Kommuninvest issues 6-year bond in SEK

Kommuninvest has issued SEK 3 billion in a new 6-year bond for its Swedish Benchmark Bond programme. The transaction was closed within minutes and met great demand.

The new bond, labelled K2602, matures on February 4, 2026 and was issued at a yield of 0.43 percent, about 67 basis points over the interpolated Swedish government bond curve and about 16,5 basis points above the reference mid-swaps rate.

Following the issue, Kommuninvest has ten outstanding bonds in the Swedish Benchmark Bond programme, maturing annually between 2020 and 2026. The total outstanding volume in the programme amounts to SEK 234 billion.

Kommuninvest’s current forecast for long-term borrowing for 2020 is SEK 140-160 billion. With the issue of K2602, a total of SEK 5,5 billion has been funded to date.

Swedish Benchmark Programme

 

 

 

For further information

Christian Ragnartz
Head of Debt Management
Tel: +46 706 07 38 34
E-mail: 
christian.ragnartz@kommuninvest.se

Tobias Landström
Deputy head of debt management
Tel: 070 586 78 51
E-mail: tobias.landstrom@kommuninvest.se

Björn Bergstrand
Head of Media Relations
Tel: +46 (0)10 470 87 31 alt. +46 70 886 94 76
E-mail: 
bjorn.bergstrand@kommuninvest.se