These are the details of the selected bond:
- Issuer: ING Belgium
- Covered bond rating(s) at launch: Aaa (Moody's) AAA (Fitch)
- Amount: EUR1,250m
- Maturity date: 25 August 2032
- Re-offer price: 99.236
- Coupon: 2.750%
- Swap spread: 37bp
- Government spread: 40.5bp
- Pricing date: 18 August 2025
- Settlement date: 25 August 2025
- Bookrunners: BBVA, Danske, DZ, ING, RBI, SG, UniCredit
- Country: Belgium
- ISIN: BE0390245141
- Collateral type: Mortgage
- The CBR bond ID: 3183
- Green, social, sustainability description: unlabelled
- Notes: Final book above EUR3.5bn (inc. EUR185m JLMs) with 119 accounts. Banks/private banks 50%, asset managers/fund managers 39%, central banks/official institutions 6%, pension funds/insurance companies 4%, other 1%. Germany/Austria/Switzerland 50%, Benelux 16%, Nordics 14%, France 8%, UK/Ireland 7%, southern Europe 4%, other 1%.
