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Bank Austria Generates Fresh Capital

Published: January 14, 2014; 12:20 · (Vindobona)

On Monday, January 13, UniCredit Bank Austria issued its first mortgage bond for 2014 to strengthen its capital base.

Bank Austria Generates Fresh Capital / Picture: © Uni Credit Group Bank Austria

The mortgage bond in the amount of € 500m of UniCredit Bank Austria has a maturity of ten years and a coupon of 2.375 percent. The bond was placed on Moday, January 13. The offering price was set at 99.272 percent which equals a reoffer spread of 35 basis points over the mid-swap rate.

The issue was clearly oversubscribed, with with 80 individual orders and a targeted order…

This article includes a total of 241 words.

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