Debt securities and credit ratings

To fund its activities, NN Group has issued senior and subordinated debt. In addition, NN Bank has a Covered Bond programme and an RMBS programme for its secured funding activities, as well as a Debt Issuance Programme for its unsecured funding.



NN Group N.V. has issued several subordinated and senior bonds and has a Debt Issuance Programme in place. Delta Lloyd Levensverzekering N.V. has issued subordinated debt.

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Credit ratings are indicators of the probability of timely and full repayment of interest and the principal amount of fixed-income securities. NN Group has been awarded credit ratings from Standard & Poor’s and Fitch Ratings.

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NN Bank debt securities

NN Bank has a Covered Bond programme and an RMBS programme for its secured funding activities, as well as a Debt Issuance Programme for its unsecured funding.

> NN Bank secured funding

> NN Bank unsecured funding


NN Bank has been awarded a credit rating from Standard & Poor’s.

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