BNG has successfully issued a new EUR 1.25bn 10-year Social benchmark, marking its first EUR benchmark transaction of 2026 and establishing a new reference point on the 10-year segment of its curve.
The transaction was launched against a volatile market backdrop, yet benefited from a more constructive tone supported by improving sentiment on the back of end‑of‑conflict prospects. Investor demand built steadily throughout the process, resulting in a final order book in excess of EUR 1.9bn and enabling BNG to issue EUR 1.25bn.
The deal attracted strong participation from high‑quality accounts across regions and investor types, underlining continued confidence in BNG’s credit quality and social funding strategy. BNG is very pleased with the outcome and deeply appreciates the continued support of its global investor base.
The bond qualifies as a Social Bond, with proceeds used to finance eligible social activities of Dutch social housing associations, in line with BNG’s Sustainable Finance Framework. The issuance further strengthens BNG’s long‑term funding position and supports its mission to provide efficient and sustainable financing to the Dutch public sector.
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.