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      Instrument data
      Issuer
      Federal Republic of Germany
      Senority
      Senior Unsecured
      Currency
      EUR
      ISIN
      DE000BU2Z049
      Coupon percent
      2.5%
      Coupon type
      Fixed:Plain Vanilla Fixed Coupon
      Instrument volume
      5,000,000,000
      Maturity date
      15/02/2035
      -
      AAA Outlook: Stable
      AAA Outlook: Stable
      Latest change
      New
      11/02/2025
      General information
      Rating
      Public
      Unsolicited
      With issuer participation
      UK endorsed
      EU Rated
      Eiko Sievert Lead analyst
      Dr. Giacomo Barisone Committee chair
      Scope affirms Germany's AAA rating with Stable Outlook

      27/9/2024 Rating announcement EN

      Scope affirms Germany's AAA rating with Stable Outlook

      The ratings are supported by a wealthy, large, diversified economy, sound public finances and a strong external position. Transition risks related to carbon neutrality targets, an ageing population and global geopolitical risks are challenges.

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