Bank Nederlandse Gemeenten NV

21 Jun 2007

Rating: Aaa/AAA/AAA

Amount: $1.25bn Eurodollar

Maturity: 28 June 2010

Issue/re-offer price: 99.938

Coupon: 5.375%

Spread at re-offer: 32bp over the 4.5% May 2010 UST

Launch date: Tuesday 19 June

Payment date: 28 June

Joint books: Barclays Capital, Merrill Lynch, Royal Bank of Scotland

Borrower’s comment:

We were keen to issue a new benchmark before ...

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