BNG issues 15 year sustainability bond
31 March 2025
After issuing successful new benchmarks in USD (5y and 3y) and EUR (10y) earlier in the year, last Wednesday BNG issued a new sustainability bond at the longer end of its EUR curve. This 15-year (EUR 500mn, no-grow) outing attracted significant investor demand and was met with great market reception.
The new EUR 15y constitutes a sustainability bond, meaning BNG utilizes the proceeds of the bond to finance the environmental and social activities of Dutch municipalities (as defined in our BNG Sustainable Finance Framework). Final orderbooks for the new deal closed in excess of EUR 3.5bn and highlight the diversified investor participation. We are once again very grateful to the SSA investor community around the world for their continued support.
BNG is a Dutch agency specializing in financing for clients active in the public domain in the Netherlands. Since 1914, BNG has provided competitive financing terms and conditions for all maturities, regardless of financial market conditions. Its clients include local authorities and entities in the social housing, healthcare, education, energy, and infrastructure sectors. After the State, BNG is the largest SSA issuer in the Netherlands. BNG’s funding enables the Dutch public domain to achieve its sustainable and social objectives.
BNG is a Dutch agency specializing in financing for clients active in the public domain in the Netherlands. Since 1914, BNG has provided competitive financing terms and conditions for all maturities, regardless of financial market conditions. Its clients include local authorities and entities in the social housing, healthcare, education, energy, and infrastructure sectors. After the State, BNG is the largest SSA issuer in the Netherlands. BNG’s funding enables the Dutch public domain to achieve its sustainable and social objectives.
Contact BNG Bank
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Koen Westdijk, Head