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
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