Kommuninvest plans to issue new SEK bond

The bond will be issued through an auction on Bloomberg’s auction platform (AUPD), with the ambition to issue SEK 3 billion.

– This new and slightly longer bond is a good step forward in the development of the Swedish Benchmark Programme. By adding this new bond, we create expanded opportunities for investors with a long-term perspective, says Tobias Landström, Head of Debt Management at Kommuninvest.

On the issuance day, the auction will start at 09:00 CET. Bids will be placed as a spread against the matched maturity swap, expressed in basis points. Bids are submitted via dealers in the Swedish Benchmark programme. The auction will close at 10:00.

Kommuninvest has no obligation to issue the full indicated volume and reserves the right to reject bids deemed unnecessarily expensive. There are no absolute rules for rejection. In a volatile and uncertain market, larger deviations from indicative market prices may be accepted.

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

Marcus Waineby, Team Lead Debt Management, phone: +46 70 696 77 69
e-mail: marcus.waineby@kommuninvest.se

Victoria Preger, Chief Communication Officer, phone: +46 70 266 87 26
e-mail: victoria.preger@kommuninvest.se