Enquired: Wüstenrot Benchmark 2033

Wüstenrot regularly refinances its mortgage lending business by issuing Mortgage Pfandbriefe. In doing so, we ensure that the maturities of the loans in the cover pool match those of our outstanding Mortgage Pfandbriefe. Our current asset surplus in the 8-year maturity band prompted us to structure this benchmark with a maturity of 8 years, too.

We placed around half of our issue with banks, with the remainder distributed among asset managers and central banks. In terms of geographical distribution, we rely on our long-standing investors, mainly from German-speaking countries, but we are also seeing growing interest from the Benelux, Scandinavia, and Eastern Europe regions. Our increased investor relations activities are showing a positive impact here.

Although we have satisfied our funding requirements for this year, we expect to enter the market next year with two covered transactions and one senior benchmark transaction. Our successful residential mortgage business gives us the opportunity to make more regular and frequent appearances than before. In addition, we are also open to private placements in bearer and registered format.