Funding programmes
Kommuninvest maintains a high presence in the capital market through weekly auctions under the Swedish benchmark program and several syndicated benchmark issues continuously during the year.
A key factor for Kommuninvest's success is to communicate and implement a transparent and predictable financing strategy.
Borrowing with maturities of more than 12 months is made to meet the demand from Kommuninvest's members. These issues are made in the currencies SEK, USD and EUR, in either green or conventional format.
Financing shorter than 12 months is mainly used to finance the liquidity reserve and to manage collateral flows.
Short-term funding | Long-term funding | ||||
|---|---|---|---|---|---|
Programme | Euro-Commercial Paper (STEP label) | Swedish Certificate program | Euro Medium Term Note | Sek Funding | |
EUR/USD Benchmark | Green Bonds | Swedish Benchmark program | |||
| Capacity | EUR 10 bn | SEK 50 bn | Unlimited | Unlimited | Unlimited |
| Retailers | Barclays, BofA, BNP Paribas, Citigroup, Crédit Agricole CIB, ING, JP Morgan, Nomura, Rabobank, UBS | Danske Bank, DNB, Handelsbanken, Nordea, SEB, Swedbank | Barclays, BNP Paribas, Citigroup, Crédit Agricole CIB, Danske bank, JP Morgan, Nomura, TD Securities, Bank of America, Nordea, SEB, Handelsbanken, Swedbank | Barclays, BNP Paribas, Citigroup, Crédit Agricole Danske bank, JP Morgan, Nomura, TD Securities, Bank of America, Nordea, SEB, Handelsbanken, Swedbank | Barclays, Danske Bank, Nordea, SEB, Handelsbanken, Swedbank |
Rating | P-1 (Moody's) | No rating | AAA (S&P), Aaa (Moody's) | AAA (S&P), Aaa (Moody's) | AAA (S&P), Aaa (Moody's) |
Currencies | EUR, USD, SEK, CHF, GBP | SEK, EUR | EUR, USD | SEK, EUR, USD | SEK |
Outstanding bonds and final terms
Here you will find more information about the Swedish benchmark program with weekly auctions and calendar for our auctions. You will also find links to more information about our other funding programs, the USD benchmark program, the EUR benchmark program and information about our work with green bonds.