These are the details of the selected bond:
- Issuer: Aareal Bank AG
- Covered bond rating(s) at launch: Aaa (Moody's)
- Amount: GBP250m
- Maturity date: 16 March 2029
- Re-offer price: 99.733
- Coupon: 4.125%
- Swap spread: 65bp
- Pricing date: 5 February 2026
- Settlement date: 11 February 2026
- Bookrunners: BMO, Nomura
- Country: Germany
- ISIN: XS3293865625
- Collateral type: Mortgage
- The CBR bond ID: 3299
- Green, social, sustainability description: unlabelled