This Thursday, Deutsche Hypothekenbank has successfully issued a benchmark Mortgage Pfandbrief. The EUR 500 million issue has an eight-year term and a coupon of 0.50%. With an issue price of 99.02%, the yield amounts to 0.626% \u2013 this corresponds to a discount of minus five basis points to mid swap. Deutsche Hypo was supported in the transaction by the joint leads Commerzbank, Cr\u00e9dit Agricole CIB, Helaba, NORD\/LB and UniCredit.<\/p>\n
During the order book opening, more than 40 orders with a volume of more than EUR 600 million were received \u2013 the issue was thus markedly oversubscribed. The investors come from Germany and other European countries, including Austria, Italy, the Netherlands, Great Britain, Scandinavia, but also from Asia. The order book included asset managers, savings banks, banks, insurance companies, central banks and public authorities.<\/p>\n
\u201cWith this benchmark issue, we have again acquired a granular order book at competitive prices\u201d, emphasises Andreas Rehfus, Member of the Board of Managing Directors of Deutsche Hypo. \u201cIn addition to investors we have known for many years, we have also been able to attract a number of participants whom we have seen in our order book for the first time. We view this as proof that we have once again sustainably expanded our investor base\u201d.<\/p>\n
Deutsche Hypo is a renowned issuer on the Pfandbrief market. In addition to Pfandbriefe, it also issues unsecured bearer and registered bonds.<\/p>\n
Benchmark issue key figures<\/strong><\/p>\n Issuer:\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Deutsche Hypothekenbank (Actien-Gesellschaft) This Thursday, Deutsche Hypothekenbank has successfully issued a benchmark Mortgage […]<\/p>\n","protected":false},"author":34,"featured_media":16410,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_oasis_is_in_workflow":0,"_oasis_original":0,"_oasis_task_priority":"","footnotes":""},"categories":[5],"tags":[],"class_list":["post-16392","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en"],"acf":[],"yoast_head":"\n
\nFormat:\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Mortgage Pfandbrief
\nWKN:\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 DHY496
\nMaturity:\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 29 June 2026
\nVolume:\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 EUR 500 million
\nSpread:\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 mid swap minus five basis points
\nCoupon:\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 0.50%
\nRating:\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Aa1 (Moody\u2019s)
\nStock exchange: Hanover<\/p>","protected":false},"excerpt":{"rendered":"