DZ HYP has taken advantage of the current constructive capital market environment and yesterday issued its fourth benchmark bond this year. With a maturity of five years, the shortest DZ HYP Hypothekenpfandbrief of the year was placed on the market in a volume of EUR 1 billion.

DZ HYP yesterday issued its third mortgage Pfandbrief in 2021. The nine-year bond has a volume of EUR 750 million and carries a coupon of 0.01 percent. The rating agencies Moody's and S&P assign the Pfandbrief with a Aaa and AAA Rating, respectively. After the announcement of the bond the day before, order books opened on Thursday morning and met strong investor interest. After approximately 2 hours, the final spread was set at the lower end of the price range with an order book volume of EUR 1.6 billion at mid-swap +2 basis points.

DZ HYP celebrated its 100th anniversary on 11 May 2021, with a ceremony in the Recital Hall of the Elbphilharmonie concert hall in Hamburg. Clients, business partners, long-time companions and the Bank's employees took part in the festivities – virtually. In addition to Uwe Fröhlich, Chairman of the Supervisory Board of DZ HYP, and Chief Executive Officer Dr Georg Reutter, one of the speakers at the event was Dr Peter Tschentscher, the city’s First Mayor. Olaf Scholz, German Federal Minister of Finance and Vice Chancellor, delivered the keynote address via video conference.