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Pricing
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Asset Backed Securities
Sovereign, Supranational, and Agency
Regional Government
Parent Companies
Land Niedersachsen (aka State of Lower Saxony)
Land Niedersachsen (aka State of Lower Saxony)
Land Niedersachsen (aka State of Lower Saxony) (NIESA)
Deal Details
C/P
Industry
Status
Ticker(s)
Issuer(s)
Size(m)
Tranches
Region
Date
IGC
SSA
PRCD
NIESA
Land Niedersachsen (aka State of Lower Saxony)
€500
1
EMEA
Sep 22, 2026
Tranche #1
Land Niedersachsen (aka State of Lower Saxony)
BBG025BC9409
currency
EUR
size (m)
500.000
maturity
Sep 29, 2036
type
Floating
tenor
10.000
call
-
registration
Reg S Only
benchmark
6mEu
ranking
Unsecured
moody's
-
s&p
-
fitch
AAA
re-open/tap
No
ipt
-
ipt-pxd
0
guidance
6mEu+21 area
spread
21
coupon
6mEu+20
spread set
-
price
99.91400
yield
-
book size (m)
-
peak book (m)
-
x-covered
-
book attrition
-
nic
-
billing & delivering
BLB
active leads
-
joint leads
BLB
,
DEK
,
DZB
,
NLB
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
-
peak book (m)
-
x-covered
-
book attrition
-
nic
-
billing & delivering
BLB
active leads
-
joint leads
BLB
,
DEK
,
DZB
,
NLB
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
First Pay: 2027-03-29; Registration: Reg S Only; Comments: Listing: Hannover;
Hide Details
Commentary
All Commentary
CreditFlow: End of Day (Europe IG)
Sep 22, 2026
1 to 1 of 1
Deal Flow
All Deal Flow
PRICED: Federal State of Lower Saxony €500m 10yr Sr Unsec; 6mE+21bp
Sep 22, 2026
ALLOCATIONS OUT: Federal State of Lower Saxony €500m 10yr Sr Unsec; 6mE+21bp
Sep 22, 2026
LAUNCHED: Federal State of Lower Saxony €500m 10yr Sr Unsec; 6mE+21bp
Sep 22, 2026
NEW ISSUE: Federal State of Lower Saxony €500m (no-grow) 10yr Sr Unsec; 6mE+21a
Sep 22, 2026
MANDATE: Federal State of Lower Saxony Inv Calls; LSA €500m WNG 10yr FRN Offering May Follow
Sep 21, 2026
1 to 5 of 5
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