These are the details of the selected bond:
- Issuer: Commerzbank
- Covered bond rating(s) at launch: Aaa (Moody's)
- Amount: EUR750m
- Maturity date: 17 September 2030
- Re-offer price: 99.584
- Coupon: 2.500%
- Swap spread: 34bp
- Government spread: 46.9bp
- Pricing date: 10 June 2025
- Settlement date: 17 June 2025
- Bookrunners: BayernLB, Commerzbank, DekaBank, RBC, SEB
- Country: Germany
- ISIN: DE000CZ45ZW4
- Collateral type: Mortgage
- The CBR bond ID: 3158
- Green, social, sustainability description: unlabelled
- Notes: Final book EUR1.05bn (inc. EUR125m JLMs).
