
Sustainable funding instruments
Rabobank has been active in the sustainable funding market since 2016, issuing green funding instruments across a range of formats, including covered bonds, unsecured senior bonds, subordinated bonds and money market instruments. To support these issuances, Rabobank maintains an ICMA Green Bond Principles-aligned Sustainable Funding Framework and has published an externally reviewed European Green Bond (EuGB) Factsheet.
Sustainable Funding Framework
Rabobank's Sustainable Funding Framework, most recently updated in May 2025, reflects the continued evolution of the sustainable funding market and incorporates the latest market standards. Compared with previous versions, the Framework expands the range of eligible economic activities that can be (re)financed.
Use of proceeds include renewable energy, energy efficiency, green buildings and clean transportation. Eligibility criteria are based on the substantial contribution requirements of the EU Taxonomy Regulation.
The Framework is aligned with the ICMA Green Bond Principles (GBP) and follows its four core components: Use of Proceeds, Process for Project Evaluation and Selection, Management of Proceeds, and Reporting. In line with ICMA recommendations, the Framework has been independently reviewed by ISS-Corporate, which has provided a Second Party Opinion (SPO).
European Green Bond Standard
In addition to its ICMA GBP-aligned green funding programme, Rabobank has incorporated the option to issue European Green Bonds (EuGBs) under the European Green Bond Standard Regulation.
To support potential EuGB issuances, Rabobank has published an externally reviewed EuGB Factsheet. All EuGB issuances will also be aligned with the ICMA GBP. Proceeds will be allocated to residential green buildings that are fully aligned with the technical screening criteria of the EU Taxonomy Regulation, in accordance with EuGB Regulation requirements.
Downloads
Please find below further information in relation to Rabobank's sustainable instruments.
Green bonds outstanding
| 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 | |||
| 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 | |||
| EUR 1,000mn Green Non-preferred senior | XS3200103490 | Oct '25 | n/a | Oct '35 | 100% to Eligible green assets | |||
| EUR 750mn Green Non-preferred senior | XS3364887615 | May '26 | n/a | May '36 | 100% to Eligible green assets | |||
| GBP 600mn Green Non-preferred senior | XS3404437991 | Jun '26 | Jun '30 | Jun '31 | 100% to Eligible green assets |
| GBP 600mn Green Tier 2 | XS3520787519 | Sep '26 | Sep '31 | Sep '36 | 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 30 September 2026 the combined limit for these instruments is set at EUR 2 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)
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Contact Investor Relations
IR@rabobank.com


