Rabobank

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 dateCall dateMaturi-
ty date
Allocation*

EUR 750mn Green
Non-preferred senior
XS2068969067Oct '19n/aOct '26100% to Renewable energy
EUR 1,250mn Green
Covered bond
XS2722858532Nov '23n/aNov '28100% to Mortgages
EUR 1,500mn Green
Non-preferred senior
XS2860946867July '24July '27July '28100% to Eligible green assets
GBP 400mn Green
Non-preferred senior
XS2921544024Oct '24Apr '28Apr '29100% to Eligible green assets
GBP 500mn Green
Non-preferred senior
XS3008638176
Feb '25Nov '29Nov '30100% to Eligible green assets
EUR 1,000mn Green
Non-preferred senior
XS3200103490Oct '25n/aOct '35100% to Eligible green assets
EUR 750mn Green
Non-preferred senior
XS3364887615May '26n/aMay '36100% to Eligible green assets
GBP 600mn Green
Non-preferred senior
XS3404437991Jun '26Jun '30Jun '31100% to Eligible green assets
GBP 600mn Green
Tier 2
XS3520787519Sep '26Sep '31Sep '36100% 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)

Instruments table

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Contact Investor Relations

IR@rabobank.com

Sustainable funding instruments and green bonds issued by Rabobank - Rabobank