These are the details of the selected bond:
- Issuer: Deutsche Pfandbriefbank AG
- Covered bond rating(s) at launch: Aa1 (Moody's)
- Amount: EUR500m
- Maturity date: 26 October 2029
- Re-offer price: 99.872
- Coupon: 3.75%
- Swap spread: 35bp
- IPTs/initial guidance: 40bp
- Government spread: 67bp
- Pricing date: 20 October 2026
- Settlement date: 27 October 2026
- Bookrunners: Commerzbank, DekaBank, NatWest, SEB, UBS, UniCredit
- Country: Germany
- ISIN: DE000A3827F9
- Collateral type: Mortgage
- The CBR bond ID: 3526
- Green, social, sustainability description: unlabelled
- Final book: above EUR1.15bn (inc. JLM interest)
- Distribution by type: Asset managers 61%, banks 20%, financial institutions 17%, insurance companies 2%
- Geographical distribution: Germany 42%, Nordics 37%, Middle East 8%, UK 6%, Luxembourg 4%, southern Europe 2%, others 1%
