The bright Narrow Emission Line Galaxy, NGC 5506, has been observed simulta
neously by XMM-Newton and BeppoSAX. The iron line is complex, with at least
two components: one narrow and corresponding to neutral iron, the second o
ne broad and corresponding to ionized iron. The latter line is equally well
fitted by a truly broad line or by a blend of He- and H-like narrow lines.
The bulk of the Compton reflection continuum originates in neutral matter,
and is therefore associated with the narrow line: they are most likely emi
tted in distant matter. The origin of the ionized line(s) is less certain,
but the solution in terms of a blend of narrow lines from photoionized matt
er seems to be preferable to emission from an ionized, relativistic accreti
on disc.