These are the details of the selected bond:
- Issuer: Bayerische Landesbank
- Covered bond rating(s) at launch: Aaa (Moody's)
- Amount: EUR750m
- Maturity date: 28 May 2032
- Re-offer price: 99.912
- Coupon: 2.750%
- Swap spread: 37bp
- Government spread: 44.5bp
- Pricing date: 20 May 2025
- Settlement date: 28 May 2025
- Bookrunners: BayernLB, Erste, Helaba, ING, RBC, UniCredit
- Country: Germany
- ISIN: DE000BYL0CV6
- Collateral type: Public
- The CBR bond ID: 3134
- Green, social, sustainability description: unlabelled
- Notes: Final book EUR1.49bn with 62 accounts. Banks 51%, asset managers/fund managers 31%, central banks/official institutions 8%, corporates 8%, insurance companies/pension funds 2%. Germany 65%, Benelux 13%, Nordics 6%, UK 6%, southern Europe 4%, Austria/Switzerland 4%, France 2%.
