NWB Bank’s EUR denominated bonds gain global recognition with LCH collateral status
NWB Bank's Euro bonds have been incorporated into LCH, a leading global clearing house, as eligible collateral. This acceptance validates the strong credit quality and extensive market liquidity of NWB Bank's debt instruments.
Already broadly accepted as collateral by numerous major central banks and Eurex Clearing, LCH's inclusion signifies a key achievement in expanding their use throughout the international financial framework.
Frenk van der Vliet, CCO NWB Bank: 'We are pleased that LCH has recognised the robustness and liquidity of the debt securities we issue by accepting them as eligible collateral. This acknowledgement confirms the market's ongoing trust in NWB Bank's credit standing and the liquidity of our securities.”
