These are the details of the selected bond:
- Issuer: Lloyds Bank
- Covered bond rating(s) at launch: Aaa (Moody's) AAA (Fitch)
- Amount: USD1,500m
- Maturity date: 25 August 2029
- Re-offer price: 100.000
- Coupon: 4.478%
- Swap spread: 40bp
- IPTs/initial guidance: 42bp
- Government spread: 22.1bp
- Pricing date: 18 August 2026
- Settlement date: 25 August 2026
- Bookrunners: Lloyds, BMO, RBC, TD, UBS
- Country: UK
- ISIN: XS3479603733
- Collateral type: Mortgage
- The CBR bond ID: 3447
- Green, social, sustainability description: unlabelled