Kommuninvest today issued USD 1.25 billion in a new bond which matures on 2026-05-12.
Demand from investors was high. The order book consisted of more than 100 investors, with a total interest of USD 3.75 billion. The bond was priced at 31 basis points above mid-swaps and 15 basis points above a US Treasury bond of equivalent maturity.
This was the third USD issue of the year. Following the transaction, Kommuninvest has a total of USD 13 billion outstanding in the USD Benchmark Programme.
– The USD market continues to be very useful for us. With strong interest and a well-diversified order book, this was yet another solid benchmark transaction. The clear focus of our funding operations is always to secure cost-efficient financing of welfare investments in the municipal sector in Sweden, says Erik Rosenberg, Senior Funding Manager at Kommuninvest.
Transaction details: Press Points
For further information
Tobias Landström
Deputy Head of Debt Management
Tel: +46 705 86 78 51
E-mail: tobias.landstrom@kommuninvest.se
Erik Rosenberg
Senior Funding Manager
Tel: +46 10 470 87 03
E-mail: erik.rosenberg@kommuninvest.se
David Ljung
Head of Communications
Tel: +46 73 068 45 45
E-mail: david.ljung@kommuninvest.se
