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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
FNCL
PRCD
DEKA
DekaBank Deutsche Girozentrale€250
1EMEA
Aug 17, 2026
currency
EUR
size (m)
250.000
maturity
Sep 6, 2030
type
Fixed
tenor
4.000
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
-
ipt-pxd
-6
guidance
MS+18 area
spread
12
coupon
3.125%
spread set
-
price
99.88600
yield
3.155%
book size (m)
675
peak book (m)
820
x-covered
2.7
book attrition
-17.68%
nic
-1
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
675
peak book (m)
820
x-covered
2.7
book attrition
-17.68%
nic
-1
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
Book size: 675; Registration: Reg S Only; Comments: Deal Stats: By Region: DEU 79%, Nordics 8%, Southern Europe 7%, UK 3%, Others 3%. By type: Banks 82%, ON IT 8%, AM 7%, Insurance 3%. +32.6bps vs. DBR 0 08/15/30 @ 89.468, HR 108%. LEI: 0W2PZJM8XOY22M4GG883. Listing: Frankfurt/Luxembourg;
Relative Value

Covered

4yr (Sept 2030) @ MS+18 area

Implied Spread for fresh 4yr @ MS+13

Priced at MS+12
NIC of -1


COMPS

Ticker

Size

Rating

Coupon

Maturity

Mid ISpread

Priced

ESG

DEKA

250

Aaa/-/-

2.5

May-30

12

Feb-26

-

BYLAN

750

Aaa/-/-

2.875

Jul-30

9

Jan-24

-

HESLAN

750

Aaa/-/-

2.625

Jul-30

10

Jan-26

-

DZHYP

1,000

Aaa/AAA/-

2.5

Aug-30

11

Sep-25

Green