These are the details of the selected bond:
- Issuer: Novo Banco
- Covered bond rating(s) at launch: Aaa (Moody's)
- Amount: EUR750m
- Maturity date: 12 November 2030
- Re-offer price: 99.974
- Coupon: 3.625%
- Swap spread: 33bp
- IPTs/initial guidance: 37bp
- Government spread: 57.0bp
- Pricing date: 5 November 2026
- Settlement date: 12 November 2026
- Bookrunners: Barclays, BMO, DZ, IMI-Intesa Sanpaolo, LBBW, Natixis
- Country: Portugal
- ISIN: PTNOBQOM0006
- Collateral type: Mortgage
- The CBR bond ID: 3532
- Green, social, sustainability description: unlabelled
- Final book: above EUR1.65bn (inc. EUR225m JLMs)
