Look for:

1.6 % s Wohnbau bond 2018-2033/05


Date: 2019/10/21 18:26:20
Bid Ask
107.802 108.902
Difference 0.00% (0.00)

General attributes

Type of bonds Wohnbaubank fixed bonds
Bond stylesenior
Issuer typeS-Wohnbaubank
Country of issueAT
Current coupon1.600%
Coupon stylefix
Coupon payment date2019/12/06
Coupon payment periodquarterly
Yield to maturity p.a. (before capital gains tax)0.92
Value date2018/11/09
Repayment value100.00
Minimum unit100

PDF Downloads

Final TermsPDF Download
Key Information DocumentPDF Download

Scale: ABS REL         Instrument

Add Benchmark:

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
  • For private investors with unlimited tax liability in Austria interest income of up to 4% is exempt from capital withholding tax.
  • Interest is paid quarterly.
  • The proceeds of this bond are mainly invested in residential housing in Austria.
  • Investors may exchange their s Wohnbau bonds for participation certificates in s Wohnbaubank at a later point in time, should they wish to do so.
  • Change of market interest rates and credit rating of the trustor (Erste Bank der oesterreichischen Sparkassen) or the issuer (s Wohnbaubank) may lead to price fluctuations and capital loss in case of sale before maturity date.
  • The legal basis for special tax treatment may change during the term of the bond.
  • The bond bears a liquidity risk and credit risk of the trustor (Erste Bank der oesterreichischen Sparkassen) and the issuer (s Wohnbaubank).
  • There is no deposit guarantee scheme. Investors are exposed to the risk that the trustor or the issuer 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). A total loss of invested capital is possible.


The s Wohnbaubank fixed-rate bond pays the interest quarterly. The amount of interest paid is fixed and thus independent of development of the interest rates in the capital markets. The bond is redeemed at maturity at nominal value. As a trustor, Erste Bank der oesterreichischen Sparkassen AG is liable to the issuer (trustee) for the interest payments and the redemption at maturity. Interest income from residential convertible bonds of up to 4 % is exempt from capital withholding tax.

Conflicts of interest
Erste Group Bank AG or affiliated companies (collectively "Erste Group") are involved in the share capital of s Wohnbaubank AG. Furthermore employees of Erste Group are in the Supervisory Board of s Wohnbaubank AG. The interests of the Erste Group and those of the bondholders may differ. Erste Group may from time to time have business relationships (e.g. investment, consulting and financial transactions) as part of the ordinary course of business, which may have negative effects on the development of the price of this convertible bond of s Wohnbaubank AG. Erste Group Bank AG is an affiliated company to the intermediary Sparkassen and Erste Bank der oesterreichischen Sparkassen AG.

Payment notes

This bond pays a coupon of 1.60 % p.a., interest is paid on 06/03, 06/06, 06/09 and 06/12 of each year, the first interest payment is on 06/12/2018.


Redemption is on 06/09/2033 at 100 %, if there is no conversion (issuer risk).

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.



In our know-how area you can find all relevant details on the different types of bonds. The tutorial gives you selected information about the functionality of bonds and assists you in making your investment decision. In our glossary we explain the most important keywords and within the FAQ section you can find answers to the most common questions concerning this topic.


Do you have any further questions which are not covered in our know-how area? Please ask directly our product specialists via our contact form.


We use cookies and web analysis software to give you the best possible experience on our website. By continuing to browse this website, you consent for these tools to be used. For more details and how to opt out of these, please read our Data protection policy.


Any information, material and services regarding financial instruments and securities provided by Erste Group Bank AG or any of its affiliates (collectively “Erste Group“) on this and any linked website hereafter (jointly the “Websites”) shall be exclusively to investors who are not subject to any legal sale or purchase restrictions (the “Interested Party“).

The publication and distribution of information as well as offering and selling of products and services described on the Websites is prohibited by law in some jurisdictions. For this reason, persons in countries in which the publication as well as the offering and selling of products and services described on the Websites are not permitted by law, must not enter the Websites and/or acquire the products displayed on the Websites.

Neither Erste Group nor any third party shall offer access to the Websites or offer the products to especially, but not limited to citizen/residents of the United States and “U.S. person” (as defined in Regulation S under the US Securities Act 1933 as amended), citizen/resident of Australia, Canada, Great Britain and Japan. For this reason, the distribution or redistribution of the information, materials and products into United States, Australia, Canada, Great Britain and Japan or into any other jurisdiction where it is not permitted under the applicable law, as well as to the citizens/residents of these countries shall be prohibited.

The securities displayed on the Websites have not been and will not be registered under the US Securities Act of 1933 and trading in the securities has not been approved for purposes of the US Commodities Exchange Act of 1936. For this reason the securities may, inter alia, not be offered, sold or delivered within the United States or, for the account and benefit of U.S. persons.

The Interested Party is solely responsible to examine, whether he may enter the Websites under the law applicable to it. Erste Group shall not be responsible for the distribution of content of any of the Websites to individuals or entities which provide false information about their right to enter the Websites. For this reason Erste Group shall not be liable for any legal claims or damages which may result from the unauthorized entering or reading of the Websites.

By agreeing to this hereto, the Interested Party confirms that
(i) It has read, understood and accepted this Information and the Disclaimer;
(ii) It informed itself about any possible legal restriction and warrants that it is not restricted or prohibited to enter the Websites according to any law applicable; and
(iii) It does not make available the contents of the Websites to any person who is not qualified by law to enter the Websites.