These are the details of the selected bond:
- Issuer: Muenchener Hypothekenbank eG
- Covered bond rating(s) at launch: Aaa (Moody's)
- Amount: EUR500m
- Maturity date: 6 March 2035
- Re-offer price: 99.286
- Coupon: 2.75%
- Swap spread: 44bp
- Government spread: 36.6bp
- Pricing date: 25 February 2025
- Settlement date: 6 March 2025
- Bookrunners: BNP Paribas, Commerzbank, DZ, LBBW, NordLB, UniCredit
- Country: Germany
- ISIN: DE000MHB41J8
- Collateral type: Mortgage
- The CBR bond ID: 3074
- Green, social, sustainability description: unlabelled
- Notes: Final book above EUR925m with 45 accounts. Banks/financial services 77.0%, funds 17.9%, government/agency 4.0%, corporates 0.7%, insurance companies/pension funds 0.4%. Germany 81.6%, southern Europe 7.0%, Austria/Switzerland 6.1%, Benelux 4.0%, France 1.1%, other 0.2%.
