Kommuninvest issues USD 1.5 billion in new benchmark bond

The new bond matures on 15 August 2028. The order book consisted of around 32 investors, with a total interest of above USD 1.8 billion. The bond was priced at 20 basis points above mid-swaps and 7 basis points above corresponding US Treasuries.

– It is encouraging to once again experience such wide-ranging interest in the USD market. As we work to ensure cost-efficient financing for welfare investments within Sweden’s local government sector, the USD market remains a key component. We are seeing strong and diverse demand from many prominent investors, which has led to yet another robust benchmark transaction, says Viktor Mejman, Funding Manager at Debt Management at Kommuninvest.

Transaction details: Press Points pdf, 193.8 kB, opens in new window.

For further information:

Tobias Landström, Head of Debt Management, phone: +46 70 586 78 51
e-mail: tobias.landstrom@kommuninvest.se

Viktor Mejman, Funding Manager at Debt Management, phone +46 73 805 08 65
e-mail: viktor.mejman@kommuninvest.se

Agnes Kempe, PR- and Communications Specialist, phone: +46 76 771 23 32
e-mail: agnes.kempe@kommuninvest.se