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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
FNCL
PRCD
SSPHAN
Sparkasse Hannover€500
1EMEA
Oct 21, 2026
currency
EUR
size (m)
500.000
maturity
Oct 31, 2033
type
Fixed
tenor
7.000
call
-
registration
-
benchmark
Swaps
ranking
Covered Bond
moody's
-
s&p
-
fitch
AAA
size description
Will Not Grow
re-open/tap
No
ipt
-
ipt-pxd
-3
guidance
MS+38 area
spread
35
coupon
3.75%
spread set
-
price
99.53500
yield
3.827%
book size (m)
780
peak book (m)
780
x-covered
1.56
book attrition
0.00%
nic
5
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
780
peak book (m)
780
x-covered
1.56
book attrition
0.00%
nic
5
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
Book size: 780; Comments: DBR 2.6 08/15/33 +52.8bps (95.790) / HR 103%. LEI: 52990085XZWOZNLAWJ54. Listing: Hannover, unregulated market (Freiverkehr);
Relative Value

Covered
7yr (Oct 2033) @ MS+38a

Implied Spread for fresh 7yr @ MS+30
Priced at MS+35
NIC of +5


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