News und Wissen

Members of the Berne Union see renewed demand for export credit insurance and expect a strong end to the year. Insurers are seeing increasing claims as high interest rates and higher input costs elevate insolvencies.

— Excellent investor reception with book nearly 3-times oversubscribed.
— Price tightening by 3 basis points during the book building process to price at SOFR Mid-Swaps +30 basis points. 
— Final orderbook included more than 100 investors.

OECD country categories for Bosnia & Herzegovina, Croatia, Egypt and Ukraine have been changed.

The current Business Confidence Index shows that trade credit insurance has seen a normalisation of both claims and risk appetite through the first half of the year. The industry is maintaining capacity for medium- and long-term risks while remaining cautious around the impact of sovereign defaults and geopolitical hot spots.

The current industry report from the Berne Union (BU) provides data on the export credit business of all BU members. These show that all business areas recovered in 2022. The volume of new business in medium and long-term export credit insurance has almost returned to pre-pandemic levels.

OECD country category for Taiwan has been changed.

Export credit insurers feel well positioned to adapt and innovate as they enter a new era of risk in the wake of the pandemic and war in Ukraine.

— Excellent investor reception of OeKB's Global Bond with a volume of USD 1bn
— Book 3-times oversubscribed
— Price tightening by 3 basis points during book building process to price at SOFR Mid-Swaps +36 basis points
— Final orderbook included over 90 investors

OECD country categories for Bosnia & Herzegovina, Croatia, Egypt and Ukraine have been changed.

- Excellent investor reception with book 5-times oversubscribed
- Price tightening by 4 basis points during book building process to price at SOFR Mid- Swaps +35 basis points
- Final orderbook included 97 investors

High-quality orderbook for the issuance of OeKB´s first deal of the year with a GBP 450 million benchmark. Read more.