• UOB priced a EUR 1 billion dual-tranche covered bond offering, split into EUR 500 million 2-year fixed-rate bonds.
• Second leg comprises EUR 500 million 5-year fixed-rate covered bonds, marking its first EUR covered bond issuance of 2026.
• Pricing set at mid-swap plus 7 bps for the 2-year tranche, mid-swap plus 24 bps for the 5-year.
• Peak combined demand topped EUR 4.25 billion before books closed around EUR 3.9 billion, about 4x oversubscribed.
• UOB tightened pricing from initial guidance by 8 bps on the 2-year tranche, 6 bps on the 5-year.

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: 202608270353PR_NEWS_EURO_ND__EN34912) on August 27, 2026, and is solely responsible for the information contained therein.