Announcements
Drinks
Instrument data
Issuer
Senority
Senior Unsecured
Currency
EUR
ISIN
DE000BU27014
Coupon percent
2.5%
Coupon type
Fixed:Plain Vanilla Fixed Coupon
Instrument volume
4,000,000,000
Maturity date
15/11/2032
-
AAA
Outlook:
Stable
AAA
Outlook:
Stable
Latest change
New
18/09/2025
General information
Rating
Public
Unsolicited
With issuer participation
UK endorsed
EU Rated
Julian Zimmermann
Lead analyst
Alvise Lennkh-Yunus
Committee chair

12/9/2025 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. Global geopolitical and trade risks, transition risks related to carbon neutrality targets and an ageing population are challenges.
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