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      Instrument data
      Senority
      Senior Secured
      Currency
      EUR
      ISIN
      AT0000A2CW60
      Coupon percent
      0.25%
      Coupon type
      Fixed:Plain Vanilla Fixed Coupon
      Instrument volume
      25,000,000
      Maturity date
      12/02/2030
      -
      AAA Outlook: Stable
      AAA Outlook: Stable
      Latest change
      Affirmed
      22/11/2023
      General information
      Rating
      Public
      Solicited
      With issuer participation
      UK endorsed
      EU Rated
      Mathias Pleissner Lead analyst
      Antonio Casado Committee chair
      Scope affirms at AAA/Stable the Austrian mortgage-covered bonds issued by Bank Burgenland

      22/11/2023 Rating announcement EN

      Scope affirms at AAA/Stable the Austrian mortgage-covered bonds issued by Bank Burgenland

      The rating reflects a combination of cover pool and governance support. Credit risks stemming from the mixed cover pool in combination with interest rate mismatches between assets and liabilitites drive the level of rating-supporting overcollateralisation

      Scope affirms at AAA/Stable the Austrian mortgage-covered bonds issued by Bank Burgenland

      28/11/2022 Rating announcement EN

      Scope affirms at AAA/Stable the Austrian mortgage-covered bonds issued by Bank Burgenland

      The rating reflects strong support from the cover pool. Credit risks stemming from the mixed cover pool in combination with asset-liability mismatches drive the level of rating-supporting OC. High stakeholder cohesiveness increases the rating floor.

      Scope affirms at AAA/Stable the Austrian mortgage-covered bonds issued by Bank Burgenland

      30/11/2021 Rating announcement EN

      Scope affirms at AAA/Stable the Austrian mortgage-covered bonds issued by Bank Burgenland

      The rating reflects strong support from the cover pool. Stressed maturity mismatches in combination with credit risks stemming from the mixed cover pool drive the level of rating-supporting overcollateralisation.

      Scope affirms at AAA/Stable the mortgage-covered bonds issued by Bank Burgenland

      19/11/2019 Rating announcement EN

      Scope affirms at AAA/Stable the mortgage-covered bonds issued by Bank Burgenland

      The rating reflects strong support from the cover pool. Asset-liability mismatches drive the rating-supporting overcollateralisation. The high credit quality of the domestic residential and commcercial mortgage pool adds only incremental risk.

      Date Title