These are the details of the selected bond:
- Issuer: Bayerische Landesbank
- Covered bond rating(s) at launch: Aaa (Moody's)
- Amount: EUR500m
- Maturity date: 22 June 2029
- Re-offer price: 99.773
- Coupon: 2.75%
- Swap spread: 7bp
- IPTs/initial guidance: 13bp
- Government spread: 25.5bp
- Pricing date: 15 June 2026
- Settlement date: 22 June 2026
- Bookrunners: BayernLB, Credit Agricole, Helaba, ING, RBI
- Country: Germany
- ISIN: DE000BYL0J59
- Collateral type: Public
- The CBR bond ID: 3423
- Green, social, sustainability description: unlabelled
- Final book: EUR1.27bn (inc. EUR270m JLMs)
