These are the details of the selected bond:
- Issuer: Bank of Montreal
- Covered bond rating(s) at launch: Aaa (Moody's) AAA (Fitch) AAA (DBRS)
- Amount: GBP1,000m
- Maturity date: 4 November 2030
- Re-offer price: 99.752
- Coupon: 4.50%
- Swap spread: 55bp
- IPTs/initial guidance: 60bp
- Government spread: 37bp
- Pricing date: 24 June 2026
- Settlement date: 2 July 2026
- Bookrunners: Barclays, BMO, Lloyds, Natixis, Nomura, TD
- Country: Canada
- ISIN: XS3429213377
- Collateral type: Mortgage
- The CBR bond ID: 3429
- Green, social, sustainability description: unlabelled
