31.10.2018
- On October 30, 2018 OKB successfully issued a USD Global Bond with a volume of USD 1bn.
- The 5 year bond was priced at a spread of 8bp over MidSwaps.
- The coupon was set at 3.125% and the re-offer price at 99.793%.
Strong global participation of institutional investors
The strong global participation of institutional investors (Central Banks/Official Institutions, Bank Treasuries and Asset Managers) allowed the book to grow above USD 1.5bn. The issue carries an explicit guarantee of the Republic of Austria and is rated Aa1/AA+ by Moody’s and Standard Poor’s respectively. Lead Managers were Bank of America Merrill Lynch, Citigroup Global Markets Limited, Goldman Sachs International and HSBC Bank plc.
