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Erste Group fix-variable subordinated bond II 2011-2019


Date: 2019/10/21 08:29:04
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100.25 -
Difference 0.00% (0.00)

General attributes

Type of bondErste Group subordinated bonds
Bond stylesubordinated
Issuer typefinancial institution
Country of issueAT
Current coupon4.250%
Coupon stylefloating
Coupon payment date2019/12/30
Coupon payment periodquarterly
Yield to maturity p.a. (before capital gains tax)-
Value date2011/06/30
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

  • Attractive interes
  • Interest rate 5.00 % p. a. fixed for the first two years
  • Minimum coupon of 4.25 % p. a.
  • You invest your money longterm.

  • Losses might be possible during maturity.
  • This is a subordinated bond. In case of bankruptcy or liquidation of the company, subordinated bonds are only served if the claims of all not subordinated debts have already been served.
  • The investor carries the issuer risk of Erste Group Bank AG.


The Erste Group fix-variable subordinated bond II 2011-2019 offers fixed and afterwards variable coupons. For the first period (31.06.2011 – 30.06.2013) the coupon amounts to 5.00 % p. a. Afterwards the coupon is variable and depends on the 3-month Euribor. The  minimum coupon is 4.25 % p. a., the maximum coupon is 7.00 % p.a. The Erste Group fix-variabel subordinated bond 2011-2019 will be redeemed at 100 % maturity (30.12.2019).

Payment notes

For the first period (31.06.2011 - 30.06.2013):
fixed interest rate of 5.00 % p. a. For the following periods 3-month Euribor minimum coupon of 4.25 % p. a. and maximum coupon of 7.00 % p.a.


This bond is redeemed on 30.12.2019 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.

Legal note

The content on this page is for informational purposes only for existing investors. This product is not offered for subscription and is not a public offering.



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