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Austria: Great Demand in Two New Federal Bonds
Politics ♦
Published: April 11, 2013; 14:33 ♦ (Vindobona)
In a double syndicated loan, the Austrian state has taken out € 4.5bn and issued two new federal bonds.
Austria: Great Demand in Two New Federal Bonds / Picture: © ÖBIB
€ 3bn was the total of the issued bonds with a term of 10.5 years (until October 2023). € 1.5bn accounts for the bonds with a term of 21 years (until May 2034). The bank syndicate consisted of Barclays, HSBC, Morgan Stanley and Raiffeisen Bank International (RBI), according to a statement made by the Austrian Federal Financing Agency (ÖBFA) on Wednesday.
The 10.5-year bond…
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