Aegon Bank N.V.Debt programs

Aegon Bank N.V. issues debt through its Conditional Pass-Through Covered Bond Program, and by issuing senior non-preferred notes. See more information on the transactions by Aegon Bank below.

In October 2015, Aegon Bank established a EUR 5 billion Conditional Pass-Through Covered Bond Program, secured by prime Dutch residential mortgage loans.

This program is UCITS eligible and registered with the Dutch Central Bank. Issuances under this program are CRD compliant.

Key characteristics

Issuer Aegon Bank N.V.
Programme Limit EUR 5 billion
Collateral Prime Dutch residential mortgage loans
Minimum covenanted over-collateralization 10%

Downloads

View information about our Covered Bond program 

Aegon Bank senior non-preferred notes

The issuance of senior non-preferred notes supports the growth ambitions of Aegon Bank and results in a balanced mix of secured and unsecured funding instruments. The senior non-preferred notes will comply with the requirements of the National Resolution Authority (NRA) and will contribute in meeting the (as of yet non-binding) indicative MREL target.

Senior Non-Preferred notes
0.625%, due 06/2024
Amount EUR 500,000,000
Issue date June 21, 2019
Maturity date June 21, 2024
Coupon 0.625%, paid annually
ISIN XS2008921947