ÖBB Annual Report 2023

275 Consolidated Financial Statements Österreichische Bundesbahnen-Holding Aktiengesellschaft Consolidated Financial Statements | Group Management Report 57 Of the liabilities to banks, approx. EUR 4,338.3 million (py: approx. EUR 4,088.1 million) relate to financing by the European Investment Bank (EIB). Financial liabilities to the EIB 2023 Remaining term to maturity Fair value in EUR Term Nominal interest rate Effective interest rate Note up to 1 year 200,000,000.00 2009 – 2024 4.40% 4.41% 1 contract 1 to 5 years 940,000,000.00 2006 – 2029 3.58% – 4.81% 3.59% – 4.82% 5 contracts more than 5 years 2,700,000,000.00 2010 – 2049 0.43% – 4.18% 0.43% – 4.19% 13 contracts Total 3,840,000,000.00 19 contracts In the event of changes to the Federal Railways Act, if ÖBB-Infrastruktur AG should sell its assets, the ownership structure changes or the project costs are significantly lower than planned, the EIB must either be informed, additional collateral provided or the EIB is entitled to withhold loans that have not yet been disbursed or demand repayment. Federal guarantees Guarantees from the federal government exist for bonds with a book value of approx. EUR 7,825.1 million (py: approx. EUR 8,823.6 million). Furthermore, liabilities at EUROFIMA with a book value of approx. EUR 387.8 million (py: approx. EUR 732.8 million) are secured by guarantees from the federal government. Bonds issued The bonds with a total nominal value of approx. EUR 7,825.0 million (py: approx. EUR 8,825.0 million) are structured as follows: Fair value Currency Term ISIN Interest rate 100,000,000.00 EUR 2006 – 2036 XS0243862876 2.9900% 100,000,000.00 EUR 2006 – 2036 XS0244522396 2.9900% 100,000,000.00 EUR 2006 – 2036 XS0252697130 3.5000% 50,000,000.00 EUR 2006 – 2036 XS0252721450 3.5000% 100,000,000.00 EUR 2006 – 2036 XS0275973278 3.4900% 80,000,000.00 EUR 2006 – 2036 XS0275974599 3.4900% 100,000,000.00 EUR 2007 – 2037 XS0321318163 4.0000% 100,000,000.00 EUR 2007 – 2037 XS0324893626 4.0000% 50,000,000.00 EUR 2007 – 2037 XS0324895670 4.0000% 100,000,000.00 EUR 2007 – 2037 XS0328866982 4.0000% 50,000,000.00 EUR 2007 – 2037 XS0331427905 4.0000% 50,000,000.00 EUR 2007 – 2037 XS0336043517 3.9900% 50,000,000.00 EUR 2010 – 2030 XS0497430172 4.2100% 70,000,000.00 EUR 2010 – 2030 XS0503724642 4.2000% 100,000,000.00 EUR 2010 – 2030 XS0512125849 3.9000% 1,500,000,000.00 EUR 2010 – 2025 XS0520578096 3.8750% 1,000,000,000.00 EUR 2011 – 2026 XS0691970601 3.5000% 200,000,000.00 EUR 2011 – 2031 XS0717614951 4.0000% 1,350,000,000.00 EUR 2012 – 2032 XS0782697071 3.3750% 75,000,000.00 EUR 2013 – 2033 XS0954197470 2.1250% 1,000,000,000.00 EUR 2013 – 2033 XS0984087204 3.0000% 1,000,000,000.00 EUR 2014 – 2024 XS1138366445 1.0000% 500,000,000.00 EUR 2014 – 2029 XS1071747023 2.2500% In the period from 2005 to 2014, ÖBB-Infrastruktur AG issued a program of Euro Medium Term Notes (EMTN). The payments in respect of the bonds issued under this framework agreement are unconditionally and irrevocably guaranteed by the Republic of Austria. All the bonds listed above were issued by ÖBB-Infrastruktur AG under this program. In 2015, six bonds (approx. USD 108.5 million) were issued, of which three (py: three) in the amount of approx. 65.7 million (py: approx. 63.8 million USD) with CUSIP numbers A5790#AD0 (maturity date 2026), A5790#AE8 (maturity date 2025) and A5790#AF5 (maturity date 2025) are still outstanding. The fair value of these bonds is determined using a measurement model based on observable market data and is therefore allocated to level 2 of the fair value hierarchy (Note 29.5).