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ERSTE USD Stufenzins-Anleihe 21-28


Date: 2024/06/13 18:24:56
Bid Ask
85.952 -
Difference 0.13% (0.11)

General attributes

Type of bondErste Group senior bonds
Bond stylesenior
Issuer typefinancial institution
Country of issueAT
Current coupon1.250%
Coupon stylestep up
Coupon payment date2025/03/03
Coupon payment periodannually
Yield to maturity p.a. (before tax)-
Value date2021/03/03
Repayment value100.00
Minimum unit1,000

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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
  • Step-up coupons from 1.00 % p.a. to 2.00 % p.a. in US Dollar
  • Interest is paid annually
  • Investors can benefit from a stronger US Dollar compared to the Euro
  • Redemption is at 100% in terms of face value in USD at maturity by Erste Group Bank AG
  • The Euro-investors bears the currency risk of US Dollar to Euro, as the bond is listed in US Dollar
  • The redemption at 100 % in US Dollar only applies at maturity (if a USD settlement account exists, the coupon payments and redemptions are in USD, otherwise there ist an automatic conversion to Euro)
  • The investor bears the risk of the issuer (Erste Group Bank AG)
  • During the term price fluctuations are possible, which means that the sale of the bond prior to maturity may result in a loss
  • The coupons are paid in USD, therefore the investor incurs additional costs (by having a foreign currency account or by the conversion to Euro)


The ERSTE USD Stufenzins Anleihe 21-28 has a term of 7 years and offers a coupon payment that steps up during the term from initially 1.00 % p.a. to 2.00 % p.a. in US Dollar (USD). At the end of maturity, the bond is redeemed at 100 % in terms of face value in USD.


Payment notes

This bond initially pays a coupon of 1.00 % p.a., which is then gradually increased in steps to 2.00 % p.a. in US Dollar (USD).


This bond is redeemed on 03/03/2028 at 100 % in US Dollar (USD).

Secondary market

During the term it is possible to sell the product during the trading hours at the exchanges, where the product is listed.



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