In the first issuance week of January, BNG took advantage of constructive USD-market conditions to successfully issue a new USD 2 billion 10-year benchmark. The transaction gained strong momentum from the outset, generating Indications of Interest (“IOIs”) in excess of USD 3.1bn. The orderbook continued to build steadily throughout the process, reaching a final book size of USD 7.9bn excluding Joint Lead Manager interest.
We are very proud of this outstanding result and deeply appreciate the continued confidence and commitment of our global investor base.
The issuance further strengthens BNG’s long-term funding position and supports the bank’s mission to provide efficient financing to the Dutch public sector.