Contact
Raiffeisen Bank
Tel: +40 21 306 3002
Fax: +40 21 230 0700
E-mail: centrala@raiffeisen.ro
For suggestions and complaints you may also use this online form
Raiffeisen Bank
Tel: +40 21 306 3002
Fax: +40 21 230 0700
E-mail: centrala@raiffeisen.ro
For suggestions and complaints you may also use this online form
RZB issues bond guaranteed by Austria
Press Release from 28 January 2009, Vienna
· Keen investor interest
· Order book twice oversubscribed within 1 hour
Raiffeisen Zentralbank Österreich AG (RZB) has successfully issued its first benchmark issue in 2009 with a volume of 1.5 billion euros. This fixed-rate bond is guaranteed by the Republic of Austria with a tenor of five years. The price of the issue was fixed at Mid-Swaps plus 68 basis points, paying an annual coupon of 3.625 per cent.
RZB’s bond issue met broad interest amongst investors the world over. The issuing syndicate consisted of RZB, Citigroup, Deutsche Bank and HSBC. The lion’s share of demand was concentrated in Germany, Austria and the United Kingdom. The syndicate further achieved a 32 per cent allocation to fund managers which is an outstanding level of participation for Austrian government guaranteed debt.
The bond is an attractive investment, as it offers the safety of a government bond, combined with a yield premium.
Along with RZB, pursuant to section 1 (4) of the Interbank Market Support Act (Interbankmarktstärkungsgesetz, IBSG), the Republic of Austria shall assume liability for the issues of securities by credit institutions pursuant to section 1 (1) 10 of the Austrian Banking Act (BWG). The bond is rated AAA/Aaa (S&P/Moody’s).
* * * * *
Raiffeisen Zentralbank Österreich AG (RZB) is the central institution of the Austrian Raiffeisen Banking Group, the country's largest banking group. It is a leading corporate and investment bank in Austria and also considers Central and Eastern Europe (CEE) as its home market. RZB is the only Austrian bank with a global network of business units reaching all important finance centres around the globe. It is also present in Asia via its branches and representative offices.
Via listed subsidiary Raiffeisen International Bank-Holding AG, RZB operates one of the largest banking networks in CEE. 17 markets are covered by subsidiary banks, leasing companies and a range of other financial services providers. 14.6 million customers are served in more than 3,100 business outlets.
For further information please contact Andreas Ecker-Nakamura (+43-1-71 707-2222, andreas.ecker@rzb.at) or Kathrin Polster (+43-1-71 707-1753, kathrin.polster@rzb.at). http://www.rzb.at, http://www.ri.co.at
· Keen investor interest
· Order book twice oversubscribed within 1 hour
Raiffeisen Zentralbank Österreich AG (RZB) has successfully issued its first benchmark issue in 2009 with a volume of 1.5 billion euros. This fixed-rate bond is guaranteed by the Republic of Austria with a tenor of five years. The price of the issue was fixed at Mid-Swaps plus 68 basis points, paying an annual coupon of 3.625 per cent.
RZB’s bond issue met broad interest amongst investors the world over. The issuing syndicate consisted of RZB, Citigroup, Deutsche Bank and HSBC. The lion’s share of demand was concentrated in Germany, Austria and the United Kingdom. The syndicate further achieved a 32 per cent allocation to fund managers which is an outstanding level of participation for Austrian government guaranteed debt.
The bond is an attractive investment, as it offers the safety of a government bond, combined with a yield premium.
Along with RZB, pursuant to section 1 (4) of the Interbank Market Support Act (Interbankmarktstärkungsgesetz, IBSG), the Republic of Austria shall assume liability for the issues of securities by credit institutions pursuant to section 1 (1) 10 of the Austrian Banking Act (BWG). The bond is rated AAA/Aaa (S&P/Moody’s).
* * * * *
Raiffeisen Zentralbank Österreich AG (RZB) is the central institution of the Austrian Raiffeisen Banking Group, the country's largest banking group. It is a leading corporate and investment bank in Austria and also considers Central and Eastern Europe (CEE) as its home market. RZB is the only Austrian bank with a global network of business units reaching all important finance centres around the globe. It is also present in Asia via its branches and representative offices.
Via listed subsidiary Raiffeisen International Bank-Holding AG, RZB operates one of the largest banking networks in CEE. 17 markets are covered by subsidiary banks, leasing companies and a range of other financial services providers. 14.6 million customers are served in more than 3,100 business outlets.
For further information please contact Andreas Ecker-Nakamura (+43-1-71 707-2222, andreas.ecker@rzb.at) or Kathrin Polster (+43-1-71 707-1753, kathrin.polster@rzb.at). http://www.rzb.at, http://www.ri.co.at
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