v3.25.4
Risk Report - Liquidity Risk - Funding Markets and Capital Markets Issuance (Detail: Text Values)
€ in Billions
3 Months Ended 12 Months Ended
Dec. 31, 2025
EUR (€)
yr
Sep. 30, 2025
EUR (€)
Jun. 30, 2025
EUR (€)
Mar. 31, 2025
EUR (€)
Dec. 31, 2025
EUR (€)
yr
Dec. 31, 2024
EUR (€)
Dec. 31, 2026
EUR (€)
Funding sources              
Total funding sources € 3.6 € 4.4 € 4.7 € 6.0 € 18.7    
Prefunding for next fiscal year included in total funding sources         € 3.0    
Senior debt trading rate wider (narrower) than peers         0.08% 0.10%  
Capital securities trading rate wider (narrower) than peers         0.14% (0.17%)  
Capital Issuance         € 2.5    
Senior non-preferred issuance         11.0    
Senior preferred issuance         4.8    
Covered bond Issuance         0.4    
Total funding sources in Euro         9.8    
Total funding sources in USD         7.1    
Total funding sources in JPY         0.5    
Total funding sources in GBP         0.6    
Total funding sources in other currencies         € 0.7    
Investor base for issuances              
Asset managers and pension funds percent 63.30%       63.30%    
Banks percent 10.60%       10.60%    
Retail customers percent 3.20%       3.20%    
Insurance companies percent 5.20%       5.20%    
Other institutional investors percent 11.30%       11.30%    
Governments and agencies percent 4.40%       4.40%    
Other investors percent 1.70%       1.70%    
Geographical distribution of Funding sources percent              
Germany percent 15.00%       15.00%    
Rest of Europe percent 44.00%       44.00%    
US percent 29.00%       29.00%    
Asia/Pacific percent 8.00%       8.00%    
Others percent 4.00%       4.00%    
Average spread of DB issuance over 3 months Euribor/ risk free rate in bps 0.0095       0.0095    
Average tenor in years | yr 4.8       4.8    
Approximate total capital markets maturities, excluding legally exercisable calls € 14.0       € 14.0    
Approximate volume of structured notes issued during the year 7.7       7.7    
Forecast              
Geographical distribution of Funding sources percent              
Approximate volume of structured notes issued during the year             € 7.3
Minimum              
Funding sources              
Funding issuance plan for next fiscal year 10.0       10.0 € 15.0  
Maximum              
Funding sources              
Funding issuance plan for next fiscal year € 15.0       € 15.0 € 20.0