7 yr: Book size: 1200; Registration: Reg S Only; Comments: EUR250m WNG sub-bmk 5-7yr public sector covered RegS. NR/A+. DZ/Erste(B&D)/Helaba/RBI. Guidance MS+22 area for 7yr. Set MS+15, bk 1.2bn (160m JLM), DBR 0 1/4 08/15/28 @ 105.55% +55.4bps. . FTT 1.05pm. LEI: 549300IEVCBWVV97WC81. Distribution: Ger 38%, Aus 19%, Nordics 17%, Asia 7%, It 6%, Switz 4%, CEE 3%, Other 6%. Bks 47%, FM/AM 40%, CB/OI 11%, Other 2%;

Cover Bond