We have published an updated funding forecast for 2019

We have published an updated funding forecast for the 2019 calendar year, for funding longer than 1-year duration. The forecast is unchanged at SEK 120-140 billion, however with an expectation of an outcome in the higher part of the interval as a result of solid lending growth. As of 30 September, we have borrowed the equivalent of SEK 105 billion in long-term funding.

Long-term funding will continue to have a focus on benchmark funding in SEK and USD, including green funding. We have also decided to include benchmark funding in EUR as a strategic market going forward. The timing for this will depend on market conditions.

More than half of the Swedish external loan debt in the municipal sector is currently financed via us. We continue to grow as a result of a larger market share, more members 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