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Investor Confidence in Austrian Issues Remains Very High
Austria’s government and corporate sectors are still able to borrow at historically low rates, the loss of the triple A sovereign rating notwithstanding.
Investor Confidence in Austrian Issues Remains Very High / Picture: © Vindobona.org
The Austrian economy enjoys unbroken confidence among international investors and remains basically unaffected by the downgrade by Standard & Poor’s of Austria’s credit rating from AAA status in January 2012. Like some other sovereigns, the Austrian government is even receiving marginal revenue on its issues of short-term government bonds thanks to its high creditworthiness, as…
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