Announcements
Drinks
Instrument data
Issuer
Senority
Senior Unsecured
Currency
EUR
ISIN
DE000A3H25U4
Coupon percent
3.036%
Coupon type
Floating: Fixed Margin over Index
Instrument volume
500,000,000
Maturity date
22/10/2029
-
AAA
Outlook:
Stable
AAA
Outlook:
Stable
Latest change
New
21/11/2024
General information
Rating
Public
Solicited
With issuer participation
UK endorsed
EU Rated
Eiko Sievert
Lead analyst
Jakob Suwalski
Committee chair
25/10/2024 Rating announcement EN
Scope affirms the Land of Baden-Württemberg’s AAA rating with Stable Outlook
Robust budgetary performance, conservative budgetary, debt and liquidity management and a large, wealthy and resilient economy support the rating. Credit challenges are the low expenditure flexibility related to cost pressures and a high pension burden.
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