/LB Norddeutsche Landesbank successfully issued a public Pfandbrief in benchmark format. The term of the 750 million euro public sector covered bond is 3.25 years. The bond will therefore mature in May 2027. The expected Moody’s rating of the Pfandbrief is Aa1. The Pfandbrief coupon is 2.875%, which corresponds to a premium to the middle of the swap of 20 basis points. With a denomination of 1,000, the Pfandbrief is also suitable for private investors.