Book size: 1900; Registration: Reg S Only; Comments: EUR1.25bn Social 10yr cpn fxd 3.25% at 99.17, yld 3.349%. Spread: MS+31bps. +36.2 bps vs DBR 2.9 02/15/36 (2.987%/99.250%), HR 99%. LEI: 529900GGYMNGRQTDOO93;
Use of Proceeds
The proceeds of the bond will be utilised for lending to Dutch Social Housing Associations to finance their social expenditures as defined in BNG Bank's ‘Sustainable Finance Framework’