Kommuninvest today issued EUR 1 billion (approximately SEK 10.7 billion) in a new bond maturing on July 3, 2029. This was the first EUR transaction of the year and demand was high and diversified from many leading investors.
The order book consisted of over 90 investors, with a total interest of above EUR 4 billion. The bond was priced at 5 basis points above mid-swaps.
– This year started positively in the EUR market, with strong and diversified demand from many leading investors. The EUR market is crucial in our efforts to secure cost-effective financing for investments in the Swedish municipal sector, says Marcus Waineby, Team Lead Debt Management at Kommuninvest.
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