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ItalianoBond LBBW 2% ( DE000LB3MKU9 ) in EUR
| Issuer | LBBW |
| Market price | 100 % ⇌ |
| Country |  Germany
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| ISIN code |
 DE000LB3MKU9 ( in EUR )
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| Interest rate | 2% per year ( payment 1 time a year) |
| Maturity | 08/02/2024 - Bond has expired |
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Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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| Minimal amount | / |
| Total amount | / |
| Detailed description |
Landesbank Baden-Württemberg (LBBW) is a German public-sector bank headquartered in Stuttgart, offering a wide range of financial services to corporate and public sector clients, both domestically and internationally. A specific bond issued by Landesbank Baden-Württemberg (LBBW) successfully reached its maturity date on February 8, 2024, and has since been fully redeemed. Identified by the ISIN code DE000LB3MKU9, this Euro-denominated debt instrument, issued in Germany, carried a fixed annual coupon rate of 2% with annual interest payments, and consistently maintained its market price at 100% leading up to its redemption. Landesbank Baden-Württemberg, commonly known as LBBW, is a prominent German universal bank headquartered in Stuttgart; as one of Germany's largest Landesbanks, it serves as the central bank for savings banks in Baden-Württemberg, Saxony, and Rhineland-Palatinate, and operates as a commercial bank, corporate bank, and retail bank, playing a significant role in the German financial landscape. The bond's principal amount, quoted at 100% of its face value, was duly repaid to bondholders upon its February 8, 2024 maturity, finalizing its lifecycle as a debt obligation. |