Following strong transactions in EUR primary markets, BNG Bank issued on the 4th of June their first Sustainability bond of the year.
The EUR 1 bn (no grow) 7y benchmark received good demand by investors and is the 4th EUR benchmark of the bank in 2024. The proceeds of the bond will be utilised to finance the environmental and social activities of Dutch municipalities, as defined in BNG Bank's 'Sustainable Finance Framework'. We are very pleased with the result and are grateful to our investor community around the globe for their strong support for BNG Bank.
BNG is a Dutch agency specializing in providing financing for its 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. Its clients are local authorities and are also 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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