Announcements
Drinks
Instrument data
Issuer
Senority
Unsecured
Currency
CHF
ISIN
XS1038725450
Coupon percent
0.7%
Coupon type
Variable: Step Up/Step Down
Instrument volume
10,000,000
Maturity date
05/03/2029
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AAA
Outlook:
Stable
AAA
Outlook:
Stable
Latest change
Affirmed
12/01/2024
General information
Rating
Public
Solicited
With issuer participation
UK endorsed
EU Rated
Julian Zimmermann
Lead analyst
Alvise Lennkh-Yunus
Committee chair
12/1/2024 Rating announcement EN
Scope affirms and publishes the Land of Saxony-Anhalt’s AAA rating with Stable Outlook
An integrated institutional framework, sound budgetary performance, conservative debt and liquidity management and low contingent liability risk support the rating. High debt, moderate budget flexibility and a modest socio-economic profile are challenges.
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