Stockholm (NordSIP) – Kommuninvest announced it is planning to issue a 7-year bond under the Swedish bond program in the near future, potentially as soon as March 24th, subject to market conditions. In connection with this announcement, the auction in the Swedish bond program planned for March 24 will be cancelled.
“The krona programme is a cornerstone of Kommuninvest’s funding and we continue the long-term work of gradually developing it. A new bond with a slightly longer maturity is in line with the established funding strategy and customer demand,” says Christian Ragnartz, Head of Debt Management at Kommuninvest.
The bond will be named K2805 and matures on May 12th, 2028. Kommuninvest hopes to issue a benchmark-sized bond of SEK3 billion in outstanding volume, during the first trading day.