No results found for "".

Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
FNCL
PRCD
BNS
Bank of Nova Scotia€1,250
1USOA
Jun 10, 2026
currency
EUR
size (m)
1,250.000
maturity
Jun 17, 2030
type
Fixed
tenor
4.000
call
-
registration
Reg S Only
benchmark
Swaps
ranking
Covered Bond
moody's
Aaa
s&p
-
fitch
AAA
size description
-
re-open/tap
No
ipt
-
ipt-pxd
-6
guidance
MS+25 area
spread
19
coupon
3.084%
spread set
-
price
100.00000
yield
3.084%
book size (m)
1,800
peak book (m)
2,000
x-covered
1.44
book attrition
-10.00%
nic
-
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
1,800
peak book (m)
2,000
x-covered
1.44
book attrition
-10.00%
nic
-
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
Book size: 1800; Registration: Reg S Only; Comments: OBL 2.4 April 2030 #191 + 33.9bps @ spot 98.75 HR 104%. LEI: L3I9ZG2KFGXZ61BMYR72;
Deal Comments
UPDATE: Spread Set at MS+19
Collateral
Canadian legislative covered bond, backed by Canadian residential mortgages
Guarantor(s)
Scotiabank Covered Bond Guarantor Ltd Partnership
Relative Value

COMPS

Ticker

Announced

Ratings (M/S&P/F)

Amount

Coupon

Maturity

Years

Mid I-Spread

BNS

Jan-22

Aaa/-/AAA

1250

0.375

Mar-30

3.8

17

BMO

May-26

Aaa/-/AAA

1000

2.75

Jun-29

3

12

TD

Mar-23

Aaa/-/AAA

1500

3.715

Mar-30

3.8

17

Other recent 4y supply:

DANBNK

Feb-26

-/AAA/-

750

2.5

Feb-30

3.7

14

NDAFH

Jun-26

Aaa/-/-

1000

2.875

Jun-30

4

13