Investor Presentaiton
OeBFA
Austrian Treasury
Inaugural Austrian 27-year Green Bond (May 2022)
EUR 4.00bn 27-year Green RAGB May 2049
AA+ (positive) / Aa1 (stable) / AA+ (stable) / AAA (stable)
S&P/Moody's / Fitch / DBRS
Distribution by Investor Type
1%
Distribution by Geography
1%
3%
Issue Ratings
Format
Tenor
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
27-year
23 May 2049
EUR 4.00bn (incl. EUR 0.25bn own retention)
Bearer Notes, Senior, Unsecured, Unsubordinated
31 May 2022
1.85%
MS +22bps
99.454/1.876% p.a.
+71.3 bps (1.25% DBR 08/48)
Vienna, Frankfurt
AT0000A2Y8G4
Barclays Bank, BofA Securities Europe, Deutsche Bank,
Goldman Sachs Bank Europe, J.P. Morgan, UniCredit
The Republic of Austria successfully launched its inaugural Green Bond benchmark issuance with
a size of EUR 4.00bn and a tenor of 27-years yielding 1.876% p.a.
The issuance met with stellar demand and the transaction was 6.8-times oversubscribed (EUR
25.4bn order book).
The tenor, which is the second-longest of all Green euro-denominated sovereign bonds
outstanding, perfectly complements the curve in the long end.
High-quality order book, with Green Investors accounting for ~70% of the total allocation
(esp. Green Asset Managers, Pension Funds and Insurance Companies).
Republic of Austria / Investor Information, April 2024
3. Green Issuance
18%
■Funds
■Banks
13%
65%
31%
47%
21%
■CBs/Official Institutions
■Eurozone (incl. AT)
■Other Europe (UK, NOR, CH)
■Middle East / Asia
America
Green Investor share in % (allocation)
■Insurance / Pension funds
■Retail
30%
70%
■ Green Investors
■ Conventional Investors
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