Bundes Immobilien Gesellschaft, the Austrian government-owned federal real estate entity, has signed a euro1 billion ($898.49 billion) Euro-CP facility. Deutsche Bank is the arranger. The dealers are Bank Austria Creditanstalt, Credit Suisse First Boston, Citibank, Deutsche Bank, RZB and Raiffeisen Landesbank Oberosterreich. The issuer is 100% state owned and is rated P1 by Moody's. It has a Moody's long-term rating of Aaa. It is the first Austrian issuer to sign in the Euro-CP market in 2001. Last year two signed: Erste Bank der Oesterreichischen Sparkassen with a euro1 billion Euro-CP shelf via Morgan Stanley, and Oesterreichische Kontrollbank with a euro10 billion Euro-CP shelf via Goldman Sachs.
December 14, 2001