Dit prospectus is gemaakt voor de uitgifte van dit product en ... - Iex

GENERAL DESCRIPTION OF THE PROGRAMMEPursuant to the Programme, the Issuer may from time to time issue Notes denominated in any currency agreedby the Issuer and the relevant Dealer(s) having maturities of one week or longer (or such other minimum ormaximum maturity as may be allowed or required from time to time by the relevant central bank (orequivalent body) or any laws or regulations applicable to the relevant currency). A description of the termsand conditions of the Programme and the Notes appears below. The applicable terms of any Notes will beagreed between the Issuer and the relevant Dealer(s) prior to the issue of the Notes and will be set out in theTerms and Conditions of the Notes endorsed on, attached to, or incorporated by reference into, the Notes, asmodified and supplemented by the relevant Final Terms attached to, or endorsed on, such Notes, as more fullydescribed under “Terms and Conditions of the Notes” below.This Offering Circular (together with the relevant Final Terms, and supplements, if any) will be valid forunlisted Notes or for listing or admission to trading of Notes on Euronext Amsterdam or any other stockexchange during the period of twelve (12) months from the date of this Offering Circular in an aggregatenominal amount which, when added to the aggregate nominal amount then outstanding of all Notes previouslyor simultaneously issued pursuant to the Programme, does not exceed EUR 10,000,000,000 or its equivalentin other currencies. For the purpose of calculating the euro equivalent of the aggregate nominal amount ofNotes issued pursuant to the Programme from time to time:(a)(b)(c)the euro equivalent of Notes denominated in a Specified Currency other than euro (as specified in therelevant Final Terms in relation to the relevant Notes, described in the “Summary of the Programme”under “Form of Notes”) shall be determined, at the discretion of the Issuer, either as of the date onwhich agreement is reached for the issue of Notes or on the preceding day on which commercialbanks and foreign exchange markets are open for business in London, in each case on the basis of thespot rate for the sale of the euro against the purchase of such Specified Currency in the Londonforeign exchange market quoted by any leading international bank agreed between the Issuer and therelevant Dealer(s) on the relevant day of calculation;the euro equivalent of Notes in respect of which no interest is due prior to the Maturity Date (asspecified in the relevant Final Terms in relation to the relevant Notes, described in the “Summary ofthe Programme” under “Form of Notes”) and other Notes issued at a discount or a premium shall becalculated in the manner specified above by reference to the net proceeds received by the Issuer forthe relevant issue; andthe euro equivalent of Dual Currency Notes (as specified in the relevant Final Terms in relation to therelevant Notes, described in the “Summary of the Programme” under “Form of Notes”) shall becalculated in the manner specified above by reference to the original nominal amount on issue of suchNotes.34