Green Bond Fact Sheet
Summary
This fact sheet details a EUR 500 million green bond issued by De Volksbank on September 16, 2019, specifically to refinance residential mortgage loans for properties with an Energy Performance Certificate (EPC) Label A in the Netherlands.
Key insights
- De Volksbank issued a EUR 500 million green bond on September 16, 2019, with a 5-year tenor and a maturity date of September 16, 2024. The bond carries a coupon of 0.01% and is rated A3 by Moody's and A- by Fitch.
- The proceeds of the bond are dedicated to refinancing residential mortgage loans for properties in the Netherlands that hold an Energy Performance Certificate (EPC) Label A.
- The bond is certified under the Climate Bonds Standard v2.1, specifically meeting sector-specific criteria for residential low carbon buildings. It received a second party opinion and pre-issuance verification from ISS ESG.
- De Volksbank, the 4th largest bank in the Netherlands focusing on retail banking, has committed to reaching a carbon neutral balance sheet by the year 2030.
- The issuer will provide an annual public report on its website regarding the allocation of proceeds, which will be audited by EY and include portfolio-level data on estimated avoided emissions and energy consumption.
Cite the original document
- APA
- Climate Bonds Initiative (2019). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2019-09%20NE%20de%20Volksbank.pdf
- Chicago
- Climate Bonds Initiative. Green Bond Fact Sheet. 2019. https://www.climatebonds.net/files/drupal-files/files/2019-09%20NE%20de%20Volksbank.pdf.
- Wikipedia
- {{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=16 September 2019 |url=https://www.climatebonds.net/files/drupal-files/files/2019-09%20NE%20de%20Volksbank.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{climatebondsinitiative2019green, author = {{Climate Bonds Initiative}}, title = {{Green Bond Fact Sheet}}, institution = {Climate Bonds Initiative}, year = {2019}, month = sep, url = {https://www.climatebonds.net/files/drupal-files/files/2019-09%20NE%20de%20Volksbank.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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