These are the details of the selected bond:
- Issuer: Caisse Francaise de Financement Local
- Covered bond rating(s) at launch: Aaa (Moody's) AA+ (S&P) AAA (DBRS)
- Amount: EUR1,250m
- Maturity date: 3 October 2031
- Re-offer price: 99.542
- Coupon: 2.75%
- Swap spread: 50bp
- Government spread: 84.2bp
- Pricing date: 25 September 2024
- Settlement date: 3 October 2024
- Bookrunners: Credit Agricole, ING, LBBW, NatWest, SG
- Country: France
- ISIN: FR001400SXM8
- Collateral type: Public
- The CBR bond ID: 2988
- Green, social, sustainability description: Social
- Notes: Final book above EUR1.5bn with 70 accounts. Banks 78%, central banks/official institutions 11%, investment managers 8%, insurance 3%. Germany/Austria 34%, France 26%, Iberian Peninsula 11%, Italy 10%, Nordics 6%, Benelux 4%, Asia 4%, UK/Ireland 3%, others 2%.
