Kommuninvest English

Kommuninvest, which finances Swedish municipalities' and regions' investments, is today publishing the first impact report* for social bonds**. The report includes reported results from the social initiatives financed with Kommuninvest’ s loan product Loan for Social Sustainability up to and including 2024-12-31.

Kommuninvest today completed a tap issue of EUR 250 million (approximately SEK 2.75 billion) in an existing green bond maturing on September 1, 2032 under it´s EMTN programme. This was the second EUR transaction of the year. Investor demand was strong and well diversified, with participation from a broad range of leading investors.

The boards of Kommuninvest AB and Kommuninvest Cooperative Society have appointed Maria Viimne as the new Chief Executive Officer. Maria will start her new position on January 1, 2026, succeeding the outgoing CEO Katarina Ljungqvist.

The quarterly report Local Government Debt Management, which offers a picture of the structure and terms of the local government sector’s total loan debt in Sweden, has now been updated with new data for the third quarter of 2025. The report shows that the average interest rate in the sector remains around 2.5 percent, while capital and interest maturities have decreased slightly compared to the previous quarter.

Following an updated analysis, Kommuninvest has decided that the funding forecast for 2025 will remain unchanged.

Kommuninvest today issued SEK 3 billion (USD 0.32 billion) in a new bond under the Swedish Benchmark Programme.

Kommuninvest plans to issue a new bond under the Swedish Benchmark Programme, subject to market conditions. The new bond, K3105, will mature on May 12, 2031. The first possible issuance date is September 16.

Kommuninvest today issued EUR 0.5 billion (approximately SEK 5.5 billion) in a new green bond maturing on September 1, 2032. This was the first EUR transaction of the year and demand was high and diversified from many leading investors.

Katarina Ljungqvist, CEO of Kommuninvest AB and CEO of Kommuninvest Cooperative Society since April 1, 2023, has announced that she will be leaving her role as CEO. The recruitment process for her successor will start immediately. Katarina will continue in her role as CEO until a new CEO has been recruited.

The quarterly report ”Local Government Debt Management”, which offers a picture of the structure and terms of the local government sector's total loan debt in Sweden, has now been updated with new data for the second quarter of 2025. The average interest rate in the sector rose by 10 basis points – from 2.32 to 2.42 percent – despite a continued preference for short-term borrowing in parts of the sector.

Following an updated analysis, Kommuninvest has decided that the funding forecast for 2025 will remain unchanged.

Kommuninvest today issued USD 1.25 billion (approximately SEK 12 billion) in a new bond maturing on November 29, 2028. This was the third USD transaction of the year and demand was high and diversified from many leading investors.

The quarterly report "Local Government Debt Management", which offers a picture of the structure and terms of the local government sector's total loan debt in Sweden, has now been updated with new data for the first quarter of 2025. The average interest rate continued to decline in the sector – for the third consecutive quarter – despite a rise in the cost of new borrowing.

Kommuninvest today raised another SEK 4.75 billion (USD 0.5 billion) in an outstanding Green Bond. This was the first green transaction this year. The bond is denominated in SEK and matures on June 18, 2031.

Following an updated analysis, Kommuninvest has decided that the funding forecast for 2025 will remain unchanged.

Kommuninvest today publishes its annual Green Bonds Impact Report for 2024. According to this year's report, the number of environmental and climate-oriented investments financed with Green Loans from Kommuninvest continues to increase. The impact report for 2024 includes 683* municipal investment projects financed with Green Loans, an increase of 77 projects compared to the previous year. The investment projects contribute to approximately 490,000 tonnes in reduced CO2 emissions annually.

Kommuninvest is taking a significant step in its work towards social sustainability by issuing our first social bond. The bond, which has a maturity of just over three years and matures on September 1, 2028, received strong investor demand. 18 investors participated amounting to more than SEK 5 billion of interest. Kommuninvest allocated SEK 3 billion with a coupon of 2.625% and a spread to MS +15. The transaction was issued together with Danske Bank, SEB, and Swedbank as Joint Lead Managers.

Kommuninvest is taking a significant step in its work towards social sustainability by launching our first social bond. The bond, which has a long three-year maturity with fixed interest rate and maturing on September 1, 2028, will be presented to investors on March 25, with the support of Danske Bank, SEB, and Swedbank as Joint Lead Managers. The bond aims to finance projects with specific social goals and strengthen our commitment to a social sustainable development.

Kommuninvest today issued USD 1.25 billion (approximately SEK 12.5 billion) in a new bond maturing on April 21, 2027. This was the first USD transaction of the year and demand was high and diversified from many leading investors. The order book consisted of over 45 investors, with a total interest of above USD 2.5 billion. The bond was priced at 31 basis points above mid-swaps and 15 basis points above corresponding US Treasuries. – Kommuninvest continue to show presence in the USD market, with strong and diversified demand from many leading investors. The USD market is crucial in our efforts to secure cost-effective financing for investments in the Swedish municipal sector, says Viktor Mejman, Funding Manager at Debt Management at Kommuninvest. Transaction details: Press Points For further information: Tobias Landström, Head of Debt Management, phone: +46 70 586 78 51 e-mail: tobias.landstrom@kommuninvest.se Viktor Mejman, Funding Manager at Debt Management, phone +46 73 805 08 65 e-m

Kommuninvest today issued SEK 3 billion (USD 0.27 billion) in a new bond under the Swedish Benchmark Program. The new bond, labeled K3011, matures on November 12, 2030, and will be added to the calendar for the program’s weekly auctions. The transaction, which had a bid-to-cover ratio of 2.85, was priced 30.56 basis points above mid-swaps and approximately 58 basis points above the corresponding Swedish government bond. – Having long-term investors on board is important both for the development of the program and for our ability to secure cost-effective financing for the municipal sector’s investments in Sweden, says Tobias Landström, Head of Debt Management at Kommuninvest. 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 of 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-mai