These are the details of the selected bond:
- Issuer: CIBC
- Covered bond rating(s) at launch: Aaa (Moody's) AAA (Fitch)
- Amount: EUR1,250m
- Maturity date: 15 April 2031
- Re-offer price: 99.873
- Coupon: 2.750%
- Swap spread: 36bp
- Government spread: 47.9bp
- Pricing date: 6 October 2025
- Settlement date: 14 October 2025
- Bookrunners: CIBC, Credit Agricole, DZ, Erste, Natixis, SG
- Country: Canada
- ISIN: XS3201262311
- Collateral type: Mortgage
- The CBR bond ID: 3228
- Green, social, sustainability description: unlabelled
- Notes: Final book above EUR2.1bn (inc. EUR175m JLMs) with 71 accounts. Banks/private banks 39%, central banks/official institutions 32%, asset managers/fund managers 24%, insurance companies/pension funds 5%. Germany/Austria/Switzerland 33%, Nordics 19%, Benelux 17%, UK/Ireland 17%, France 5%, southern Europe 5%, other 4%.
