Funding Strategy
The primary goals of NORD/LB’s funding strategy are securing and diversifying of its funding base, the optimization of refinancing costs and compliance with regulatory key figures.
The bank's green bond program also anchors the topic of sustainability in its funding strategy and thus also serves to expand the investor base.
Funding Plan
- 1H2024: Three successful benchmarks – two Pfandbrief & one Tier 2 issuance, the first Tier 2 transaction in 10 years
- 2H2024: Inaugurual Senior Non-Preferred Benchmark successfully issued. Funding plan adjustment due to partial sale of aircraft financing and deposit inflows
| Final maturities of NORD/LB bonds according to circulation as at 31 December 2023 | ||||
|---|---|---|---|---|
| Unsecured | Pfandbriefe | Subordinate | Total | |
| 2024 | 2,246 | 2,987 | 499 | 5,732 |
| 2025 | 2,560 | 2,254 | 496 | 5,310 |
| 2026 | 2,077 | 3,215 | 136 | 5,429 |
| 2027 | 1,608 | 2,248 | 27 | 3,883 |
| 2028 | 1,959 | 1,483 | 10 | 3,453 |
| as from 2029 | 7,838 | 9,083 | 555 | 17,475 |
| Total | 18,288 | 21,270 | 1,723 | 41,282 |
(in €m)
Contact
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Melanie Kiene
ESG Funding Manager
Phone: +49 (0) 511 361-3902
Mobile: +49 (0) 172 1692 633
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Friedrich Karl Strödter
Head of Investor Relations
Phone: +49 (0) 511 361-3878
Mobile: +49 (0) 176 1529 0134
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Jonas Sachs
Senior Manager Investor Relations & Ratings
Phone: +49 (0) 511 361-5128
Mobile: +49 (0) 176 1529 0001
