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Instrument data
                    
                                        Senority
                                    
                                    
                                        Senior Unsecured
                                    
                                
                                        Currency
                                    
                                    
                                        EUR
                                    
                                
                                            ISIN
                                        
                                        
                                            XS3099930391
                                        
                                    
                                        Coupon percent
                                    
                                    
                                        0%
                                    
                                
                                        Coupon type
                                    
                                    
                                        Fixed:Zero Coupon
                                    
                                
                                        Instrument volume
                                    
                                    
                                        10,000,000
                                    
                                
                                        Maturity date
                                    
                                    
                                        25/06/2065
                                    
                                -
                                
                                    
                                            AAA
                                    
                                    
                                        Outlook:
                                        
                                            Stable
                                        
                                    
                                    
                                        
                                    
                                
                                
                                    
                                            AAA
                                    
                                        
                                        Outlook:
                                            Stable
                                    
                                    
                                        
                                    
                                
                            Latest change
                                
                                            
                                                New
                                        
                                        
                                            
                                            02/07/2025
                                        
                                    General information
                                
                                                                
                                                                Rating
                                                            
                                                            
                                                                
                                                                Public
                                                            
                                                            
                                                                
                                                                Solicited
                                                            
                                                            
                                                                
                                                                    With issuer participation
                                                            
                                                            
                                                                
                                                                UK endorsed
                                                            
                                                            
                                                                
                                                                EU Rated
                                                            
                                                    Julian Zimmermann
                                                                    Lead analyst
                                                            Alvise Lennkh-Yunus
                                                                    Committee chair
                                                             
                                13/12/2024 Rating announcement EN
Scope affirms L-Bank at AAA with Stable Outlook
The rating is supported by the guarantee of the German Federal State of Baden-Württemberg (AAA/Stable) for L-Bank's existing and future obligations with respect to money borrowed, bonds issued, and derivative transactions entered into by the bank.
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