Bonds

Financial management system

DB Group has a European debt issuance program (EDIP) and an Australian debt issuance program (Kangaroo program) available for long-term debt financing.

  • EDIP: Under the EDIP, three senior bonds were issued in the first half of 2024 (volume: € 1.1 billion) and six senior bonds (volume: € 1.1 billion) were repaid.
  • Kangaroo program: The changes in the Kangaroo program resulted from exchange rate differences.

The funds were raised to refinance liabilities becoming due and ongoing general Group financing. In the first half of 2024, demand for our bonds came primarily from institutional investors in Europe.

ISIN

Issuer

Currency

Volume (million)

Volume (million)

Coupon (%)

Maturity

Term (years)

XS2755487076

DBFinance

EUR

500

500

3.375

Jan 2038

14.0

XS2763525396 1)

DBFinance

NOK

1,325

117

4.106

Feb 2039

15.0

XS2808189760

DB Finance

EUR

500

500

3.250

Apr 2034

10.0

1) Private placement.