NN Bank signals covered bond intentions

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Covered Bonds

NN Bank signals covered bond intentions

Bill Thornhill
June 01, 2017 02:15 PM
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Amsterdam, the Netherlands-April 27: Amsterdam cityscape with apartment houses and bikes parked on the bridge on April 27,2015. Amsterdam is the most populous city of the Kingdom of the Netherlands. | lornet - Fotolia

Nationale-Nederlanden Bank (NN Bank) has registered its covered bond company, suggesting it plans to follow Rabobank with a debut deal. The move could lead to less Dutch RMBS supply, where it had been a regular issuer alongside Delta Lloyd, with which it is merging.

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Topics

The NetherlandsEuropeEMEAFIGCovered Bonds
BT
Bill Thornhill
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