Announcements

    Drinks

      Instrument data
      Senority
      Senior Unsecured
      Currency
      EUR
      ISIN
      DE0001053833
      Coupon percent
      2.72%
      Coupon type
      Fixed
      Instrument volume
      50,000,000
      Maturity date
      07/02/2054
      -
      AAA Outlook: Stable
      AAA Outlook: Stable
      Latest change
      Affirmed
      25/07/2025
      General information
      Rating
      Public
      Solicited
      With issuer participation
      UK endorsed
      EU Rated
      Eiko Sievert Lead analyst
      Jakob Suwalski Committee chair
      Scope affirms the Free State of Bavaria’s AAA rating with Stable Outlook

      25/7/2025 Rating announcement EN

      Scope affirms the Free State of Bavaria’s AAA rating with Stable Outlook

      An integrated institutional framework, low debt, ample liquidity, strong budgetary performance and a wealthy economy support the rating. Limited expenditure flexibility, sizeable contingent liabilities, and high pension liabilities are challenges.

      Scope affirms the Free State of Bavaria's AAA rating with Stable Outlook

      23/2/2024 Rating announcement EN

      Scope affirms the Free State of Bavaria's AAA rating with Stable Outlook

      Low debt, ample liquidity, strong budgetary performance, a wealthy economy and an integrated institutional framework support the rating. Limited revenue flexibility, sizeable contingent liabilities, and high pension liabilities are challenges.

      Date Title