These are the details of the selected bond:
- Issuer: Commerzbank
- Covered bond rating(s) at launch: Aaa (Moody's)
- Amount: EUR1,000m
- Maturity date: 14 January 2033
- Re-offer price: 99.638
- Coupon: 3.125%
- Swap spread: 28bp
- Pricing date: 9 April 2026
- Settlement date: 16 April 2026
- Bookrunners: BNS, Commerzbank, Helaba, Mediobanca, RBC, RBI
- Country: Germany
- ISIN: DE000CZ46CD1
- Collateral type: Mortgage
- The CBR bond ID: 3355
- Green, social, sustainability description: unlabelled
- Notes: Simultaneous with EUR500m 2.875% April 2029 issue (DE000CZ46CE9). Final book above EUR1.5bn with 68 accounts. Banks/financial services 59%, governments/agencies 20%, funds 13%, insurance companies/pension funds 6%, hedge funds 1%, other 1%. Germany 44%, Benelux 14%, UK/Ireland 8%, France 7%, Nordics 7%, Austria/Switzerland 6%, CEE 5%, southern Europe 5%, Asia 4%.
