These are the details of the selected bond:
- Issuer: Muenchener Hypothekenbank eG
- Covered bond rating(s) at launch: Aaa (Moody's)
- Amount: EUR500m
- Maturity date: 9 February 2033
- Re-offer price: 99.324
- Coupon: 2.750%
- Swap spread: 18bp
- Government spread: 24.9bp
- Pricing date: 2 February 2026
- Settlement date: 9 February 2026
- Bookrunners: Commerzbank, DZ, Erste, Helaba, ING, UBS
- Country: Germany
- ISIN: DE000MHB42J6
- Collateral type: Mortgage
- The CBR bond ID: 3295
- Green, social, sustainability description: unlabelled
- Notes: Final book above EUR1.2bn (inc. EUR215m JLMs) with 59 accounts. Banks 62%, asset managers/fund managers 19%, insurance companies/pension funds 11%, central banks/official institutions 8%. Germany 58%, Benelux 17%, Nordics 8%, southern Europe 8%, France 5%, UK/Ireland 3%, Austria 1%.
