Sachsische Aufbaubank - Forderbank, established in 1991 and headquartered in Dresden, Germany, is a development bank focused on fostering economic growth in the Free State of Saxony. The bank provides a range of financial services including loans, equity financing, and grants aimed at supporting investments in infrastructure, housing, and innovation within the region.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Sachsische Aufbaubank has actively participated in the bond market, first issuing bonds in 1996 to finance its development projects. Notably, in 2020, the bank issued a €500 million bond with a yield of 0.1%, reflecting strong demand and investor confidence. The bank's bonds often feature a maturity of up to 10 years, providing competitive yields compared to the industry benchmark. Recently, Sachsische Aufbaubank has garnered attention for its green bonds aimed at funding environmentally sustainable projects, further diversifying its issuance strategy.