Achmea Bank set up a EUR 5,000,000,000 Soft Bullet Covered Bond ("SBCB") Programme in June 2021 in addition to its conditional pass-through covered bond programme which was established in 2017.
The bonds issued under the SBCB Programme are backed by Dutch prime residential mortgage loans. For investors there is a so-called 'double recourse' which means that in the event of a default of the Bank an investor has recourse on the bank and on the underlying mortgage portfolio.
The bonds issued under the SBCB Programme are backed by Dutch prime residential mortgage loans. For investors there is a so-called 'double recourse' which means that in the event of a default of the Bank an investor has recourse on the bank and on the underlying mortgage portfolio.
Bonds Issued
| ISIN | XS2392593161 |
| Size | EUR 500,000,000 |
| Documentation | |
| Issuance date | 29 September 2021 |
| Maturity date | 29 september 2036 |
| Ratings at issuance | AAA (S&P) |
| ISIN | XS2484321950 |
| Size | EUR 500,000,000 |
| Documentation | Achmea Bank SBCB Issue 2022 1 Final Terms |
| Issuance date | 24 mei 2022 |
| Maturity date | 24 mei 2029 |
| Ratings at issuance | AAA (S&P) |
National Transparency Template (NTT)
2022 |
2021 |
| August 2022 | December 2021 |
| July 2022 | November 2021 |
| June 2022 | October 2021 |
| May 2022 | September 2021 |
| April 2022 | |
| March 2022 | |
| February 2022 | |
| January 2022 |
Harmonised Transparency Template
2022 |
2021 |
| August 2022 | December 2021 |
| November 2021 | |
| June 2022 | October 2021 |
| May 2022 | September 2021 |
| April 2022 | June 2021 |
| March 2022 | |
| February 2022 | |
| January 2022 |
Documentation
June, 2021
September, 2021
| SBCB Supplemental Prospectus September 2021 |
| Investor Presentation |
| Mei, 2022 |
| Achmea Bank SBCB Supplemental Prospectus mei 2022 |
| Investor Presentation |