01.06.2018

On May 30, 2018 OKB issued its first HUF (Hungarian Forint) private placement. The volume is HUF 16 billion (approx. EUR 50 million), the bond has a 6 year maturity and is due June 8, 2024.

Settlement will be on June 8, 2018. The bond has a coupon of 1.60% p.a. and is paid annually. It was placed with an institutional investor via Raiffeisen Bank International AG. The issue carries an explicit guarantee of the Republic of Austria and is rated Aa1/AA+ by Moody’s and Standard Poor’s respectively.

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