OeKB increases a GBP denominated Bond
On 26th June 2017, OeKB tapped its GBP 350m five year bond by a further GBP 150m, bringing the new total issue size to GBP 500m.
The increase has been priced at 43bp over the 4% 03/2022 UKT and was well received by Bank Treasuries and Asset Managers. It will be listed at the London Stock Exchange and has an explicit, unconditional and irrevocable guarantee of the Republic of Austria.
The tap transaction is rated Aa1/AA+ by Moody’s and Standard & Poor’s respectively. Barclays, Deutsche Bank and RBC CM acted as lead managers.