International Issues
Rentenbank's debt is zero risk-weighted under the Credit Risk Standardized Approach (CRSA).
Rentenbank raises funds primarily in the international debt capital markets. In addition to the various debt issuing programmes, we also issue debt securities using stand-alone documentation.
Global Bonds and Notes
- SEC-registration, enables world-wide placement
- senior unsecured notes
- all major currencies (so far only USD)
- in general listing in Luxembourg
- all maturities
- ECB-eligible (if issued in Euro, listed and rated)
Euro Medium Term Notes (EMTN)
- issued off a debt issuance programme (current ceiling: EUR 70 bn)
- senior unsecured, or subordinated notes * all major currencies
- in general listing in Luxembourg
- all maturities
- ECB-eligible (if issued in Euro, listed and rated)
- € 70 billion Euro Medium Term Note Programme (EMTN)
Euro Commercial Paper (ECP)
- issued off a debt issuance programme (current ceiling: EUR 20 bn)
- senior unsecured notes
- all major currencies
- 1 to 364 days maturity
- unlisted, not ECB-eligible
AUD Domestic Medium Term Note Programme
- issued off a debt issuance programme (current ceiling: AUD 15 bn)
- senior unsecured notes
- Currency: only Australian Dollar
- generally unlisted
- all maturities
- not ECB-eligible
Loan Agreemants
- unlisted, not ECB-eligible
- senior unsecured or subordinated
- all maturities
