trending Market Intelligence /marketintelligence/en/news-insights/trending/Y7B0l_8h8uH8kIcCRTSWQA2 content esgSubNav
In This List

Münchener Hyp prices €500M mortgage pfandbrief

Blog

Global Capital Markets & SPAC Activity – H1 2021

Blog

Banking Essentials Newsletter: July Edition - Part 3

Blog

Banking Essentials Newsletter: July Edition - Part 2

Blog

Anticipate the Unknown Go Beyond Fundamentals to Uncover Early Signs of Private Company Credit Deterioration


Münchener Hyp prices €500M mortgage pfandbrief

saidApril 12 that it issued a €500 million mortgage pfandbrief, its first benchmarkissuance in 2016.

The pfandbriefcarries a 0.5% coupon and a term of 10 years. It was priced at 1 basis pointbelow the midswap rate.

Thebank said the issue was met with high investor demand. The order book wasclosed after 44 orders were received for just below €750 million, the bank said.

Thetransaction was accompanied by DZ Bank, HSBC Trinkaus & Burkhardt, LBBW andUniCredit.