OeKB taps its Australian Dollar Bond

This is the first tap of this bond and brings the total size to 130 million Australian Dollar. The tap was priced at AUD Swap +53bp and was placed with a Japanese institutional investor via TD Securities. The bond has a coupon of 3.3%. The issue carries an explicit guarantee of the Republic of Austria und is rated Aa1/AA+ by Moody’s and Standard Poor’s respectively.

A comprehensive overview over all OeKB bonds can be found here:

• OeKB bonds