These are the details of the selected bond:
- Issuer: Bayerische Landesbank
- Covered bond rating(s) at launch: Aaa (Moody's)
- Amount: EUR750m
- Maturity date: 7 October 2031
- Re-offer price: 99.437
- Coupon: 2.625%
- Swap spread: 26bp
- Government spread: 36.6bp
- Pricing date: 29 September 2025
- Settlement date: 7 October 2025
- Bookrunners: BayernLB, DZ, Helaba, Natixis, UniCredit
- Country: Germany
- ISIN: DE000BYL0E21
- Collateral type: Mortgage
- The CBR bond ID: 3220
- Green, social, sustainability description: unlabelled
- Notes: Final book EUR1.12bn (inc. EUR175m JLMs).
