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Commentary & Deal Flow

NEW ISSUE: OKB US$ bmk 3yr Sr Unsec; MS+27a

IGC European Market: Deal Flow - SSAIGC US Market: Deal Flow - SSA

Issuer

Term

Maturity

Size

Ranking

Type

IPT

Oesterreichische Kontrollbank

3yr

29-May-29

bmk

Sr Unsec

Fixed

MS+27a


IPTs: 3yr: MS+27a (currently equates to ~T+8.3bp)


  • Issuer: Oesterreichische Kontrollbank AG ("OKB")
  • Guarantee: Explicitly Guaranteed by the Republic of Austria
  • Expected Issue Ratings: Aa1/AA+ (Moody's/S&P) (Negative/Stable)
  • Format: SEC Registered Global
  • Size: US$ Benchmark
  • Maturity: 29-May-29
  • Settlement: 29-May-26 (T+7)
  • Coupon: Fixed, Semi-Annual, 30/360
  • IPTs: SOFR Mid-Swap SA 30/360+27bp area (currently equates to ~T+8.3bp)
  • Governing Law: New York
  • Listing: Luxembourg Stock Exchange's Regulated Market
  • Denominations: US$1k x US$1k
  • Documentation: Issuer's Global Issuance Facility
  • Target Market: Retail / Professional / Eligible Counterparties (all distribution channels each as defined in MIFID II / UK MIFIR)
  • Joint Leads: BNP/GS/RBC/TD
  • Timing: Taking IOIs, expect tomorrow's business
  • Advertisement: Base Prospectus of the Global Issuance Facility is available at: https://www.oekb.at/en/dam/jcr:66c463ee-b936-4443-887f-ad4689c6ea8a/US%20Shelf%20Schedule%20B_Nov2026_as%20filed.pdf