We revised the outlook to stable from negative and affirmed our 'AA+/A-1+' long- and short-term sovereign credit ratings on the Republic of Austria on Jan. 29, 2013. Under our methodology applicable to government-related entities (GREs), we equalize the ratings on GREs with their related sovereign when we believe there is an "almost certain" likelihood that they would receive timely and sufficient extraordinary support from the respective sovereign. Consequently, we are revising our outlooks on five Austrian GREs to stable from negative and affirming our ratings on these GREs. The stable outlooks reflect our outlook on Austria. We also factor in our view that significant changes to government support for these GREs or the legal framework governing their operations are highly
