Oesterreichische Kontrollbank

SECTOR Agency
RATINGS  AA+/Aa1
RATING OUTLOOK Both stable
FUNDING VOLUME 2020/2021  €5.5BN/€4-5BN
RISK WEIGHT, LCR LEVEL, SOLVENCY II  0%, Level 1, 0% 
REPO ELIGIBILITY 

ECB QE

About Oesterreichische Kontrollbank

Oesterreichische Kontrollbank (OKB) was established in 1946 under the Austrian Stock Corporation Act. Its main role is to administer the Austrian government’s programme of guarantees to promote Austrian exports and to provide refinancing for loans carrying export guarantees or other forms of credit enhancement.

OKB also provides private export-credit insurance through affiliates, primarily for short-term revolving facilities, as well as a variety of operational and informational services for the Austrian capital markets.

Sustainable funding strategy

In 2019, OKB unveiled its Sustainable Financing Framework and a second-party opinion from Sustainalytics. The framework reflects OKB’s longstanding commitment to sustainable development and puts OKB at the forefront of sustainable finance in Austria as its first-ever sustainability bond issuer. In October 2019, OKB issued its inaugural sustainability bond with a volume of €500 million. In March 2021, OKB issued its second sustainability bond with a volume of NOK1 billion.

FOR FURTHER INFORMATION PLEASE CONTACT:

Treasury Department
+43 1 53127 2457
This email address is being protected from spambots. You need JavaScript enabled to view it. 
www.oekb.at 

SUSTAINABILITY OBJECTIVE OF GSS BOND PROGRAMME
Support projects that are aligned with the green and/or social categories, as outlined in the Sustainability Financing Framework.

GSS BOND PROGRAMME NAME OKB Sustainable Finance Framework
REFERENCE TAXONOMIES FOR THE USE OF PROCEEDS

Green Bond Principles and Social Bond Principles project categories, issuer’s own definitions, EU Taxonomy

FRAMEWORKS WITH WHICH THE GSS BOND PROGRAMMES ARE ALIGNED Green Bond Principles, Social Bond Principles
EXTERNAL REVIEW PROVIDER  Sustainalytics

PUBLIC ISSUER ESG RATINGS/SCORES

INSTITUTION RATING/SCORE (all unsolicited)
ISS ESG
MSCI
Sustainalytics
Prime C+
AA
Rank 1 out of 12,448