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3.40 % ERSTE Pfandbrief II 23-25


Date: 2023/11/29 07:57:55
Bid Ask
- 100.60
Difference 0.00% (0.00)

General attributes

Type of bondErste Group covered bonds
Bond stylecovered
Issuer typefinancial institution
Country of issueAT
Current coupon3.400%
Coupon stylefix
Coupon payment date2024/12/01
Coupon payment periodannually
Yield to maturity p.a. (before capital gains tax)3.09%
Value date2023/12/01
Repayment value100.00
Minimum unit1,000

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Performance since inception. Performances under 12 month have only little informative value because of the short maturity. Information about previous performance does not guarantee future performance.
Source: Erste Group Bank AG
Advantages Risks you should be aware of
  • Covered bond under the Austrian “Pfandbriefgesetz”("PfandBG").
  • Suitable for gilt-edged investments
  • Fixed coupon throughout the term. Redemption at 100 % at maturity by Erste Group Bank AG.
  • Erste Group Bank AG will set quotes for this product during the term, nevertheless, is not obliged to it.
  • The redemption at 100 % of nominal amount by Erste Group Bank AG applies only at maturity.
  • Change of market interest rates and credit rating of Erste Group Bank AG may lead to price fluctuations and capital loss in case of sale before maturity date.
  • Investors bear the issuer risk of Erste Group Bank AG, i.e. the risk of changes of the creditworthiness and the risk of insolvency.
  • This bond is not covered by any deposit guarantee scheme. Investors are exposed to the risk that Erste Group Bank AG may not be able to meet its obligations arising from the bond in the event of insolvency or over-indebtedness or from an official order (bail-in regime). In the event of bankruptcy, the cover pool is segregated as special assets to service the covered bond. If the cover pool is insufficient, the covered bond holders may only be able to receive part of their claim.  A total loss of invested capital is possible.


The 3.40 % ERSTE Pfandbrief II 23-25 issued by Erste Group Bank AG has a term of 2 years and offers a fixed coupon of 3.40 % p.a.. The interest is paid annually, starting with 01/12/2024. The redemption is on 01/12/2025 at 100 % of nominal amount.

Payment notes

This bond pays a fixed coupon of 3.40 % p.a., the coupon is paid annually.


This bond is redeemed on 01/12/2025 at 100 %.

Secondary market

During the term it is possible to sell the product during the trading hours at the exchanges, where the product is listed.



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