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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
FNCL
PRCD
RFLBOB
Raiffeisenlandesbank Oberoesterreich AG€500
1EMEA
Jun 16, 2026
currency
EUR
size (m)
500.000
maturity
Oct 23, 2031
type
Fixed
tenor
5.250
call
-
registration
Reg S Only
benchmark
Swaps
ranking
Covered Bond
moody's
Aaa
s&p
-
fitch
-
size description
Will Not Grow
re-open/tap
No
ipt
MS+30 area
ipt-pxd
-6
guidance
n/a - straight to launch
spread
24
coupon
3.00%
spread set
-
price
99.87400
yield
3.028%
book size (m)
1,100
peak book (m)
1,250
x-covered
2.2
book attrition
-12.00%
nic
0
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
1,100
peak book (m)
1,250
x-covered
2.2
book attrition
-12.00%
nic
0
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
Book size: 1100; Registration: Reg S Only; Comments: Deal Stats: By Geography DACH: 51%, Nordics: 38%, Other Europe: 6%, UK: 5%. By Investor Type: Banks: 44%, AM: 43%, CB/OI: 13%. +39 bps vs. DBR 0 08/31 @ 87.43. LEI: I6SS27Q1Q3385V753S50;
Deal Comments
Exp. Size: EUR500m
Relative Value

Covered

Long 5yr (Oct 2031) @ MS+30 area

Implied Spread for fresh Long 5yr @ MS+24

Priced at MS+24
NIC of 0


COMPS

Ticker

Coupon

Maturity

Rating (M/S/F)

Size

Issued

I-Spread

ERSTBK

3.13%

04/09/1931

Aaa/-/-

1000mn

Apr-26

19

BACA

2.63%

02/18/31

Aaa/-/-

750mn

Feb-26

19