F van Lanschot Bankiers is set to launch an inaugural benchmark covered bond from a conditional pass-through programme (CPT) soon, after having yesterday (Tuesday) registered its programme and today announced a mandate for a roadshow beginning on Friday of next week (10 April).

The Dutch Bank today (Wednesday) announced it would hold a series of investor meetings across Europe running from 10 April to 17 April, with BNP Paribas, Credit Suisse, LBBW, Natixis and Rabobank arranging the roadshow.

The inaugural benchmark covered bond that is expected to follow will be issued off a Eu5bn programme that it jointly arranged with Rabobank and that was registered with the De Nederlandsche Bank yesterday, according to the Dutch central bank’s covered bond register.

Van Lanschot recently launched a first, Eu1m bond from the programme that was rated triple-A by Standard & Poor’s and Fitch, a pre-condition of the programme’s registration.

The issuer could now become only the third to launch benchmark CPT covered bonds within a legislative framework after fellow Dutch bank NIBC and Italy’s UniCredit.