By Laura Contemori – ROME (Econostream) – German development bank Investitionsbank Berlin (IBB) on Thursday priced a €500 million five-year social bond.
The senior unsecured Reg S bearer bond carries a 3.125% annual fixed-rate coupon and will mature on August 20, 2031.
The deal was reoffered at par for a yield of 3.125% and 12bp over mid-swaps.
Settlement is scheduled for August 20, 2026.
BayernLB, CACIB, Deutsche Bank, DZ Bank and LBBW acted as bookrunners.
The deal was priced at 14:09 UK time (15:09 CEST).