Federal Republic of Germany (DEGV) 2022-5

CCYSZE(M)TNRMTYRNKMOSPFIDRTYPEBNCHIPTGDNCSPRDCPNNICPRICE
EUR4,000.00028.23Aug-50Sr. UnsecuredAaaAAAAAAAAAZeroCpnB-B-1.25 a-20%-0.568.24000
Tranche Comments
28.23 yr: Book size: 10700; Registration: Reg S Only; Comments: EUR4bn WNG tap of EUR6bn 0% Aug 2050 green Bund. Aaa/AAA/AAA. Barc(B&D/DM)/CMZ/CA-CIB/HSBC/MS/Nomura. Guidance conventional twin Bund 8/50 -1.25 area, set -2. Bks >10.7bn (3.25bn JLM), peak >15.8bn (3.3bn JLM), Immediate funge, no AI. FTT. Distribution Stats: UK 31%, It 17%, Neth 16%, Ger 12%, RoW 7%, Greece 5%, Port 4%, Fr 3%, Switz 3%, RoEur 2%. FM 39%, Bks 22%, Other (Trading/Brokers) 14%, HF 15%, Ins/PF 8%, CB/OI 2%. LEI: 529900AQBND3S6YJLY83;
Deal Comments
Green Bond. EUR4bn tap of 0% due 8/15/2050
Use of Proceeds
Germany's Green Bond Framework