Oberoesterreichische Landesbank AG Public Sector Covered Bond Program Assigned 'AA+' Rating

We assigned our 'AA+' ratings to Oberoesterreichische Landesbank AG's public sector covered bond program and related issuances. The stable outlook on the ratings reflects the outlook on our long-term ICR on Oberoesterreichische Landesbank AG. FRANKFURT (S&P Global Ratings) March 23, 2023--S&P Global Ratings assigned its 'AA+' credit ratings to Oberoesterreichische Landesbank AG's (HYPO OOE) public sector covered bond program and related issuances. The outlook on the ratings is stable. Our covered bond ratings process follows the methodology and assumptions outlined in our covered bonds criteria, and our covered bond ratings framework criteria (see "Related Criteria"). HYPO OOE's public sector covered bond program is governed by the Austrian Covered Bond Act (CBA). Covered bonds issued before July 8, 2022, are grandfathered

...- We assigned our '##+' ratings to Oberoesterreichische Landesbank AG's public sector covered bond program and related issuances. - The stable outlook on the ratings reflects the outlook on our long-term ICR on Oberoesterreichische Landesbank AG. FRANKFURT (S&P Global Ratings) March 23, 2023--S&P Global Ratings assigned its '##+' credit ratings to Oberoesterreichische Landesbank AG's (HYPO OOE) public sector covered bond program and related issuances. The outlook on the ratings is stable. Our covered bond ratings process follows the methodology and assumptions outlined in our covered bonds criteria, and our covered bond ratings framework criteria (see "Related Criteria"). HYPO OOE's public sector covered bond program is governed by the Austrian Covered Bond Act (CBA). Covered bonds issued before July 8, 2022, are grandfathered under the previous legislation. We consider the Austrian legal and regulatory framework to effectively isolate the cover pool assets for the covered bondholders'...

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