These are the details of the selected bond:
- Issuer: Banco BPM
- Covered bond rating(s) at launch: Aa3 (Moody's)
- Amount: EUR750m
- Maturity date: 6 September 2029
- Re-offer price: 99.757
- Coupon: 2.625%
- Swap spread: 48bp
- Government spread: 58.1bp
- Pricing date: 27 February 2025
- Settlement date: 6 March 2025
- Bookrunners: Banca Akros, Barclays, IMI Intesa Sanpaolo, ING, LBBW, Natixis, RBI
- Country: Italy
- ISIN: IT0005637761
- Collateral type: Mortgage
- The CBR bond ID: 3076
- Green, social, sustainability description: Social