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: 28 February 2035
- Re-offer price: 99.642
- Coupon: 3.00%
- Swap spread: 47bp
- Government spread: 38.4bp
- Pricing date: 2 April 2025
- Settlement date: 9 April 2025
- Bookrunners: Credit Agricole, DZ, ING, LBBW, NatWest, UBS
- Country: Germany
- ISIN: DE000A3825R8
- Collateral type: Mortgage
- The CBR bond ID: 3097
- Green, social, sustainability description: unlabelled
- Notes: Simultaneous with EUR500m 2.5% August 2029 green mortgage Pfandbrief. Final book above EUR1.35bn with 55 accounts. Banks/private banks 75.7%, asset managers/fund managers 20.9%, insurance companies/pension funds 3.4%. Germany/Austria/Switzerland 86.9%, Nordics 5.4%, southern Europe 5.2%, UK/France 2.5%.
