These are the details of the selected bond:
- Issuer: Bank of Nova Scotia
- Covered bond rating(s) at launch: Aaa (Moody's) AAA (Fitch) AAA (DBRS)
- Amount: GBP750m
- Maturity date: 15 December 2032
- Re-offer price: 99.856
- Coupon: 5.125%
- Swap spread: 62bp
- IPTs/initial guidance: 67bp
- Government spread: 37.3bp
- Pricing date: 8 September 2026
- Settlement date: 15 September 2026
- Bookrunners: BMO, BNS, Lloyds, NatWest, Nomura, Santander
- Country: Canada
- ISIN: XS3506172645
- Collateral type: Mortgage
- The CBR bond ID: 3496
- Green, social, sustainability description: unlabelled
- Misc: Simultaneous with GBP1.25bn March 2030 FRN (XS3506171670)
- Final book: above GBP1bn (inc. GBP50m JLMs)
