These are the details of the selected bond:
- Issuer: Royal Bank of Canada
- Covered bond rating(s) at launch: Aaa (Moody's) AAA (Fitch) AAA (DBRS)
- Amount: EUR2,250m
- Maturity date: 15 September 2031
- Re-offer price: 99.490
- Coupon: 3.375%
- Swap spread: 22bp
- IPTs/initial guidance: 28bp
- Government spread: 39.6bp
- Pricing date: 8 September 2026
- Settlement date: 15 September 2026
- Bookrunners: BBVA, Commerzbank, DZ, ING, LBBW, Natixis, Nordea, RBC, Santander, SG, UniCredit
- Country: Canada
- ISIN: XS3506171837
- Collateral type: Mortgage
- The CBR bond ID: 3497
- Green, social, sustainability description: unlabelled
- Misc: Simultaneous with EUR750m 3.75% September 2036 issue (XS3506171910)
- Final book: above EUR2.5bn (inc. EUR125m JLMs)
