BNG achieves EUR 2.0bn 5-year benchmark amid strong investor demand

Positive headlines, a stable backdrop and strong investor demand allowed the transaction to achieve an issue size of EUR 2.0bn, matching the largest EUR benchmarks BNG has previously done. Books grew at a rapid pace with orders in excess of EUR 4.5bn (including EUR 190mn from the Joint Lead Managers) from 119 investors. 

The transaction attracted robust international support, with a diversified order book equally distributed across several regions. Notably, 60% of the allocated book was distributed to international central banks and official institutions. BNG is deeply grateful for the unwavering support of its global investors.

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.