Bond Badenia-Wuerttemberg Bank 7.625% ( US514886AC47 ) in USD
Issuer | Badenia-Wuerttemberg Bank |
Market price | 99.9241 % ▼ |
Country | ![]() |
ISIN code |
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Interest rate | 7.625% per year ( payment 2 times a year) |
Maturity | 01/02/2023 - Bond has expired |
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Minimal amount | 1 000 USD |
Total amount | 300 000 000 USD |
Cusip | 514886AC4 |
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. An analysis of the debt capital markets reveals details of a recently matured bond, identified by ISIN US514886AC47 and CUSIP 514886AC4, issued by Landesbank Baden-Wuerttemberg (LBBW), a significant German universal bank based in Stuttgart that operates as a central bank for regional savings banks and provides extensive financial services across corporate, retail, and public sectors. This particular USD-denominated bond, originating from Germany, comprised a total issue size of $300,000,000, with a minimum investment lot of $1,000, and featured a fixed annual interest rate of 7.625%, with coupons paid semi-annually; it was last noted trading at 99.9241% of par before reaching its scheduled maturity on February 1, 2023, at which time the principal was fully repaid to its holders. |