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: 12 June 2045
- Re-offer price: 98.788
- Coupon: 3.25%
- Swap spread: 65bp
- Government spread: 43.7bp
- Pricing date: 3 June 2025
- Settlement date: 12 June 2025
- Bookrunners: ABN Amro, BayernLB, Credit Agricole, Erste, NatWest, UBS
- Country: Germany
- ISIN: DE000DKB0564
- Collateral type: Public
- The CBR bond ID: 3149
- Green, social, sustainability description: unlabelled
- Notes: Final book above EUR1.9bn. Banks 41%, insurance companies/pension funds 24%, asset managers/fund managers 21%, central banks/official institutions 14%. Germany 67%, Austria/Switzerland 8%, Benelux 8%, southern Europe 6%, Scandinavia 5%, UK 2%, other 4%.
