Kommuninvest today issued SEK 3 billion (USD 0.3 billion) in a new bond under the Swedish Benchmark Programme.
The new bond is labeled K2911 and matures on 2029-11-12. It will be added to the calendar for the weekly auctions of the programme.
The transaction, which had a bid-to-cover ratio of 3.43, was priced 51.25 basis points above mid-swaps and approximately 105 basis points above the corresponding Swedish government bond.
– It was positive to see such a strong investor interest in this new bond. To have the long-term investors onboard is important both for the development of the programme and for our ability to secure cost-effective financing of the investments of 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
