These are the details of the selected bond:
- Issuer: Deutsche Kreditbank AG
- Covered bond rating(s) at launch: Aaa (Moody's)
- Amount: EUR500m
- Maturity date: 2 October 2034
- Re-offer price: 99.329
- Coupon: 2.750%
- Swap spread: 39bp
- Government spread: 63.8bp
- Pricing date: 24 September 2024
- Settlement date: 2 October 2024
- Bookrunners: BayernLB, Commerzbank, NordLB, SG, UBS, UniCredit
- Country: Germany
- ISIN: DE000SCB0062
- Collateral type: Mortgage
- The CBR bond ID: 2986
- Green, social, sustainability description: Social
- Notes: Final book above EUR1.1bn with 64 accounts. Banks 47%, asset managers/fund managers 26%, insurance companies/pension funds 15%, central banks/official institutions 7%, others 5%. Germany 83%, Benelux 4%, Nordics 4%, UK 3%, Austria/Switzerland 3%, France 2%, others 1%.
