Kommuninvest today issued USD 1 billion in a new bond, maturing on 2025-03-01, under the USD Benchmark Programme.
Interest for the new bond was strong. The order book included more than 50 investors and bids totalling over USD 2 billion. The bond was priced at 25 basis points above mid-swaps and 17 basis points above corresponding US Treasuries.
This was the second USD transaction of the year. In terms of pricing, the differences between the USD market and the SEK market continue to be small.
– Once again, demand in the market was solid. The order book was large and well diversified, with a clear presence of leading global investors. The favorable dynamics means that we can secure cost-efficient financing of important welfare investments in the Swedish municipal sector, says Christian Ragnartz, Head of Debt Management at Kommuninvest.
Transaction details: Press Points
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
