These are the details of the selected bond:
- Issuer: DZ Hyp
- Covered bond rating(s) at launch: Aaa (Moody's) AAA (S&P)
- Amount: EUR1,000m
- Maturity date: 30 August 2030
- Re-offer price: 99.749
- Coupon: 2.50%
- Swap spread: 25bp
- Government spread: 38.3bp
- Pricing date: 10 September 2025
- Settlement date: 17 September 2025
- Bookrunners: DekaBank, DZ, Helaba, ING, Nordea, UniCredit
- Country: Germany
- ISIN: DE000A3825Z1
- Collateral type: Mortgage
- The CBR bond ID: 3208
- Green, social, sustainability description: Green
- Misc: Final book EUR1.99bn (inc. EUR65m JLMs) with 105 accounts. Banks/private banks 47%, asset managers/fund managers 26%, central banks/official institutions 18%, insurance companies/pension funds 9%. Germany 51%, Nordics 21%, France 7%, Austria/Switzerland 6%, Benelux 6%, eastern Europe 5%, UK 2%, southern Europe 2%.
