These are the details of the selected bond:
- Issuer: Kookmin Bank
- Covered bond rating(s) at launch: AAA (S&P) AAA (Fitch)
- Amount: EUR650m
- Maturity date: 21 September 2030
- Re-offer price: 99.529
- Coupon: 3.625%
- Swap spread: 24bp
- IPTs/initial guidance: 28bp
- Government spread: 44.9bp
- Pricing date: 14 September 2026
- Settlement date: 21 September 2026
- Bookrunners: BNP Paribas, Commerzbank, Credit Agricole, ING, KB Securities, SG
- Country: South Korea
- ISIN: XS3512877997
- Collateral type: Mortgage
- The CBR bond ID: 3500
- Green, social, sustainability description: Sustainable
- Final book: above EUR970m (inc. EUR125m JLMs)
