These are the details of the selected bond:
- Issuer: ASB Finance Limited
- Covered bond rating(s) at launch: Aaa (Moody's) AAA (Fitch)
- Amount: EUR500m
- Maturity date: 26 August 2031
- Re-offer price: 100.000
- Coupon: 2.7592%
- Swap spread: 31bp
- Government spread: 43.1bp
- Pricing date: 17 February 2026
- Settlement date: 26 February 2026
- Bookrunners: CBA, Deutsche, HSBC, Natixis, UBS
- Country: New Zealand
- ISIN: XS3302885408
- Collateral type: Mortgage
- The CBR bond ID: 3318
- Green, social, sustainability description: unlabelled
- Notes: Final book above EUR1.65bn (inc. EUR225m JLMs).
