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CBA Sized at EUR1bn, Book Shrank to Just Over 3x Covered

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CBA (CBAAU: A2/A-/A-) final size, up at EUR1bn, book shrunk back to just over 3x covered.


FINAL TERMS: CBA EU1b 10NC5 Green T2 MS+135


  • Final spread was at EUR750m-EUR1bn Max. 10NC5 Green T2 MS+135 vs. IPT MS+170-175.
  • Books now above EUR3.25bn, were above EUR4bn at final spread.
  • We had FV at MS+140a.

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