The EBRD's very strong capital position, prudent financial management, ample liquidity and strong shareholder support underpin the EBRD’s AAA/Aaa/AAA (stable) credit rating.
The Offering Circular for the European Bank for Reconstruction and Development EUR 45,000,000,000 Global Medium Term Note Programme (GMTN Programme) is provided for general information purposes only and is directed only to licensed financial intermediaries. It does not constitute an offer or invitation by or on behalf of the EBRD to any person to subscribe for or to purchase any securities that may be issued under the GMTN Programme.
The EBRD has established a reputation as a flexible issuer providing debt products that suit the individual needs of investors. The Bank's funding activities in the capital markets therefore combine a strategic focus, with innovation, and the EBRD's strong credit to make EBRD's bonds today's investment of choice.