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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
FNCL
PRCD
CMARK
Arkea Public Sector SCF€500
1EMEA
Aug 20, 2026
currency
EUR
size (m)
500.000
maturity
Aug 27, 2034
type
Fixed
tenor
8.000
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
-
ipt-pxd
-6
guidance
MS+50 area
spread
44
coupon
3.665%
spread set
-
price
100.00000
yield
3.665%
book size (m)
1,700
peak book (m)
2,000
x-covered
3.4
book attrition
-15.00%
nic
0
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
1,700
peak book (m)
2,000
x-covered
3.4
book attrition
-15.00%
nic
0
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
Book size: 1700; Registration: Reg S Only; Comments: DBR 2.6 08/15/34 +49.8bps. DBR @ 96.06 (HR 100%);
Relative Value

Covered
8yr (Aug 2034) @ MS+50a

Implied Spread for fresh 8yr @ MS+44

Priced at MS+44
NIC of 0


COMPS

Issuer

Pricing Date

Cpn

Amt

Maturity

y to mty

mid i-sprd

CMARK

05.01.26

3,503

750

13.01.36

9,4

49,0

CFF

29.06.26

3,250

500

06.07.34

7,9

43,0