Covered Bond Programme

In March 2022 Van Lanschot Kempen established a € 5,000,000,000 Soft Bullet Covered Bond Programme, for public issuance which are secured by prime Dutch residential mortgages. Van Lanschot Kempen issued two covered bonds out of this programme so far. The first issuance took place on 27 June 2022 and the second issuance on 31 May 2023. Further issuances will also take place out of this programme.

Apart from the Soft Bullet Covered Bond Programme, Van Lanschot Kempen also maintains two Conditional Pass Through Covered Bond Programmes, one for public transactions (established in 2015) and one for liquidity management purposes (established in 2019). Issues under the latter programme are retained by Van Lanschot Kempen at issuance.

Van Lanschot Kempen is a member of the Dutch Association of Covered Bond Issuers (DACB) and all three above mentioned programmes are registered with the Dutch Central Bank (DNB). Furthermore, the Soft Bullet Covered Bond Programme carries the European Covered Bond (Premium) Label and the public Conditional Pass Through Covered Bond Programme the EEA Grandfathered – CRR compliant label. Issuances under both programmes comply with UCITS and Article 129 CRR.

Outstanding Soft Bullet and Conditional Pass Through Covered Bonds

* The extension period is not included in this table.