Wohnbauanleihen und deren Bedeutung für Gemeinnützige Bauvereinigungen in Österreich

Gerald Koessl ()
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Gerald Koessl: Verband gemeinnütziger Bauvereinigungen (Österreich)

No 2403, CIRIEC Working Papers from CIRIEC - Université de Liège

Abstract: The introduction of housing construction convertible bonds (HCCB) dates back to 1993. HCCB make an important contribution to Austrian housing finance, particularly in multi-storey, limited-profit housing construction. Since their inception, the six active housing construction banks have issued tax-privileged bonds amounting to around EUR 23 billion, which have been used primarily for new construction or renovation activities of limited-profit housing associations. The funds from the housing bonds are therefore not only an important pillar for affordable housing construction, but also lead to lower housing costs due to their interest-reducing effect.

Keywords: Wohnbauanleihen; Wohnbaubanken; Gemeinnützige Bauvereinigungen; Österreich; Anleiheemissionen (search for similar items in EconPapers)
JEL-codes: G21 P13 R31 (search for similar items in EconPapers)
Date: 2024-03
New Economics Papers: this item is included in nep-ger and nep-ure
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Persistent link: https://EconPapers.repec.org/RePEc:crc:wpaper:2403de

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