Today Deutsche Hypo successfully issued a mortgage Pfandbrief in benchmark format with a volume of \u20ac 500 million. The bond has a term of seven years and a coupon of 0.01 %. With an issue price of 101.141 %, the yield is -0.152 %, which corresponds to a premium of +3 basis points to mid-swap.<\/p>\n
After the order book was opened, more than 45 orders with a volume of more than \u20ac 750 million were received. This means that the overall very granular order book was oversubscribed by a factor of 1.5. The investors were primarily asset managers, banks and central banks, mainly from Germany, BeNeLux, Scandinavia and Italy. The benchmark issue was accompanied by a consortium of banks comprising DZ Bank, HSBC, Natixis, NORD\/LB, UniCredit and Bankhaus Lampe as co-lead.<\/p>\n
“With this issue we were able to send an impressive sign of life after Moody’s raised our bank ratings by two notches. The successful implementation of the capital measures at NORD\/LB has put an end to the uncertainties arising from the Group situation,” emphasises Sabine Barthauer, Member of the Board of Managing Directors of Deutsche Hypo. “Now we can once again fully concentrate on our competence as a major issuer of mortgage Pfandbriefe in the NORD\/LB Group and continue to successfully expand our commercial real estate financing business.\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
<\/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)<\/p>\n Format:\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Mortgage Pfandbrief<\/p>\n ISIN:\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 DE000DHY5074<\/p>\n Maturity:\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 18 Februar 2027<\/p>\n Volume:\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 EUR 500 million<\/p>\n Spread:\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 mid swap plus 3 basis points<\/p>\n Coupon:\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 0.01 %<\/p>\n Rating:\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Aa1 (Moody\u2019s)<\/p>\n Stock exchange: Hanover<\/p>\n <\/p>","protected":false},"excerpt":{"rendered":" Today Deutsche Hypo successfully issued a mortgage Pfandbrief in benchmark […]<\/p>\n","protected":false},"author":34,"featured_media":0,"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":"2normal","footnotes":""},"categories":[5],"tags":[],"class_list":["post-21310","post","type-post","status-publish","format-standard","hentry","category-news-en"],"acf":[],"yoast_head":"\n