These are the details of the selected bond:
- Issuer: Caisse Francaise de Financement Local
- Covered bond rating(s) at launch: Aaa (Moody's) AAA (DBRS)
- Amount: EUR1,000m
- Maturity date: 16 January 2036
- Re-offer price: 99.925
- Coupon: 3.375%
- Swap spread: 51bp
- Government spread: 55.9bp
- Pricing date: 9 January 2026
- Settlement date: 16 January 2026
- Bookrunners: BNP Paribas, Credit Agricole, JP Morgan, Natixis, NordLB
- Country: France
- ISIN: FR0014015HK6
- Collateral type: Public
- The CBR bond ID: 3269
- Green, social, sustainability description: unlabelled
- Notes: Final book above EUR10.1bn (inc. EUR575m JLMs).
