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: 5 February 2029
- Re-offer price: 99.709
- Coupon: 2.375%
- Swap spread: 15bp
- Government spread: 31.7bp
- Pricing date: 29 January 2026
- Settlement date: 5 February 2026
- Bookrunners: BayernLB, Erste, Natixis
- Country: Germany
- ISIN: DE000A14J0S6
- Collateral type: Mortgage
- The CBR bond ID: 3293
- Green, social, sustainability description: unlabelled
- Notes: Final book above EUR1.1bn (inc. EUR65m JLMs).
