These are the details of the selected bond:
- Issuer: Santander UK
- Covered bond rating(s) at launch: Aaa (Moody's) AAA (S&P) AAA (Fitch)
- Amount: GBP750m
- Maturity date: 12 May 2031
- Re-offer price: 100.000
- Coupon: Sonia plus 48bp
- Re-offer margin: 48bp
- Pricing date: 11 May 2026
- Settlement date: 18 May 2026
- Bookrunners: BMO, Nomura, RBC, Santander, Standard Chartered
- Country: UK
- ISIN: XS3377509586
- Collateral type: Mortgage
- The CBR bond ID: 3389
- Green, social, sustainability description: unlabelled