
Stadtsparkasse Muenchen, founded in 1824 and based in Munich, Germany, serves as a public savings bank dedicated to providing financial services to both personal and business clients. The bank focuses on fundamental services such as savings accounts, loans, and real estate financing, fostering local economic development through its offerings.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
SSPMUE 0.75% 2027-09-28 EURStadtsparkasse Muenchen | Germany | 2027-09-28 | 0.750 | 2.32 |
SSPMUE 3.63% 2028-10-26 EURStadtsparkasse Muenchen | Germany | 2028-10-26 | 3.625 | 2.40 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Stadtsparkasse Muenchen began issuing bonds in 2010 to diversify its funding base and enhance liquidity. Notable issuances include green bonds aimed at sustainable projects, with the bank recently announcing a corporate bond offering featuring a fixed rate with favorable yields compared to industry averages. As of late 2023, the current yield on these bonds remains competitive, attracting retail investors seeking both income and socially responsible investment options.