Kommuninvest today raised SEK 3 billion (USD 0.3 billion) in a new bond, maturing on 2029-03-12, under the Swedish Benchmark Programme.
The new bond is labeled K2903 and will be included in the calendar for the regular auctions of the programme.
The transaction, which had a bid-to-cover ratio of 2.6, was priced 47.8 basis points above mid-swaps and approximately 135 basis points above the corresponding Swedish government bond.
– It was positive to see that this new and slightly longer bond, which is an important addition to the programme, met such strong demand. Having an attractive offering for long-term investors is a key factor in our work to secure cost-efficient loans for investments in the municipal sector in Sweden, says Tobias Landström, Deputy 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
