UOB prices EUR 1 billion two-tranche covered bond offering

PUBT · 2d ago
UOB prices EUR 1 billion two-tranche covered bond offering
  • UOB priced a EUR 1 billion two-tranche covered bond offering.
  • EUR 500 million 2-year fixed-rate covered bonds priced at EUR mid-swaps +7 bps.
  • EUR 500 million 5-year fixed-rate covered bonds priced at EUR mid-swaps +24 bps.
  • Combined order books reached about EUR 3.9 billion, roughly 4x covered.
  • Pricing tightened from initial guidance by 8 bps on the 2-year tranche, 6 bps on the 5-year tranche.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. UOB - United Overseas Bank Ltd. published the original content used to generate this news brief via PR Newswire (Ref. ID: FR34912) on August 28, 2026, and is solely responsible for the information contained therein.