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Vision and basic concept

Our vision

Kommuninvest shall be the world’s best organisation for local government financial administration. We finance the development of Sweden’s local and regional sectors, as well as investments for a sound and sustainable society.

The idea behind Kommuninvest

Kommuninvest first saw the light of day in the 1980s when, despite having strong credit ratings, many municipalities had to pay dearly for their loans. These circumstances gave rise to notions of local government financial cooperation. By joining forces, there was scope for better loan terms than if each authority acted on its own.

Voluntary collaboration forms the foundation of our business. Through this collaboration we have succeeded in achieving far more than simply favourable loans to our members. With Kommuninvest, individual municipalities and regions also gained access to a new source of funding. If one source was to suddenly run into difficulty, an alternative now existed. The fact that members can always rely on Kommuninvest to provide credit is one of the greatest benefits of the operations.

Kommuninvest’s high creditworthiness builds on the fundamental creditworthiness of the Swedish local government sector and the fact that all members have undertaken to jointly and severally accept liability for Kommuninvest’s obligations. However, there have never been any such credit losses in the operations since Kommuninvest’s inception. Consequently, Kommuninvest has the highest possible ratings from credit rating agencies Moody’s and Standard & Poor’s.

Today, Kommuninvest, by providing inexpensive financing, accounts for around 58 percent of the Swedish local government sector’s borrowing.

Our history

How we became the largest lender to the Swedish local government sector.


The dynamics underpinning the exceptionally good creditworthiness.