These are the details of the selected bond:
- Issuer: Deutsche Kreditbank AG
- Covered bond rating(s) at launch: Aaa (Moody's)
- Amount: EUR1,000m
- Maturity date: 9 July 2038
- Re-offer price: 99.825
- Coupon: 3.375%
- Swap spread: 37bp
- IPTs/initial guidance: 42bp
- Government spread: 30.1bp
- Pricing date: 1 July 2026
- Settlement date: 9 July 2026
- Bookrunners: BayernLB, Commerzbank, DZ, Erste, SG, UniCredit
- Country: Germany
- ISIN: DE000DKB0614
- Collateral type: Mortgage
- The CBR bond ID: 3433
- Green, social, sustainability description: unlabelled
- Final book: EUR1.455bn (inc. EUR110m JLMs)
- Distribution by type: Banks 57%, asset managers/funds 30%, insurance companies/pension funds 10%, central banks/official institutions 2%, others 1%
- Geographical distribution: Germany 55%, Benelux 14%, southern Europe 12%, Austria/Switzerland 11%, UK/Ireland 3%, Nordics 2%, others 3%
