The aim of the Bank’s funding strategy is to ensure a cost-efficient and stable refinancing base which is optimally diversified and aligned with market demand at all times. In the home market of Germany in particular, Hamburg Commercial Bank has a stable base of institutional and private investors.

Financing instruments

For long-term funding we offer national and international investors senior unsecured issues, and mortgage, shipping and public-sector Pfandbriefs in registered and bearer form. The bank launches issues both strategically and flexibly in line with market conditions. In particular, investors can enjoy private placements in a broad range of currencies and structures.

The Hamburg Commercial Bank debt issuance programme has been set up in accordance with the EU Prospectus Directive and has a total volume of EUR 25 billion, which can be issued as unsecured and subordinated bonds, Pfandbriefs and profit participation certificates.


Hamburg Commercial Bank and its predecessor institutions have placed various Tier 1 (core capital) issues with international investors to diversify the capital base.

More on Tier 1 issues (prospectuses and term sheets)

Covered Bond Information


Reports according to §28 PfandBG

Here you will find the "as at" reporting for the date specified below


Covered Bond Rating