News, analysis, data

These are the details of the selected bond:

  • Issuer: CRH
  • Covered bond rating(s) at launch: Aaa (Moody's) AAA (Fitch)
  • Amount: EUR500m
  • Maturity date: 16 January 2036
  • Re-offer price: 99.691
  • Coupon: 3.375%
  • Swap spread: 54bp
  • Government spread: 59.8bp
  • Pricing date: 7 January 2026
  • Settlement date: 16 January 2026
  • Bookrunners: Commerzbank, Credit Agricole, LBBW, Natixis, Santander, SG, UBS
  • Country: France
  • ISIN: FR0014015FV7
  • Collateral type: Mortgage
  • The CBR bond ID: 3263
  • Green, social, sustainability description: unlabelled
  • Notes: Simultaneous with EUR1.25bn 2.75% January 2026 issue (FR0014015FU9). Final book above EUR5.2bn (inc. EUR450m JLMs).

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