Investor Presentaiton
CAJA RURAL
DE NAVARRA
Outstanding Covered Bonds
Overview
Outstanding covered bonds
Fixed rate covered bonds (%)
€ 2,150m
100%
5/7 COVERED BOND PROGRAMME
ISIN
AMOUNT
FINANCING
MATURITY
RATING
Maturity profile
ES0415306051 €500M
Public issue
Dec 2023
Aal
€500m
ES0415306069 €600M
Public issue
May 2025
Aal
€600m
ES0415306085 €500M
Retained issue
Apr 2027
Aal
ES0415306028
€50M Private Placement
Feb 2029
Aal
€500m
€50m
ES0415306093 €500M
Public issue
Feb 2029
Aal
€500m
2013 2015
2017 2019
2021
2023
2025
2027
2029
European Covered Bond (Premium)
As per Article 27.2 of the Covered Bond Directive, covered bonds can
be labelled 'European Covered Bond (Premium)' if they meet the
requirements laid down in the provisions of national law transposing
this Directive and which meet the requirements of Article 129
of Regulation (EU) No 575/2013, as amended by Regulation (EU)
2019/2160 of the European Parliament and of the Council'.
Sustainable Covered Bond
A covered bond labelled Sustainable Covered Bond is a covered bond
that is fully compliant with the Covered Bond Label Convention,
and it also includes a formal commitment by the issuer to use an
amount equivalent to the proceeds of that same covered bond to
(re) finance loans in clearly defined environmental (green), social or
a combination of environmental and social (sustainable) criteria.
Covered Bond Labelled sustainable covered bond programs are
based on their issuer's sustainable bond framework which has been
verified by an independent external assessment.
Regulation (EU) 2019/2160 of the European Parliament and of the Council of 27 November 2019 amending Regulation (EU) No 575/2013 as regards exposures in the form of covered bonds.
Caja Rural de Navarra Investor Presentation 33.View entire presentation