Kommuninvest today issued SEK 3 billion (USD 0.34 billion) in a new 6-year bond under the Swedish Benchmark Programme. The bond (K2706) matures on the 15th of June 2027.
The transaction, which had a bid-to-cover ratio of 4.3, was priced 4.8 basis points above mid-swaps and 54 basis points above the corresponding Swedish government bond.
The new bond will be included in the calendar for the regular auctions in the Swedish Benchmark Programme.
– This was a positive step forward in the development of our SEK funding. The new bond met strong demand and will be an important addition to the programme. The favourable dynamics makes it easier for us to deliver on our mission: cost-efficient financing for welfare investments, says Christian Ragnartz, Head of Debt Management at Kommuninvest.
For further information
Head of Debt Management
Tel: +46 706 07 38 34
Deputy Head of Debt Management
Tel: +46 705 86 78 51
Head of Communications
Tel: +46 73 068 45 45