Global Covered Bond Wrap

Research evidence excerpt

Global Covered Bond Wrap

J P M O R G A N Europe Credit Research

07 July 2026

7th July 2026

Europe Corporate Credit - Covered

Bonds and UK Housing

Associations

Suraj Dey, CFA AC

(44-20) 7134-1722

suraj.dey@jpmorgan.com

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Primary activity – A sneak peek

Figure 1: Primary market snapshot

Jurisdiction Issuer Size Maturity Rating (S/M/F/D) Pricing Guidance(original) Yield (at launch) Coverage ratio NIP

Priced