NWB BANK
SECTOR | Agency |
RATINGS | AAA/Aaa |
RATING OUTLOOK | Both stable |
FUNDING VOLUME 2019/20 | €9.9BN/€10-12BN |
RISK WEIGHT, LCR LEVEL, SOLVENCY II | 20%, Level 1, 0-20% |
REPO ELIGIBILITY |
ECB, BoE, US Fed, ECB QE |
SUSTAINABILITY OBJECTIVE OF GSS BOND PROGRAMME
Waterbonds: climate adaptation and mitigation and biodiversity by the water authorities. SDG Housing Bonds: social aspects of social housing as well as environmental aspects of new and existing dwellings.
GSS BOND PROGRAMME | Waterbonds, SDG Housing Bonds |
REFERENCE TAXONOMY FOR THE USE OF PROCEEDS | Issuer’s own guidelines |
FRAMEWORK WITH WHICH THE GSS BOND PROGRAMME IS ALIGNED | Green Bond Principles, Social Bond Principles |
EXTERNAL REVIEW PROVIDER |
Waterbonds: CICERO Shades of Green (dark green) |
PUBLIC ISSUER ESG RATINGS/SCORES
INSTITUTION | RATING/SCORE (all unsolicited) |
ISS-ESG MSCI Sustainalytics Vigeo Eiris |
B- BBB 11.8 57 |
About NWB BANK
NWB Bank was established in 1954. Its core business is providing long-term finance to the public sector in the Netherlands. This includes lending to municipalities, water authorities, and the social-housing and healthcare sectors.
Sustainable funding strategy
NWB Bank has committed to have at least 25% of its annual long-term funding need of €10-12 billion equivalent raised by issuing green and sustainability bonds. Green bonds, called Waterbonds, have been issued since 2014. Sustainability bonds, called SDG Housing Bonds, have been issued since 2017. In total the bank has issued more than €13 billion in these socially responsible investment bonds.
FOR FURTHER INFORMATION PLEASE CONTACT:
Treasury
+31 70 416 6266
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www.nwbbank.com
SSA Yearbook 2021
The annual guide to the world's most significant supranational, sovereign and agency sector issuers.