Deutsche Bank has successfully issued its first European Green Bond (EuGB), raising €500 million under the newly established European Green Bond Standard.
The four-year bond, which is callable after three years, carries a coupon of 2.875%. It marks the bank’s debut issuance aligned with the EU’s official green bond framework and follows the update of its Sustainable Instruments Framework and the publication of its EuGB Factsheet in January 2026.
Proceeds from the transaction will be used exclusively to refinance assets within the Green Buildings category of Deutsche Bank’s Sustainable Instruments Framework. The portfolio consists entirely of EU Taxonomy-aligned residential real estate loans and was fully allocated to eligible assets at issuance.
Richard Stewart, Group Treasurer at Deutsche Bank, said the issuance demonstrates the bank’s commitment to high standards of sustainable finance. He noted that alignment with the European Green Bond Standard offers investors a transparent and high-quality investment opportunity that supports the green transition in the real estate sector and reinforces the bank’s role in financing the shift to a net-zero economy.
The issuance is supported by independent validation. Deutsche Bank’s updated Sustainable Instruments Framework and EuGB Factsheet were reviewed by ISS Corporate, a unit of Institutional Shareholder Services specialising in sustainability ratings and ESG assessments, which provided a Secondary Party Opinion (SPO).
