Kingdom of Sweden issues 3-year dollar benchmark

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/25/2026

1. RNG
2. DECK
3. WDC
4. BMY
5. BYD
6. SPOT
7. WCN
8. TSCO
9. BE
10. SPY

February 7, 2018 1:46 PM EST

Kingdom of Sweden issues USD 3.0 billion (approximately SEK 24 billion) in a new three-year bond at a yield of 2.465 per cent. The proceeds will be used to refinance maturing on-lending to the Riksbank.

The transaction was priced at mid-swaps minus 1 basis point. Over 40 investor took part in the deal with bids totaling USD 4.4 billion.

- Despite volatile markets, demand from investors was significant, says Anna Sjulander, Head of Funding at the Swedish National Debt Office.

Terms and conditions

Issuer Kingdom of Sweden
Size USD 3.0 billion
Coupon 2.375 % s.a.
Maturity date 15 February 2021
Price 99.741 %
Yield 2.465 % s.a.
Spread versus USD mid swaps Minus 1 basis point
Spread versus US benchmark 16.85 basis points
Lead managers Citigroup, Barclays, HSBC

In 2018, the Debt Office plans to issue bonds in foreign currency equivalent to SEK 102 billion. The funding refers to refinancing of bonds previously raised on behalf of the Riksbank. The funding refers to refinancing of bonds previously raised on behalf of the Riksbank. After today's transaction, just over SEK 14 billion remains.

Distribution by investor

Distribution by region

For more information, please contact:
Johan Bergström, Funding manager, +46 8 613 45 68



This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Riksgälden via Globenewswire

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Press Releases

Related Entities

Citi, Barclays, HSBC