Announcements
Drinks
Instrument data
Issuer
Senority
Senior Unsecured
Currency
EUR
ISIN
DE000A1RQB94
Coupon percent
1.125%
Coupon type
Fixed:Plain Vanilla Fixed Coupon
Instrument volume
50,000,000
Maturity date
11/11/2024
-
AAA
Outlook:
Stable
AAA
Outlook:
Stable
Latest change
Affirmed
19/04/2024
General information
Rating
Public
Solicited
With issuer participation
UK endorsed
EU Rated
Julian Zimmermann
Lead analyst
Alvise Lennkh-Yunus
Committee chair
19/4/2024 Rating announcement EN
Scope affirms and publishes the Land of Hesse’s AAA rating with Stable Outlook
Robust budgetary performance, conservative budgetary, debt and liquidity management and low contingent liability risk support the rating. Low expenditure flexibility, coupled with cost pressures, is the main credit challenge.
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