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NN Bank prepares to set-up an additional Covered Bond Programme

NN Bank is preparing the set-up of an additional Covered Bond Programme. NN Bank intends to establish this programme, a so called Soft Bullet structure, in 2020, under which new Covered Bond issuances are expected to take place.

The new Covered Bond Programme will allow further diversification of the debt investor base and enhance flexibility with respect to bond tenors.


About Nationale-Nederlanden Bank

Nationale-Nederlanden Bank N.V. (NN Bank) offers approximately one million mainly Dutch customers financial services in the field of savings, bank savings, investing, mortgages and lending. NN Bank is a subsidiary of NN Group N.V., an international financial services company, active in 20 countries, with a strong presence in a number of European countries and Japan. NN Group N.V. is listed on Euronext Amsterdam (NN).