These are the details of the selected bond:
- Issuer: Banca Monte dei Paschi di Siena SpA
- Covered bond rating(s) at launch: Aa2 (Moody's) AA+ (Fitch) AA (high) (DBRS)
- Amount: EUR750m
- Maturity date: 22 January 2030
- Re-offer price: 99.577
- Coupon: 2.625%
- Swap spread: 30bp
- Government spread: 44.6bp
- Pricing date: 15 January 2026
- Settlement date: 22 January 2026
- Bookrunners: Commerzbank, Credit Agricole, Mediobanca, MPS, Santander, UBS, UniCredit
- Country: Italy
- ISIN: IT0005690893
- Collateral type: Mortgage
- The CBR bond ID: 3282
- Green, social, sustainability description: unlabelled
- Notes: Final book above EUR1.65bn (inc. EUR55m JLMs).
