
Sustainable funding instruments
Rabobank has a Sustainable Funding Framework (the “Framework”) in place under which it can issue "green" instruments in various formats, including covered bonds, unsecured senior bonds, subordinated bonds, commercial paper, certificates of deposit and wholesale deposits. At Rabobank, sustainability is an integral part of its corporate mission: “Growing a better world together”. This Framework further supports the bank’s overall sustainability efforts and connects these with our institutional investor base.
Sustainable Funding Framework
Rabobank has had a sustainable funding framework in place since 2016 and the most recent Framework was published in May 2025. The market for sustainable funding continues to develop and the Framework aims to reflect the latest market standards. In addition, the scope of economic activities covered by this Framework has been expanded. An amount equal to the net proceeds of instrument(s) issued under this Framework will be used to finance and/or refinance, in part or in whole, a portfolio of eligible green assets. These include renewable energy, green buildings, energy efficiency and clean transportation, in accordance with defined eligibility criteria.
In alignment with the ICMA Green Bond Principles (“GBP”), the structure of the Framework follows the four key GBP pillars – use of proceeds, process for project evaluation and selection, management of proceeds, and reporting – and the recommendation of ICMA regarding external review.
Downloads
Please find below further information in relation to Rabobank's sustainable instruments.
Green bonds outstanding
Overview as at 21 February 2025
Description | ISIN | Issue date | Call date | Maturi- ty date | Allocation* | |||
EUR 750mn Green Non-preferred senior | XS2068969067 | Oct ’19 | n/a | Oct ’26 | 100% to Renewable energy | |||
USD 1,000mn Green Non-preferred senior | US74977RDJ05/ US74977SDJ87 | Sep ’20 | Sep ’25 | Sep ’26 | 100% to Renewable energy | |||
USD 1,000mn Green Non-preferred senior | US74977RDK77/ US74977SDK50 | Feb ’21 | Feb ‘26 | Feb ’27 | 100% to Renewable energy | |||
EUR 1,250mn Green Covered bond | XS2722858532 | Nov ’23 | n/a | Nov ’28 | 100% to Mortgages | |||
EUR 1,500mn Green Non-preferred senior | XS2860946867 | July '24 | July '27 | July '28 | 100% to Eligible green assets | |||
GBP 400mn Green Non-preferred senior | XS2921544024 | Oct '24 | Apr '28 | Apr '29 | 100% to Eligible green assets | |||
GBP 500mn Green Non-preferred senior |
| Feb '25 | Nov '29 | Nov '30 | 100% to Eligible green assets |
* Further details per issue can be found in the relevant annual Rabobank Green Instruments Reports (above)
In addition, Rabobank issues green commercial paper (CP), green certificates of deposit (CD), and green wholesale deposits for which it has limits in place. As at 31 December 2024 the combined limit for these instruments is set at EUR 4 billion. These instruments are also issued from the Framework.

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Please click on the link below to access an overview of instruments issued by Rabobank (including relevant documentation)
Other funding and capital topics
Contact Investor Relations
IR@rabobank.com