Kommuninvest launches K2602, a new bond in its Swedish Benchmark Programme

24 January 2020

Kommuninvest will shortly, market conditions permitting, issue a new bond under its Swedish Benchmark Programme. The bond, labelled K2602, will mature on 4 February 2026. Kommuninvest targets benchmark status for K2602, equivalent to SEK 3 billion outstanding on the first day of trading. Final terms are to be established shortly.

Kommuninvest finances more than 50 percent of the total external borrowings of Swedish local governments, with a substantial part of its own funding undertaken in its Swedish Benchmark Programme. The current outstanding volume in the Programme is SEK 231 billion in nine bonds.

– We continue to build the Swedish benchmark bond programme, a now well-established part of the Swedish fixed income market. The focus remains on transparency, predictability and, as far as possible, flexibility towards investors, says Christian Ragnartz, Head of Debt management.

Kommuninvests Swedish Benchmark Programme is the joint capital markets funding programme for municipalities and regions. Kommuninvest focus on a few markets in order to achive as efficient funding as possible for municipal and regional investments.

Kommuninvest’s current long-term funding forecast for 2020 is SEK 140-160 billion.

Swedish Benchmark Programme

Privacy and terms

Learn more about how we collect, store, use and disclose your personal data when you interact with us.

This Disclaimer is defined according to the European Regulation act of General Data Protection Regulation (2016/679).

What data do we process when you visit this site?

Why do we use your data?

We use this data for the purposes described in our policy, which include:

Learn more here https://eapb.eu/disclaimer.html

I agree View more about our privacy policy