These are the details of the selected bond:
- Issuer: Equitable Bank
- Covered bond rating(s) at launch: Aa1 (Moody's) AA+ (Fitch)
- Amount: EUR500m
- Maturity date: 7 December 2029
- Re-offer price: 99.875
- Coupon: 3.75%
- Swap spread: 34bp
- IPTs/initial guidance: 38bp
- Government spread: 63.9bp
- Pricing date: 7 October 2026
- Settlement date: 15 October 2026
- Bookrunners: Barclays, Commerzbank, DZ, Erste, LBBW, Scotiabank, TD
- Country: Canada
- ISIN: XS3529534748
- Collateral type: Mortgage
- The CBR bond ID: 3521
- Green, social, sustainability description: unlabelled
- Final book: above EUR1.2bn (inc. EUR125m JLMs)
