Announcements

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      Instrument data
      Senority
      Senior Unsecured
      Currency
      EUR
      ISIN
      DE0001053916
      Coupon percent
      3%
      Coupon type
      Fixed:Plain Vanilla Fixed Coupon
      Instrument volume
      1,000,000,000
      Maturity date
      19/02/2055
      -
      AAA Outlook: Stable
      AAA Outlook: Stable
      Latest change
      New
      24/02/2025
      General information
      Rating
      Public
      Solicited
      With issuer participation
      UK endorsed
      EU Rated
      Eiko Sievert Lead analyst
      Alvise Lennkh-Yunus Committee chair
      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