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15.06.2009

New fixed-interest home building bond from Bank Austria Wohnbaubank AG

Bank Austria Wohnbaubank AG has issued a new fixed-interest home building bond, 4.00% WohnbauAnleihe 2009–2022/4, which has a term of 13 years. The denomination of this continuous issue is EUR 100, with a recommended minimum investment of EUR 1,000.

Investment in home building bonds is eligible for tax benefits. For private investors, interest from home building bonds is exempt from capital gains tax up to an annual amount of 4 percent. There is no limit to the amount that can be purchased and there is no supplementary taxation upon sale. These benefits result in higher net earnings in comparison to bonds that are subject to full taxation.

Home building bonds are taxed at source; this means that they are exempt from income tax. The expenses for the purchase of newly issued bonds can be claimed as special expenses by private investors within legal limits. This requires that the bonds be held for 10 years. The effective yields are therefore dependent on each investor’s income, as well as other circumstances.

3.75% WohnbauAnleihe 2009–2022/3 has been closed.

Enquiries: Bank Austria Press Office Austria
Alexander Tröbinger, Tel. +43 (0) 50505 - 52809
E-mail: alexander.troebinger@unicreditgroup.at

Details about the Issue:

4.00% WohnbauAnleihe 2009–2022/4

ISIN: AT000B074273
Purchase: from 15 June 2009
Issue volume: up to EUR 50 million with the option of issuing additional tranches
Term: 13 years
Coupon: 4.00% p.a. (capital gains tax exempt)
Coupon payments: on 17 June of each year,
for the first time on 17 June 2010
First issue price: 98,75 %
Redemption: on 17 June 2022 at the nominal value
Early redemption: not possible
Denomination: EUR 100 (minimum investment EUR 1,000)

A brochure was published in accordance with §7 KMG on 12 June 2009 and is available free of charge at the registered domicile of Bank Austria Wohnbaubank AG, Lassallestraße 1, A-1020 Vienna.

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