Argenta Spaarbank EUR benchmark 6Y EUGB covered MS+35A

Argenta Spaarbank NV has issued a EUR-denominated covered bond with a coupon rate of 3.125%, maturing on February 6, 2034, and a placement amount of EUR 750 million. The bond is categorized as a green bond and is secured by a cover pool of mortgage assets, aligning with Covered Bond Label Convention and the European Covered Bond Directive. The bond's maturity profile is structured as a hard bullet, meaning it is repaid in full on maturity without provisions for extension.

The bond is listed on Cbonds with the ISIN BE6349638187 and is currently outstanding with no early redemption options active. The issuer, Argenta Spaarbank NV, operates in Belgium and provides financial services to individuals, small businesses, and self-employed professionals.

The bond's structure and compliance with regulatory standards, including the Capital Requirements Regulation (CRR) and the Liquidity Coverage Ratio (LCR), support its eligibility as a Level 1 or Level 2 asset under the LCR delegated act. Investors should note that the final determination of its eligibility for liquidity purposes remains subject to the relevant supervisory authority.