These are the details of the selected bond:
- Issuer: DZ Hyp
- Covered bond rating(s) at launch: Aaa (Moody's) AAA (S&P)
- Amount: EUR500m
- Maturity date: 31 August 2029
- Re-offer price: 99.782
- Coupon: 2.50%
- Swap spread: 26bp
- Government spread: 38.9bp
- Pricing date: 2 April 2025
- Settlement date: 9 April 2025
- Bookrunners: Credit Agricole, DZ, ING, LBBW, NatWest, UBS
- Country: Germany
- ISIN: DE000A3825Q0
- Collateral type: Mortgage
- The CBR bond ID: 3096
- Green, social, sustainability description: Green
- Notes: Simultaneous with EUR500m 3% February 2035 mortgage Pfandbrief. Final book above EUR2.3bn with 86 accounts. Banks/private banks 44.7%, central banks/official institutions 27.7%, asset managers/fund managers 17.1%, insurance companies/pension funds 9.5%, corporates 1.0%. Germany/Austria/Switzerland 52.2%, Nordics 18.0%, Netherlands/Luxembourg 14.6%, southern Europe 8.3%, Middle East/Asia 4.4%, UK/France 2.5%.
