Erste Abwicklungsanstalt, established in 2015 and headquartered in Vienna, Austria, serves as a wind-down institution primarily focused on the orderly resolution of failing banks and financial institutions. The company was initiated to manage and minimize the taxpayer burden associated with bank resolutions, positioning itself as a crucial player in the stability of the Austrian banking sector. Erste Abwicklungsanstalt offers services that include asset management and handling of non-performing loans.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| ERSTAA 2.88% 2027-03-01 EURErste Abwicklungsanstalt | Germany | 2027-03-01 | 2.875 | 2.16 |
| ERSTAA 3.13% 2026-06-22 EURErste Abwicklungsanstalt | Germany | 2026-06-22 | 3.125 | 2.12 |
| ERSTAA 4.38% 2026-02-17 USDErste Abwicklungsanstalt | Germany | 2026-02-17 | 4.375 | 4.31 |
| ERSTAA 5.25% 2026-10-26 USDErste Abwicklungsanstalt | Germany | 2026-10-26 | 5.250 | 3.89 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Erste Abwicklungsanstalt has actively engaged in the bond market, starting with its first bond issuance in 2016. The institution has issued various bonds to finance its operations, often linked to the management of distressed assets acquired during bank resolutions. Notably, its bonds have featured attractive yields compared to industry averages, appealing to retail investors. In 2022, Erste Abwicklungsanstalt issued a significant bond series with unique embedded options, fostering investor interest and solidifying its presence in the financial markets despite ongoing economic challenges.