Updated funding forecast for 2021: SEK 120 billion

Kommuninvest has revised its funding forecast for 2021. The long-term funding (maturities longer than one year) is now expected to be SEK 120 billion.

The previous update, to SEK 120-130 billion, was made in June. The initial forecast for the year was set at SEK 120-140 billion.

Funding will, depending on market conditions, be issued in Kommuninvest´s strategic markets: SEK, USD and EUR.

– Many municipalities and regions are currently in a financial situation where liquidity is good and results are relatively strong. This means that the borrowing needs increase at a slower pace and that we, on our side, get a slightly lower lending growth than previously forecasted, says Christian Ragnartz, Head of Debt Management at Kommuninvest.

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: +46 705 86 78 51
E-mail: tobias.landstrom@kommuninvest.se

David Ljung
Head of Communications
Tel: +46 73 068 45 45
E-mail: david.ljung@kommuninvest.se