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DEAL: BANK NEDERLANDSE GEMEENTEN ADDS TAP FOR EUR 15.5YR SSA AAA FIXED RATE GLOBAL PRIVATE MTN (TA-051589572)

Post Date: 29 September 2022

Netherlands based Development Bank Bank Nederlandse Gemeenten NV has finalised a private placement in the EUR Fixed Rate Global Medium Term Note market. The financing matures in 2038 and was executed by a single dealer. 

A Global Distribution bond is a bond issued in a form that allows it to be traded in both the relevant local (onshore) and the offshore international, also called eurobond, market. To allow for this Global Market bonds typically have two ISINs, one for clearing in the local onshore market and one for clearing in the offshore international eurobond market. It can be denominated in any freely tradeable currency.

Gold users are able to click on the ISIN to check the full term sheet for this deal. TA-051589572

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Issuer Details
Issuer Bank Nederlandse Gemeenten NV
LEI 529900GGYMNGRQTDOO93
Industry Government - Development Bank
Country Netherlands
Issuer Description Owned by Dutch Municipalities (50%) and Dutch State 50%. BNG Bank N.V. provides banking services. The Company offers financial services including loans, lending, funds transfers, advisory and consulting services, electronic banking, and investment funds. BNG Bank serves customers in the Netherlands.
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Trade Details
Security Type MTN
Amount EUR [Login to see full details]
Total Amount including taps EUR [Login to see full details]
Structure Fixed Rate
Coupon [Login to see full details]
Price [Login to see full details]
Term [Login to see full details]
Trade Date [Login to see full details]
Settlement Date [Login to see full details]
Maturity Date [Login to see full details]

This is a tap of an earlier placement. Login for more details.
Login to see if this deal qualifies as a Green Bond or Social Bond or other type of ESG Bond.

A Global Distribution bond is a bond issued in a form that allows it to be traded in both the relevant local (onshore) and the offshore international, also called eurobond, market. To allow for this Global Market bonds typically have two ISINs, one for clearing in the local onshore market and one for clearing in the offshore international eurobond market. It can be denominated in any freely tradeable currency.

Check here for all issuer’s year to date financings.


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