Announcements

    Drinks

      Instrument data
      Senority
      Senior Secured
      Currency
      EUR
      ISIN
      AT0000A32ST0
      Coupon percent
      2.95%
      Coupon type
      Floating: Fixed Margin over Index
      Instrument volume
      3,500,000
      Maturity date
      28/02/2028
      -
      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.

      Date Title