Unlimited MTN programme for Dutch municipalities

Programme documentation

View the programme documentation for the Unlimited Medium Term Note Programme for Dutch Municipalities. Please note that most documents are only available in Dutch.

 
Document
Information Memorandum
Final version on 4 March 2025
Compare with version 16 July 2020
English translation version 4 March 2025
Document
General programme provisions
Final version on 4 March 2025
Compare with version 16 July 2020
English translation version 4 March 2025
Document
Annex 1
Final version on 4 March 2025
Compare with version 16 July 2020
 
English translation version 4 March 2025
Document
Annex 2
Final version on 4 March 2025
Compare with version 16 July 2020
English translation version 4 March 2025
Document
Annex 3
Final version on 4 March 2025
Compare with version 16 July 2020
English translation version 4 March 2025
Document
Annex 4
Final version on 4 March 2025
Compare with version 16 July 2020
English translation version 4 March 2025
Document
Annex 5
Final version on 4 March 2025
Compare with version 16 July 2020
English translation version 4 March 2025
Document
Annex 6
Final version on 4 March 2025
Compare with version 16 July 2020
English translation version 4 March 2025
 Council decision on participation in the unlimited medium-term note programme for Dutch municipalities, including authorisation for decision-making (pdf)Board decision on dealer membership (pdf)Board decision on the issue of Notes under the Dutch Municipalities Unlimited Medium Term Note Programme (pdf)Step-by-step plan for the Unlimited Medium Term Note Programme (pdf)Mayor's authorisation regarding the Unlimited Medium Term Note Programme for Dutch Municipalities (pdf)

Costs for the issue and administration of a Global Note

Description
amount
in EUR
Invoicing date
Recurring costs
Euroclear fees per coupon date 
110,00 
Time of issue, for all coupons 
Euroclear custody fee per EUR 1 million nominal value, per month 
N/A 
One-off costs
Euroclear redemption fees 
110,00 
Time of issue 
Euroclear costs destroy Global Note 
31,00 
Time of issue 
BNG Bank costs for processing form flow and creating Global Note 
690,00 
Time of issue 
Transport costs Global Note 
190,00 
Time of issue 
 All amounts are exclusive of VAT. These costs will be charged for both new and existing Global Notes.

Costs for the municipality to become an Issuing Institution  

Upon request to become an Issuing Institution, a one-off fee of 750 euros (excluding VAT) will be charged for the necessary documentation processing.  

Costs incurred by the Issuing Institution for a new dealer to join

When a new dealer joins, the Issuing Institution will charge a one-off fee of 750 euros (excluding VAT) for the necessary documentation processing.

Costs for keeping the programme documentation up to date

Pursuant to Article 10.2 of the Algemene Programmabepalingen (general programme conditions), costs incurred for publishing revised versions or supplements to the Information Memorandum shall be charged to the Issuing Institutions. This concerns all internal and external costs incurred by the Arranger.  

BNG reserves the right to adjust the amounts stated at any time with immediate effect. Terms defined on this page have the meaning as defined in the Algemene programmabepalingen. No rights can be derived from this statement. The amounts stated are subject to typing errors, among other things. BNG cannot be held liable for any damage, material or immaterial, resulting from the content of this statement. 

BNG | Bank of added value - Unlimited MTN programme for Dutch municipalities