Green Bond Fact Sheet

This fact sheet details a EUR 500 million green covered bond issued by MünchenerHyp on November 8, 2018, to finance energy-efficient residential and commercial property mortgages in Germany.

• MünchenerHyp issued a green covered bond on November 8, 2018, with a total amount of EUR 500 million (USD 568 million) and a maturity date of December 13, 2023.
• The proceeds of the bond are used to (re)-finance residential and commercial property mortgages based on specific energy performance criteria. Residential buildings must have a maximum annual energy performance of 70kWh/m2 or an energy performance certificate of "B" or above. Commercial properties must hold certifications such as DGNB (Gold or Platinum), BREEAM (Very good or Platinum), LEED (Gold or Platinum), HQE (Excellent or Exceptional), or be within the top 15% of national building stock by energy performance.
• MünchenerHyp has committed to annual reporting on its corporate responsibility strategy using GRI-aligned key performance indicators, as well as annual disclosure of the allocation of proceeds. This disclosure includes the number and volume of green loans for retail and commercial lending and the share of unallocated proceeds. The issuer also commits to impact reporting on average energy consumption and avoided CO2 emissions.
• The bond issuance saw the highest interest from German investors, who represented 63% of the volume, followed by investors from the UK and Scandinavia. In terms of investor type, banks were the largest group at 44%, followed by funds and asset managers at 37%.
• This issuance marked MünchenerHyp's first ESG Pfandbriefe and was the fifth covered bond issued by a German green bond issuer in 2018, contributing to a cumulative national total of USD 7.5 billion for that year.

APA

Climate Bonds Initiative (2018). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2018-11%20DE%20M%C3%BCnchenerHyp.pdf

Chicago

Climate Bonds Initiative. Green Bond Fact Sheet. 2018. https://www.climatebonds.net/files/drupal-files/files/2018-11%20DE%20M%C3%BCnchenerHyp.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=20 November 2018 |url=https://www.climatebonds.net/files/drupal-files/files/2018-11%20DE%20M%C3%BCnchenerHyp.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{climatebondsinitiative2018green, author = {{Climate Bonds Initiative}}, title = {{Green Bond Fact Sheet}}, institution = {Climate Bonds Initiative}, year = {2018}, month = nov, url = {https://www.climatebonds.net/files/drupal-files/files/2018-11%20DE%20M%C3%BCnchenerHyp.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }