Bonds

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

EDIP: In 2023, five senior bonds (total volume: € 2.9 billion) were issued and four senior bonds (total volume: € 1.9 billion) were repaid.
Kangaroo program: A senior bond was issued in 2023 (volume: € 0.1 billion). No senior bond was due for repayment in 2023.

The funds were raised to refinance liabilities due and for ongoing general Group financing. All proceeds from senior bonds not issued in euros were converted into euros. In 2023, demand for our bonds came primarily from institutional investors in Europe and Asia.

ISIN	Issuer	Currency	Volume (million)	Volume (€ mil lion)	Coupon (%)	Maturity	Term (years)
XS2577042893	DB Finance	EUR	750	750	3.625	Dec 2037	14.9
XS2624017070	DB Finance	EUR	600	600	3.250	May 2033	10.0
CH1277080508	DB Finance	CHF	275	287	1.885	Sep 2035	12.0
XS2689049059	DB Finance	EUR	600	600	3.500	Sep 2027	4.0
AU3CB0304483	DB Finance	AUD	250	149	6.016	Nov 2033	10.0
XS2722190795	DB Finance	EUR	650	650	4.000	Nov 2043	20.0

Events after the balance sheet date: Bond issue

We issued two senior bonds through DB Finance at the beginning of 2024.

ISIN	Issuer	Currency	Volume (million)	Volume (€ million)	Coupon (%)	Maturity	Term (years)
XS2755487076	DB Finance	EUR	500	500	3.375	Jan 2038	14.0
XS2763525396 ¹⁾	DB Finance	NOK	1,325	117	4.106	Feb 2039	15.0

ISIN

Issuer

Currency

Volume

(million)

Volume

(€ million)

Coupon (%)

Maturity

Term (years)

XS2755487076

DB Finance

EUR

500

3.375

Jan

2038

14.0

XS2763525396 ¹⁾

DB Finance

NOK

1,325

117

4.106

Feb

2039

15.0

¹⁾ Private placement.