NIBC Bank has finalized the set-up of its soft bullet covered bond programme

News Release -

NIBC Bank has set up an additional covered bond programme and finalized the registration with the Dutch central bank, using a conventional soft bullet structure. This soft bullet covered bond programme is backed by prime Dutch residential mortgage loans. The programme will allow NIBC Bank to further diversify its debt investor base and provides NIBC Bank with greater flexibility with regards to bond tenors.

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