We have published an updated funding forecast for the 2019 calendar year, for funding longer than 1-year duration. The forecast is revised upwards to SEK 120-140 billion (USD 13-15 billion), due to continued solid lending growth.
Continued good demand for Green Loans from our members means that we reaffirm our expectation to increase green bonds issuance from one to two times a year to up to once a quarter. As of 30 June, we had borrowed the equivalent of SEK 75 billion in long-term funding.
Long-term funding will continue to have a focus on benchmark funding in SEK and USD, including green funding, as well as Uridashi funding in the Japanese market.
Of the SEK 640 billion in Swedish municipal sector external loan debt, more than half is currently financed via Kommuninvest. We continue to grow as a result of a larger market share and the increased welfare investments by Swedish municipalities and regions.
For further information
Christian Ragnartz
Head of Debt Management
tel: +46 706 073 834
e-mail: christian.ragnartz@kommuninvest.se
Björn Bergstrand
Head of Media Relations
+46 708 869 476
e-mail: bjorn.bergstrand@kommuninvest.se
