Bond Baden-Württemberg Förderbank 0% ( XS1435162703 ) in CAD

Issuer Baden-Württemberg Förderbank
Market price 100 %  ▲ 
Country  Germany
ISIN code  XS1435162703 ( in CAD )
Interest rate 0%
Maturity 14/08/2016 - Bond has expired



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Detailed description Landeskreditbank Baden-Württemberg (LBBW) is a Förderbank (promotional bank) providing financing and consulting services to support the economy and infrastructure of Baden-Württemberg, Germany.

A bond, identified by ISIN code XS1435162703, issued by Landeskreditbank Baden-Württemberg - Förderbank, a German public sector development bank serving the state of Baden-Württemberg, has successfully reached its maturity date of August 14, 2016, and has subsequently been fully repaid, reflecting a redemption at 100% of its principal value, denominated in Canadian Dollars (CAD), consistent with its initial structure as a zero-coupon instrument bearing a 0% interest rate, where the stated annual payment frequency refers to the principal repayment at maturity rather than periodic interest distributions, thereby concluding its full lifecycle as a mature and settled debt instrument.