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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
FNCL
PRCD
SWEDA
Swedbank Mortgage AB€1,000
1EMEA
May 29, 2026
currency
EUR
size (m)
1,000.000
maturity
Jun 8, 2033
type
Fixed
tenor
7.000
call
-
registration
Reg S Only
benchmark
Swaps
ranking
Covered Bond
moody's
Aaa
s&p
AAA
fitch
-
re-open/tap
No
ipt
-
ipt-pxd
-7
guidance
MS+32 area
spread
25
coupon
3.00%
spread set
-
price
99.27400
yield
3.117%
book size (m)
2,600
peak book (m)
2,700
x-covered
2.6
book attrition
-3.70%
nic
-
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
2,600
peak book (m)
2,700
x-covered
2.6
book attrition
-3.70%
nic
-
billing & delivering
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
Book size: 2600; First Pay: 2027-06-08; Registration: Reg S Only; Comments: DBR 2.3% 02/2033 (@ 97.12%) +34.2bps, HR 104%. LEI: 549300TJREQ7GHIXWR36;
Relative Value

COMPS

Ticker

Coupon

Maturity

Years to Mat

Rating (M / S / F)

Issued

Size (€m)

I-Sprd (mid)

ESG

DNBNO

2.75%

Jan-32

5.6

Aaa/AAA/-

Jan-26

1,500

19

Conventional

SPABOL

3.00%

Mar-32

5.8

Aaa/-/-

Mar-26

1,000

23

Conventional

SRBANK

2.75%

Feb-33

6.8

Aaa/-/-

Feb-26

1,000

23

Green

DANBNK

2.88%

Feb-34

7.7

-/AAA/-

Feb-26

750

25

Conventional