Kommuninvest today raised USD 1 billion in a new bond, maturing on 2025-12-10, under the USD Benchmark Programme.
The order book consisted of 72 investors, with a total interest of above USD 2.6 billion. The bond was priced at 27 basis points above mid-swaps and 31 basis points above corresponding US Treasuries.
This was the first USD transaction of the year. In terms of pricing, the differences between the USD market and the SEK market continue to be small.
– This was a positive start of the year in the USD market. Demand was high and diversified, with a presence of many leading investors. The USD market is very important in our work to secure cost-efficient financing of investments in the municipal sector in Sweden, says Tobias Landström, Deputy 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
