- Austrian lender Erste Group Bank issued a €1 billion pfandbrief - a German law governed covered bond.
- The notes, which are collateralised by mortgages, have a coupon of 0.75% and mature in 2028.
- The bond is listed on Vienna's stock exchange.
- Landesbank Baden-Württemberg, Crédit Agricole Corporate and Investment Bank, Credit Suisse Securities, DZ BANK AG Deutsche Zentral-Genossenschaftsbank, and Erste Group Bank were joint lead managers on the transaction.
Ben Naylor - Regional editor