Aegon Bank has set up an additional Covered Bond Program
May 10 2021 - 2:00AM
Business Wire
Aegon Bank has set up an
additional Covered Bond Program, using a Soft Bullet structure. Any
new covered bonds issuances are expected to take place under this
program.
The new Covered Bond Program
will allow further diversification of the debt investor base and
enhance flexibility with respect to bond maturities.
About Aegon Bank
Aegon Bank N.V. is part of Aegon the
Netherlands and currently operates under two brands: Aegon Bank, an
online retail savings bank, and Knab, an online bank for retail and
self-employed customers. Aegon Bank N.V. develops savings and
investment products, and supports Aegon’s purpose of helping people
achieve a lifetime of financial security. Aegon Bank N.V. also
offers a platform for funding mortgages for Aegon the Netherlands.
Aegon is a leading lender in the Dutch residential mortgage market.
Aegon Bank N.V. has a credit rating of A by S&P Global.
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version on businesswire.com: https://www.businesswire.com/news/home/20210509005065/en/
Media relations Dick Schiethart +31(0) 70 344 8821
dick.schiethart@aegon.com Investor relations Jan Willem Weidema
+31(0) 70 344 8028 janwillem.weidema@aegon.com
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