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Vienna Stock Exchange: New OMV Bond Is The Largest Austrian Corporate Bond Issue

Date 09/04/2020

Today is the first trading day of three new tranches of an OMV corporate bond on the Vienna Stock Exchange. The 4-year OMV bond yields 1.5% per year, the 8-year bond 2% and the 12-year bond 2.375%. The denomination is EUR 1,000. The issue volume of all three tranches totals EUR 1.75 billion, making this transaction the largest corporate bond issue by an Austrian company on the Vienna Stock Exchange.

2020 strong year for bond listings

With 313 new bond listings, the Vienna Stock Exchange counts twice as many new bonds in the first quarter of 2020 as in the previous year. 229 of the new listings came from international customers. Since March, Banco Bilbao Vizcaya Argentaria (BBVA), the second largest bank in Spain and one of the 50 largest banks worldwide, has listed the bonds of its subsidiary BBVA Global Markets, B.V. on the Vienna Stock Exchange. As of 31 March 2020, 3,868 bonds were listed on the Vienna Stock Exchange, including 2,426 bonds issued by financial institutions, 500 bonds from the public sector (e.g. federal bonds) and 346 corporate bonds.