NWB Bank successfully issues €1bn 7-year Water Bond
17 June 2026On May 28th NWB Bank has successfully issued a 7 year EUR 1billion Water Bond. The proceeds of this green bond are used for clients at the heart of the bank: the Dutch water authorities. By providing appropriate financing at the lowest possible cost, we help the water authorities in their tasks of flood protection, water management and water quality.
Key details
|
Borrower |
NEDERLANDSE WATERSCHAPSBANK N.V. (“NWB Bank”) |
|
Ratings |
Aaa Stable (Moody’s) / AAA Stable (S&P) |
|
Coupon |
3.0%, Fixed, Annual, ACT/ACT |
|
Size |
EUR 1.0 billion |
|
Pricing Date |
28 May 2026 |
|
Payment Date |
4 June 2026 |
|
Maturity Date |
3 June 2033 |
|
Reoffer Spread |
MS+19bps |
|
Reoffer Price / Yield |
99.485% / 3.083% |
|
Joint Lead Managers |
BofA Securities Europe SA, Credit Agricole CIB, NatWest Markets N.V. and Skandinaviska Enskilda Banken AB |
Lidwin van Velden, CEO:
“The success of this Green Bond issuance, particularly in today's volatile market environment, demonstrates investors’ continued confidence in NWB Bank and in the societal impact of our Water Bonds. We are very proud of this achievement.
Our Green Bond Framework is much more than a funding instrument. It has long been an integral part of our strategy and our mission as the sustainable Waterbank. What makes me most proud is what this transaction enables: financing the Dutch regional water authorities. These institutions play a vital role in climate adaptation, flood protection and water quality and quantity management. Through this Green Bond, we connect international capital directly to investments that contribute to a more sustainable and climate-resilient the Netherlands”.