Press release -
Funding forecast for 2022: SEK 115–135 billion
Kommuninvest has established its funding forecast for 2022. Long-term funding (maturities longer than one year) is expected to be SEK 115–135 billion.
Funding will, depending on market conditions, be done in Kommuninvest´s strategic markets: SEK, USD and EUR. The intention is that Green Bonds will be issued in all three markets, depending on green lending.
– Many municipalities and regions are in a strong financial position. We expect investments and borrowing volumes to grow in 2022, at the same pace as this year. There are uncertainties linked to the recovery and Covid-19, as well as to the implementation of the risk tax. Therefore the span is unchanged in the forecast, says Christian Ragnartz, Head of Debt Management at Kommuninvest.
For further information
Christian Ragnartz, Head of Debt Management, tel: +46 706 07 38 34, e-mail: christian.ragnartz@kommuninvest.se
Tobias Landström, Deputy Head of Debt Management, tel: +46 705 86 78 51, e-mail: tobias.landstrom@kommuninvest.se
David Ljung, Head of Communications, tel: +46 73 068 45 45, e-mail: david.ljung@kommuninvest.se
Topics
Kommuninvest is a municipal cooperation for efficient and sustainable financing of housing, infrastructure, schools, hospitals etc. Together we get better loan terms than each one individually. Since the start in 1986, the Kommuninvest collaboration has helped reduce the local government sector’s borrowing costs by many billion SEK. Currently, 294 municipalities and regions are members of this voluntary cooperation. With a balance sheet total of approx. SEK 550 billion (USD ~63 billion), Kommuninvest is the largest lender to the local government sector and one of the ten largest credit institutions in Sweden. The head office is located in Örebro.
