These are the details of the selected bond:
- Issuer: Deutsche Kreditbank AG
- Covered bond rating(s) at launch: Aaa (Moody's)
- Amount: EUR1,000m
- Maturity date: 4 February 2041
- Re-offer price: 99.564
- Coupon: 3.500%
- Swap spread: 42bp
- Government spread: 37.2bp
- Pricing date: 27 January 2026
- Settlement date: 4 February 2026
- Bookrunners: ABN Amro, BayernLB, Credit Agricole, NordLB, TD, UBS
- Country: Germany
- ISIN: DE000DKB0747
- Collateral type: Public
- The CBR bond ID: 3291
- Green, social, sustainability description: unlabelled
- Notes: Final book above EUR4.4bn (inc. EUR252m JLMs) with 128 accounts. Asset managers/fund managers 39%, banks 28%, insurance companies/pension funds 23%, central banks/official institutions 10%. Germany 62%, southern Europe 6%, UK/Ireland 6%, France 6%, Benelux 5%, Nordics 5%, Austria/Switzerland 4%, Asia 4%, others 2%.
