BNG Bank attracts largest ever orderbook with 1st USD-benchmark of 2024

22 January 2024

Supported by a positive market backdrop and following the strong performance of recent USD transactions, BNG Bank issued their first USD benchmark of 2024. BNG Bank printed USD 2.5 bn 5y transaction with maturity January 2029 last week.

The transaction received extremely strong investor interest from the start, which resulted in the largest orderbook on record across all currencies for BNG Bank (USD 9.3 bn investor demand). We are very pleased with the result and would like to thank the investor community for their strong support for BNG Bank.

BNG is a Dutch agency specializing in providing financing for clients that are active in the public domain in the Netherlands. BNG has provided financing to the public sector since 1914, at competitive terms and conditions and for all maturities, irrespective of the situation on the financial markets. BNG serves local governments as well as organizations in the social housing, healthcare, education, energy, and infrastructure sectors. After the State, BNG is the largest SSA issuer in the Netherlands.

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