These are the details of the selected bond:
- Issuer: Wuestenrot Bausparkasse
- Covered bond rating(s) at launch: AAA (S&P)
- Amount: EUR500m
- Maturity date: 3 February 2034
- Re-offer price: 99.622
- Coupon: 3.000%
- Swap spread: 27bp
- Government spread: 32.5bp
- Pricing date: 27 January 2026
- Settlement date: 3 February 2026
- Bookrunners: ABN Amro, Commerzbank, Erste, LBBW, UniCredit
- Country: Germany
- ISIN: DE000WBP0BS2
- Collateral type: Mortgage
- The CBR bond ID: 3292
- Green, social, sustainability description: unlabelled
- Notes: Final book above EUR1.4bn (inc. EUR105m JLMs). Banks 45.8%, fund managers/asset managers 20.6%, central banks/official institutions 19.4%, insurance companies/pension funds 12.6%, other 1.6%. Germany 55.2%, Nordics 17.2%, CEE 8.8%, Netherlands 6.3%, UK/Ireland 6.1%, Italy 2.6%, Austria 2.0%, other 1.8%.
