Austria

Austria launched ultra-long Bond, 100-year

Austria is set to raise 100-year debt in the latest indication of hot investor demand for long-dated sovereign bonds. It aims to raise at least €1bn; bids from potential investors have topped €11bn, dealmakers say.
A successful sale would demonstrate that demand for super-long bonds, whose prices are extremely sensitive to interest rate changes, remains solid even as central banks start winding down their crisis-era stimulus measures.

Continue reading

EasyJet: new company in Austria to fly in Europe after Brexit

British airline EasyJet said Friday it had applied for a new air operator’s certificate in Austria to allow it to continue flying in the European Union after Brexit regardless of the outcome of negotiations.

The application "will allow easyJet to establish a new airline, easyJet Europe, which will be headquartered in Vienna and will enable easyJet to continue to operate flights both across Europe and domestically within European countries after the UK has left the EU," it said in a statement.

Continue reading