U.K.-based Lloyds Bank PLC issued a €1.5 billion bond, Cbonds reported.

The fixed-rate notes, which will mature March 25, 2024, carry a coupon of 0.25%.

Deutsche Bank, ING Wholesale Banking London, Landesbank Baden-Württemberg, Lloyds Banking Group PLC and UBS Group AG acted as book runners on the issuance.