Since 1950 OeKB has managed the export credit and guarantee system, acting as the agent of the Republic of Austria.
Since 1960 OeKB has operated a scheme for financing exports of goods and services, primarily with medium- and long-term repayment schedules.
OeKB is the second largest Austrian borrower in the international capital markets, ranking behind only the Austrian government. The International Finance department obtains funds for the export financing scheme and is responsible for investor relations.
Rating and Funding Volume
OeKB's long-term debt issues are rated AAA by Standard & Poor's and Aaa by Moody's; its short-term debt is rated A-1+ and P-1, respectively. The debt is used to fund the export financing system. OeKB's status as a quasi-sovereign borrower with a long-term funding volume of 3-4 billion Euro per year is perceived as attractive by investors. The outstanding performance of OeKB's bonds underpins the strong position among its AAA peer group.
Presentation for Investors
Investor Presentation, January 2010