These are the details of the selected bond:
- Issuer: Landesbank Baden-Wuerttemberg
- Covered bond rating(s) at launch: Aaa (Moody's)
- Amount: EUR750m
- Maturity date: 23 October 2028
- Re-offer price: 99.800
- Coupon: 3.375%
- Swap spread: 7bp
- IPTs/initial guidance: 12bp
- Government spread: 37.1bp
- Pricing date: 12 October 2026
- Settlement date: 23 October 2026
- Bookrunners: DZ, ING, LBBW, NatWest, NordLB, SG
- Country: Germany
- ISIN: DE000LB2EQY7
- Collateral type: Mortgage
- The CBR bond ID: 3522
- Green, social, sustainability description: unlabelled
- Final book: above EUR1.6bn (inc. EUR225m JLMs)
- Number of accounts: 75
- Distribution by type: Banks 39%, asset managers 33%, central banks/official institutions 27%, other 1%
- Geographical distribution: Germany 49%, Nordics 17%, Asia 15%, Benelux 5%, UK/Ireland 4%, southern Europe 4%, Africa 4%, CEE 2%
