Investor information
Diversified exposure to the Swedish local government sector – AAA/Aaa, LCR Level 1, zero risk weight
Value and security for AAA investors
- Explicit, irrevocable, unlimited, joint and several guarantee from owners.
- BIS 0% risk-weighted
- Regulated by the Swedish FSA. Securities issued by Kommuninvest equal to government risk. (FSA clarification on website).
Together for better loan terms
Kommuninvest has the highest possible credit rating from both international credit rating institutions – Moody’s and Standard & Poor’s.
Sustainability
Our sustainability work is guided by the mandate conferred on us by the members of the Kommuninvest Cooperative Society and expressed in our vision: “to finance the development of Sweden’s local and regional sectors, as well as investments for a sound and sustainable society.”
Explicit & unlimited guarantee from members
Strong
- Municipalities and county councils cannot be declared bankrupt and cannot cease to exist
Stabile
- No Swedish local government has ever defaulted on a payment commitment
Immeditaley enforcable
- Investors can make a claim on any, or all, of the guarantors without a court order
Key ratios
Total funding 2018-12-31
397,4
SEK billion
.
.
Funding needs 2020
140-160
SEK billion
An outcome in the higher part of the interval is expected.
Forecast dated 18 December 2019.
Liquidity reserve 2018-12-31
47,3
SEK billion
.
.
Long term funding 2019
per month and currency
[hichart type=’column’ title=” subtitle=” xaxis=” xaxismargin=” tickintervalx=” yaxis=’mdkr’ yaxis2=’%’ yaxismargin=” hidedatalabels=” hidedatalabelsy=” hidelegends=” combinedatalabels=” chartheight=’500′ chartsize=’100%’ chartinnersize=” description=” stacking=’true’ yaxismax=’700′ yaxis2max=’20’]
| Låneskuld i mdkr | |Låneskuld som andel av BNP | |
| 07 | 335,8896 | 10% |
| 08 | 347,6845 | 10% |
| 09 | 361,792463 | 11% |
| 10 | 389,513947 | 11% |
| 11 | 430,338923 | 12% |
| 12 | 459,711221 | 12% |
| 13 | 481,448673 | 13% |
| 14 | 512,992769 | 13% |
| 15 | 555,304786 | 13% |
| 16 | 575,527333 | 13% |
| 17 | 602 | 13% |
| 18 | 656 | 13,7% |
[/hichart]
Medlemsutveckling
Från 2007 till 2018. Medlemskapet i Kommuninvest är begränsat till kommuner och landsting. Av 310 möjliga medlemmar är 288 medlemmar i Kommuninvest (20191231).
[hichart type=’column’ title=” subtitle=” xaxis=” xaxismargin=” tickintervalx=” yaxis=’mdkr’ yaxismargin=” hidedatalabels=” hidedatalabelsy=” hidelegends=” combinedatalabels=” chartheight=’500′ chartsize=’100%’ chartinnersize=” description=” stacking=’true’ yaxismax=’700′]
| Medlemmar | |
| 07 | 335,8896 |
| 08 | 347,6845 |
| 09 | 361,792463 |
| 10 | 389,513947 |
| 11 | 430,338923 |
| 12 | 459,711221 |
| 13 | 481,448673 |
| 14 | 512,992769 |
| 15 | 555,304786 |
| 16 | 575,527333 |
| 17 | 602 |
| 18 | 656 |
[/hichart]
Constitutional System
Swedish constitution – Instrument of Government
Art 1 Swedish democracy is founded on the free formation of opinion and on universal and equal suffrage. It shall be realized through a representative and parliamentary polity and through local self-government.
Art 7 Sweden has local authorities at local and regional level.
Chapter 14, Art 4 The local authorities may levy tax for the management of their affairs.
Årsredovisning 2018
Kommuninvest i Sverige AB
Årsredovisningar
Delårsrapport
Kommuninvest i Sverige AB
Årsredovisningar
Årsredovisning 2018
Kommuninvest ekonomisk förening
Årsredovisningar
Hållbarhetsrapport 2018
