- On September 10, 2019 OKB successfully issued a USD Global Bond with a volume of USD 1.5bn.
- The three-year bond was priced at a spread of 8.75bp over US Treasuries.
- The coupon was set at 1.625% and the re-offer price at 99.933%.
Strong global participation of institutional investors
The strong global participation of institutional investors (Central Banks/Official Institutions, Bank Treasuries and Asset Managers) from over 20 different countries allowed the order book to grow above USD 3.2bn, one of OKB´s largest order books. 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 und HSBC Bank plc.
Central banks and official institutions 74%, banks 18%, asset managers 6% and pension and insurance companies 2%