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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
FNCL
PRCD
CM
Canadian Imperial Bank of Commerce (CIBC)£850
1USOA
Sep 1, 2026
currency
GBP
size (m)
850.000
maturity
Sep 9, 2031
type
Floating
tenor
5.000
call
-
registration
Reg S Only
benchmark
SONIA
ranking
Covered Bond
moody's
Aaa
s&p
-
fitch
AAA
size description
-
re-open/tap
No
ipt
-
ipt-pxd
-5
guidance
SONIA+60 area
spread
55
coupon
SONIA+55
spread set
-
price
100.00000
yield
-
book size (m)
1,700
peak book (m)
1,750
x-covered
2
book attrition
-2.86%
nic
-
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
1,700
peak book (m)
1,750
x-covered
2
book attrition
-2.86%
nic
-
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
Book size: 1700; Registration: Reg S Only; Comments: LEI: 2IGI19DL77OX0HC3ZE78;
Guarantor(s)
CIBC Covered Bond (Legislative) Guarantor Ltd Partnership
Relative Value

COMPS

Issuer

Size (€mm)

Ratings (M/S/F)

Issue date

Maturity

Maturity(yrs)

DM+ (mid)

RY

1,000

Aaa/--/AAA

Mar-26

Mar-31

4.6

53

BNS

1,250

Aaa/--/AAA

Mar-26

Mar-31

4.6

53

TD

1,250

Aaa/--/AAA

Jan-26

Jan-31

4.4

54