On 2 June 2026, Triodos Bank N.V. set up its Soft Bullet Covered Bond Programme. This marks an important milestone for Triodos Bank: this new programme represents a valuable addition to the bank’s funding possibilities.
Under this Soft Bullet Covered Bond Programme, Triodos Bank may issue covered bonds from time to time, backed by Dutch residential mortgage receivables. The programme qualifies as European Covered Bond (Premium). Each series of covered bonds issued under the programme is expected to be assigned a rating of 'AAA' by Fitch. We assisted Triodos bank from the start with the design of its tailor-made programme together with Rabobank.
“Triodos Bank Covered Bond Programme will further support the bank with its strong and distinctive sustainable mission. We look forward to assisting Triodos with the issuance of its inaugural covered bond.”
The team further consisted of Reinier Dommerholt, Julie Wassenberg, Carlijn Storm, Nico Blom, Riemer Meinderts and Sven Uiterwijk.