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.

– By introducing this new and slightly longer bond, we are taking another step forward in the development of the Swedish Benchmark Programme. It creates broader 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

Agnes Kempe, PR- and Communications Specialist, phone: +46 76 771 23 32
e-mail: agnes.kempe@kommuninvest.se