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      Instrument data
      Issuer
      HESSEN, LAND OF
      Senority
      Senior Unsecured
      Currency
      EUR
      ISIN
      DE000A1RQED2
      Coupon percent
      0.763%
      Coupon type
      Floating: Fixed Margin over Index
      Instrument volume
      50,000,000
      Maturity date
      05/01/2026
      -
      AAA Outlook: Stable
      AAA Outlook: Stable
      Latest change
      Affirmed
      19/04/2024
      General information
      Rating
      Public
      Solicited
      With issuer participation
      UK endorsed
      EU Rated
      Eiko Sievert Lead analyst
      Alvise Lennkh-Yunus Committee chair
      Scope affirms and publishes the Land of Hesse’s AAA rating with Stable Outlook

      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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