Austria has issued 50-year bonds for the first time in its history, the federal financing agency said. The offering raised two billion euros ($2.58 billion) with the yield at 3.837 percent, slightly higher than the 3.434 percent rate for three billion euros' worth of 10-year-bonds issued the same day, the state agency said. The move comes after Austria last week lost its cherished triple-A rating from Standard & Poor's, although it retains the top credit rank with fellow rating agencies Fitch and Moody's. The success of Austria's bond issue "bears testimony to Austria's strong credibility regarding credit", the federal agency's head Martha Oberndorfer said. A total of 62 percent of the new Austrian bonds were taken up by German buyers.
GMT 12:09 2018 Monday ,26 November
Black Friday less wild as more Americans turn to online dealsGMT 15:07 2018 Sunday ,18 November
Refugee host countries discuss UNRWA's financial crisisGMT 17:22 2018 Wednesday ,31 October
Russia climbed to 31st place in Doing Business-2019 ratingGMT 16:53 2018 Wednesday ,17 October
"Putin" We need for collective restoration of Syria's economyGMT 14:02 2018 Friday ,12 October
Govt to announce incentives package for Overseas PakistanisGMT 18:26 2018 Saturday ,06 October
Dubai attracts Dh17.7 billion in foreign direct investmentGMT 09:02 2018 Friday ,21 September
Economy of Georgia demonstrates "strong signs of recovery"GMT 09:03 2018 Wednesday ,24 January
German investor confidence surges in JanuaryMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor