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      Instrument data
      Issuer
      BERLIN, LAND OF
      Senority
      Senior Unsecured
      Currency
      EUR
      ISIN
      DE000A3MQYS5
      Coupon percent
      3.753%
      Coupon type
      Floating: Fixed Margin over Index
      Instrument volume
      100,000,000
      Maturity date
      14/12/2028
      -
      AAA Outlook: Stable
      AAA Outlook: Stable
      Latest change
      New
      28/06/2023
      General information
      Rating
      Public
      Solicited
      With issuer participation
      UK endorsed
      EU Rated
      Julian Zimmermann Lead analyst
      Alvise Lennkh-Yunus Committee chair
      Scope affirms the Land of Berlin's AAA rating with Stable Outlook

      2/6/2023 Rating announcement EN

      Scope affirms the Land of Berlin's AAA rating with Stable Outlook

      A highly integrated institutional framework, track record of fiscal consolidation, prudent liquidity management and a solid economic base support the rating. High debt, limited revenue flexibility and sizeable contingent liabilities are challenges.

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