Press release -
Kommuninvest issues USD 1 billion in new benchmark bond
Kommuninvest today raised USD 1 billion in a new benchmark bond maturing on 22nd of October 2025. This was the fifth USD transaction of the year.
The order book included 61 investors and bids totalling more than USD 2.4 billion. The bond was priced at 39 basis points above mid-swaps and 23 basis points above corresponding US Treasuries.
For Kommuninvest, the USD market presents good terms and a pricing at approximately the same level as in the SEK market.
– Investor interest was once again strong. The USD market, with the large and diversified order books that we manage to attract, is very useful to us for the time being. Our focus is to secure as good terms as possible for the financing of the investments that municipalities and regions make in the Swedish welfare system, says Tobias Landström, Deputy Head of Debt Management at Kommuninvest.
Transaction details: Press Points
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 close to SEK 600 billion (USD ~54 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.
