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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
FNCL
PRCD
ZKB
Zuercher Kantonalbank (ZKB)€500
1EMEA
Oct 20, 2026
currency
EUR
size (m)
500.000
maturity
Apr 27, 2032
type
Fixed
tenor
5.500
call
-
registration
Reg S Only
benchmark
Swaps
ranking
Sr. Unsecured
moody's
-
s&p
AAA
fitch
-
size description
Will Not Grow
re-open/tap
No
ipt
-
ipt-pxd
-12
guidance
MS+60 area
spread
48
coupon
3.9341%
spread set
-
price
100.00000
yield
3.938%
book size (m)
925
peak book (m)
1,100
x-covered
1.85
book attrition
-15.91%
nic
8
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
925
peak book (m)
1,100
x-covered
1.85
book attrition
-15.91%
nic
8
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
Book size: 925; First Pay: 2027-04-27; Registration: Reg S Only; Comments: DBR 0% Feb-32 +71.1bps (Spot:84.46 / HR: 112%). LEI: 165GRDQ39W63PHVONY02;
Guarantor(s)
Canton of Zurich
Use of Proceeds
General Corporate Purposes
Relative Value

Covered
5.5yr (Apr 2032) @ MS+60a

Implied Spread for fresh 5.5yr @ MS+40
Priced at MS+48
NIC of +8


СOMPS

Ticker

Full Name / Issuer

Coupon

Maturity

Bid Spread

Offer Spread

ZKB

Zürcher Kantonalbank

3.08%

May-29

i+24 bps

i+19 bps

ZKB

Zürcher Kantonalbank

2.76%

Jul-30

i+30 bps

i+24 bps

ZKB

Zürcher Kantonalbank

2.95%

Jan-31

i+35 bps

i+29 bps