DZ HYP places €500 million Mortgage Pfandbrief

• Benchmark bond with term of 4.8 years 
• 3.25 per cent coupon

On 3 September 2026, DZ HYP successfully placed a €500 million Mortgage Pfandbrief on the capital markets during a busy issuance period. The benchmark bond carries a 3.25 per cent coupon and is due to mature on 30 June 2031. 

The transaction was managed by a syndicate comprising Crédit Agricole Corporate and Investment Bank, Deutsche Bank AG, DZ BANK AG, Landesbank Hessen-Thüringen Girozentrale, Standard Chartered Bank AG and Swedbank AB.

Having been announced the previous day, the order book was opened on Thursday morning with a spread of mid-swaps plus 20 basis points over 6-month Euribor. Based on an allocable order book volume of €1.9 billion (with 73 individual orders), the final spread was fixed at mid-swaps plus 13 basis points. 

Continue to the full press release