DZ HYP successfully places mortgage covered bond
08.11.2023
- Bond in benchmark format with significant oversubscription
- Term of 3.7 years
- Coupon is 3.25 per cent
After a challenging year on the capital market so far with a high supply of covered bond issues, DZ HYP used Tuesday, 7 November 2023, to place a bond worth EUR 500 million on the capital market for the fifth time this year. The Mortgage Pfandbrief matures on 30 July 2027 and carries a coupon of 3.25 percent.
The transaction was supported by a syndicate consisting of ABN, Commerzbank, DZ BANK, Natixis, NORDLB and Unicredit.
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