Welcome to The Covered Bond Report’s Awards for Excellence. Here are our inaugural winners: institutions and deals that have demonstrated the best of the covered bond market in the past year and taken it to new heights.

Overall deal: Bank of Ireland Mortgage Bank
Eu1bn 3.125% 2015
Highly commended: UniCredit Eu750m 4% 2018

Deal – Dollars: Royal Bank of Canada
$2.5bn 1.2% 2017
Highly commended: CM-CIC $1bn 1.5% 2017

Innovation: Commerzbank
Highly commended: Global Bank (Panama)

Overall issuer: Commonwealth Bank of Australia
Highly commended: Münchener Hypothekenbank, Stadshypotek

Issuer – Euros: Intesa Sanpaolo
Highly commended: Belfius

Investor relations: Swedbank
Highly commended: CFFL

Overall bank: Barclays
Highly commended: BNP Paribas

Bank – Euros: UniCredit
Highly commended: Crédit Agricole, Deutsche Bank

Legal advisory: Allen & Overy

Regulation: Sveriges Riksbank

Editor’s Award: European Covered Bond Council

Congratulations to all our winners. Please click here to read our full citations on the individual winners and here to read more about the thinking behind our awards.