These are the details of the selected bond:
- Issuer: Natixis Pfandbriefbank AG
- Covered bond rating(s) at launch: Aaa (Moody's)
- Amount: EUR250m
- Maturity date: 4 November 2030
- Re-offer price: 99.810
- Coupon: 2.625%
- Swap spread: 34bp
- Government spread: 43.5bp
- Pricing date: 28 October 2025
- Settlement date: 4 November 2025
- Bookrunners: BayernLB, Helaba, Natixis
- Country: Germany
- ISIN: DE000A14J0R8
- Collateral type: Mortgage
- The CBR bond ID: 3240
- Green, social, sustainability description: unlabelled
- Notes: Final book above EUR450m (inc. EUR130m JLMs).
