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.

– With this new bond, we continue to strengthen and further develop the Swedish Benchmark Programme. It provides broader opportunities for investors looking to extend their investments in the municipal sector, 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

Viktor Mejman, Debt Manager, phone: +46 73 805 08 65
e-mail: viktor.mejman@kommuninvest.se

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