Overwhelming interest in annual EUR 1 billion Water Bond Benchmark with a 7 year maturity

On Wednesday 17th September 2025, we successfully issued our 7-year EUR 1 billion Water Bond  to support our lending to the Dutch water authorities. This new Water Bond benchmark received a Dark Green assessment from S&P and  reinforces our role as a reliable and sustainable financial partner to the Dutch Water Authorities and leading issuer of Green bonds. The issuance has seen the largest oversubscription for a Water Bond of more than 5 times, allowing us to reduce the spread with 3 basispoints to a final spread of 31 basispoints above mid-swaps. In our funding plan for 2025 we expect to raise €11 to 13 billion long-term funds in the international capital markets, of which more than 75% is completed.

'With our Water Bond, we once again highlight the unique character of NWB Bank as the bank of and for the Dutch public water sector. The strong interest from investors demonstrates recognition of the importance of water safety and sustainability. This successful transaction not only confirms our solid credit profile, but also underscores the societal relevance of our mission: investing in water is investing in the future.” according to Aileen Booijink, Treasury Officer responsible for Long Term funding and Investor Relations.