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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
FNCL
PRCD
MUNHYP
Muenchener Hypothekenbank EG€500
1EMEA
Jun 9, 2026
currency
EUR
size (m)
500.000
maturity
Jul 5, 2029
type
Fixed
tenor
3.000
call
-
registration
Reg S Only
benchmark
Swaps
ranking
Covered Bond
moody's
Aaa
s&p
-
fitch
-
size description
Will Not Grow
re-open/tap
No
ipt
MS+14 area
ipt-pxd
-7
guidance
n/a - straight to launch
spread
7
coupon
2.875%
spread set
-
price
99.78800
yield
2.948%
book size (m)
1,750
peak book (m)
1,900
x-covered
3.5
book attrition
-7.89%
nic
-
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
1,750
peak book (m)
1,900
x-covered
3.5
book attrition
-7.89%
nic
-
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
Book size: 1750; Registration: Reg S Only; Comments: OBL 2.1 04/12/29 #189 +24.8 bps @98.38, HR 108%. LEI: 529900GM944JT8YIRL63. Listing: Munich;
Relative Value

COMPS

Ticker


Country

Maturity

Size (mn)

Coupon

Rating (M/S&P/F)

Issued

Yrs to Mat

I-Sprd (Mid)

MUNHYP

GE

14-Aug-29

€ 750

3.13%

Aaa/NR/NR

Apr-23

3.2yr

+7.5bp

NDB

GE

28-May-29

€ 750

3.00%

Aaa/NR/NR

May-26

3.0yr

+8.3bp

CMZB

GE

16-Apr-29

€ 750

2.88%

Aaa/NR/NR

Apr-26

2.9yr

+9.4bp

NDAFH

FI

03-Apr-29

€ 1,000

2.88%

Aaa/NR/NR

Mar-26

2.8yr

+9.0bp