Kommuninvest today issued USD 1,25 billion in a new bond which matures on 2025-04-16.
The order book consisted of 84 investors, with a total interest of USD 3,9 billion. The bond was priced at 28 basis points above mid-swaps and 40 basis points above corresponding US Treasuries.
– The USD market is very important in our work to secure cost-effective financing of welfare investments in the Swedish local government sector. We continue to meet strong investor interest and we had a well-diversified order book, which resulted in another solid benchmark transaction, says Senior Funding Manager at Kommuninvest.
This was the fourth USD issue of the year. Following the transaction, Kommuninvest has a total of USD 14,25 billion outstanding in the USD Benchmark Programme.
Transaction details: Press Points
For further information:
Tobias Landström, Deputy Head of Debt Management
Phone: +46 705 86 78 51
E-mail: tobias.landstrom@kommuninvest.se
Erik Rosenberg, Senior Funding Manager
Phone: +46 10 470 87 03
E-mail: erik.rosenberg@kommuninvest.se
Victoria Preger, Chief Communication Officer
Phone: +46 702 66 87 26
E-mail: victoria.preger@kommuninvest.se
