These are the details of the selected bond:
- Issuer: NordLB
- Covered bond rating(s) at launch: Aaa (Moody's)
- Amount: EUR750m
- Maturity date: 12 September 2033
- Re-offer price: 99.609
- Coupon: 3.50%
- Swap spread: 24bp
- IPTs/initial guidance: 30bp
- Government spread: 34.6bp
- Pricing date: 2 September 2026
- Settlement date: 11 September 2026
- Bookrunners: Credit Agricole, DZ, Helaba, ING, NordLB, UniCredit
- Country: Germany
- ISIN: DE000NLB57X5
- Collateral type: Mortgage
- The CBR bond ID: 3478
- Green, social, sustainability description: unlabelled
- Final book: above EUR1.1bn (inc. EUR150m JLMs)
- Number of accounts: over 50
- Distribution by type: Banks 68.7%, asset managers/hedge funds 22.9%, central banks/official institutions 7.3%, other 1.1%
- Geographical distribution: Germany/Austria/Switzerland 65.4%, UK 17.0%, Luxembourg 5.0%, other 4.0%
