Kommuninvest issues SEK 3 billion in a new Floating Rate Note

Kommuninvest today issued SEK 3 billion (USD 0,3 billion) in a new Floating Rate Note under the Swedish Benchmark Program.

The new bond is labeled F2906 and matures the 27^th of June 2029.

The transaction, which was oversubscribed, was priced 23 basis points above the swap rate and approximately 54 basis points above the corresponding Swedish government bond.

– It was positive to see such a strong investor interest in this new FRN bond F2906. To have the long-term investors onboard is important both for the development of the product and for our ability to secure cost-effective financing of the investments for the municipal sector in Sweden, says Tobias Landström, Acting Head of Debt Management at Kommuninvest.

Transaction details: Press Points

For further information:

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

Marcus Waineby, Senior Funding Manager, 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