Investor Presentaiton
OeBFA
Austrian Treasury
Green Bond 2049 and Green Bond 2029 taps (January 2024)
EUR 1.25bn Green 2029 tap, EUR 1.25bn Green 2049 tap
Issue Ratings
AA+ (stab) Aa1 (stab) / AA+ (stab) / AAA (stab) / AAA (neg)
(S&P/Moody's / Fitch / Morningstar DBRS/ Scope)
Distribution by Investor Type Distribution by Geography
Format
Tranches
Maturity Date
Total Issue Amount
Form of Notes
Settlement
Coupon
Issue Spread
Re-offer Price / Yield
Re-offer Spread vs BM
Listing
ISIN
Joint Bookrunners
Domestic Government Bond, RegS/144a eligible, CAC
5-year Green Tap
23 May 2029
2%
6%
14%
25-year Green Tap
22%
23 May 2049
2%
50%
EUR 1.25bn (incl. EUR 0.25bn own
retention)
EUR 1.25bn (incl. EUR 0.25bn own
retention)
2029G tap
33%
45%
26%
Bearer Notes, Senior, Unsecured, Unsubordinated
25 January 2024
1%
1%
3%
9%
37%
35%
63%
2.90%
1.85%
MS -5bps
101.454/2.602% p.a.
+35.5bps (2.10% OBL 04/29)
MS +56bps
77.614/3.145% p.a.
+64.3bps (1.25% DBR 08/48)
2049G tap
17%
Vienna, Frankfurt
AT0000A33SH3
AT0000A2Y8G4
Barclays, BofA Securities, Citi, Deutsche Bank, J.P. Morgan and Raiffeisen Bank
34%
International
On 18 January 2024, Austria successfully tapped the outstanding Green RAGB May 2029 and the Green
RAGB May 2049 by EUR 1.25bn each. The total volume of Austria's 2029 Green Bond now stands at EUR
4.25bn while the 2049 Green Bond stands at EUR 6.5bn (with the target size for Green RAGBs being EUR 6-
8bn).
The Green taps were part of Austria's third triple-tranche transaction (including a new EUR 4.5bn 10-year
conventional benchmark bond) and the first one worldwide including two green bonds.
The strong investor demand for both green taps (12-times oversubscription of the 2029 and 24-times of the
2049 tap), is yet another strong sign of support for Austria's Green funding programme.
Distribution was well-diversified by investor type and order size with 77 investors in the Green 2029 tap and
185 investors in the Green 2049 tap, re-affirming the breadth and quality of Austria's investor franchise.
Republic of Austria / Investor Information, April 2024
3. Green Issuance
■Funds
■Banks
■CBs/Official Institutions
■Insurance / Pension funds
■Retail / Other
■Eurozone (incl. AT)
■Other Europe (UK, NOR, CH)
■Middle East
America
■ Asia
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