Bonds
DB Group has a European debt issuance program (EDIP) and an Australian debt issuance program (Kangaroo Program) available for long-term debt financing. Nine senior bonds were issued under the EDIP in 2022 (total volume: € 3.1 billion) and four senior bonds (total volume: € 1.6 billion) were repaid. The funds were raised to refinance liabilities falling due and for ongoing general Group financing. All proceeds from senior bonds not issued in euros were converted into euros. In 2022, demand for our bonds came primarily from institutional investors in Europe and Asia.