Commentary & Deal Flow

City of Dortmund (ticker: "DRTMND"), which will not be rated, has mandated DekaBank and UniCredit to lead manage its forthcoming min. €150m 7yr Stadtanleihe.

An expected min. €150m 7yr € offering will be launched in the near future, subject to market conditions.

• Risk Weighting: 0% risk weighted, LCR Level 1
• Coupon: Fixed rate coupon
• Target Market: Manufacturer target market (MiFID II product governance) for the bonds is eligible counterparties, professional clients and retail clients, each as defined in MiFID II (all channels for distribution of the bonds are appropriate)