Funding forecast 2026: SEK 150-170 billion
18 December 2025The funding forecast for 2026 has been set to SEK 150-170 billion. The funding will be carried out in a balanced way in Kommuninvest’s strategic currencies: SEK, EUR and USD, with maturities reflecting customer demand. Furthermore, growth in Kommuninvest’s social and green lending remains strong, creating opportunities for both green and social bond issuance by Kommuninvest in 2026.
Our estimated funding requirement is based on upcoming bond maturities and expected lending growth. As we enter 2026, we face approximately SEK 130 billion in bond maturities that need to be refinanced. In addition, we anticipate positive lending growth, close to the sector’s projected growth in loan financing of 3.5 procent. Market movements also affect our liquidity requirement through cash collateral flows. We do not forecast these flows but they contribute to increased uncertainty.
- Our goal is for Kommuninvest’s funding to promote sustainable development in society while creating long-term value for both investors and clients. We are grateful for our broad investor base that supports Kommuninvest’s mission across our three strategic markets. With that strength we look forward to the coming year with confidence, says Tobias Landström, Head of Debt Management.
For more information
Tobias Landström, Head of Debt Management
Tel: +46 70-586 78 51, E-post: tobias.landstrom@kommuninvest.se
Märta Petrini, Senior analyst and IR
Tel: +46 70-557 72 57, E-post: marta.petrini@kommuninvest.se