By Laura Contemori – ROME (Econostream) – ING Group’s German unit ING-DiBa on Tuesday priced a €1 billion five-year green mortgage covered bond (Hypothekenpfandbrief).

The Reg S bearer fixed-rate bond carries a 3.250% fixed annual coupon and will mature on September 1, 2031.

The deal was reoffered at a price of 99.991 for a yield of 3.252%, equivalent to 16bp over mid-swaps.

Settlement is scheduled for September 1, 2026.

BayernLB, Credit Agricole CIB, Helaba, HSBC, ING, Nordea and UniCredit acted as bookrunners.

The deal was priced at 13:44 CEST (12:44 BST).