Press release -
No change to funding forecast
Following an updated analysis, Kommuninvest has decided that the funding forecast for 2024 will remain unchanged.
This means that the volume of long-term funding (maturities longer than one year) is still expected to be SEK 130–150 billion.
As of September 30 2024 Kommuninvest had issued SEK 112 billion.
Funding will, depending on market conditions, be issued in Kommuninvest´s strategic markets: SEK, USD and EUR.
For further information
Tobias Landström, Deputy Head of Debt Management, phone: +46 705 86 78 51
e-mail: tobias.landstrom@kommuninvest.se
Victoria Preger, Chief Communication Officer, phone: +46 70 266 87 26
e-mail: Victoria.preger@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 more than SEK 600 billion (USD ~55 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.
