Announcements
Drinks
Instrument data
Issuer
Senority
Senior Unsecured
Currency
EUR
ISIN
DE000A3513S8
Coupon percent
2.5%
Coupon type
Fixed:Plain Vanilla Fixed Coupon
Instrument volume
50,000,000
Maturity date
12/12/2034
-
AAA
Outlook:
Stable
AAA
Outlook:
Stable
Latest change
New
09/12/2024
General information
Rating
Public
Solicited
With issuer participation
UK endorsed
EU Rated
Julian Zimmermann
Lead analyst
Jakob Suwalski
Committee chair
9/8/2024 Rating announcement EN
Scope affirms Berlin’s AAA rating with Stable Outlook
A strong institutional framework, conservative fiscal management, excellent market access, debt profile and liquidity, and a strong economic base are strengths. High debt and budgetary pressures, coupled with moderate budgetary flexibility, are challenges
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