Under the Trust agreement the Bank periodically pledges mortgage receivables to Stichting Trustee Achmea Hypotheekbank as collateral for some of the bank liabilities such as private loans and secured medium term notes (the “Secured EMTN Programme”). In the event of default by the Bank, investors can recover their investments from the pledged mortgage receivables. The Secured EMTN Programme is used to fund a limited portion of the mortgage portfolio.
|Programme size||EUR 10,000,000,000|
|Arranger||ABN AMRO N.V.|