Kommuninvest plans to issue new SEK bond

Kommuninvest plans to issue a new bond under the Swedish Benchmark Programme, subject to market conditions. The new bond, K3011, will mature on November 12, 2030. The first possible issuance date is February 11.

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