Kingdom of Sweden lends EUR 1.5 billion to the Riksbank
(Thomson Reuters ONE) -
Kingdom of Sweden issues EUR 1.5 billion (approximately SEK 14 billion) in a new
five-year bond at a yield of 0.076 per cent. The proceeds will be used to
refinance maturing on-lending to the Riksbank.
The order book was quickly oversubscribed with a volume exceeding EUR 3.6
billion. Over 60 investors primarily from Europe and Asia took part in the deal.
The transaction was priced at mid-swaps minus 24 basis points and has the
lowest-ever coupon for a sovereign syndication in EUR.
Terms and conditions
+---------------------------+--------------------------------------------------+
|Issuer |Kingdom of Sweden |
+---------------------------+--------------------------------------------------+
|Size |EUR 1.5 billion |
+---------------------------+--------------------------------------------------+
|Coupon |0.050 % p.a. |
+---------------------------+--------------------------------------------------+
|Maturity date |12 Feb 2020 |
+---------------------------+--------------------------------------------------+
|Price |99.870 % |
+---------------------------+--------------------------------------------------+
|Yield |0.076 % p.a. |
+---------------------------+--------------------------------------------------+
|Spread versus EUR mid swaps|Minus 24 basis points |
+---------------------------+--------------------------------------------------+
|Spread versus EUR benchmark|10.8 basis points |
+---------------------------+--------------------------------------------------+
|Lead managers |Danske Bank, Deutsche Bank och Goldman Sachs |
| |International |
+---------------------------+--------------------------------------------------+
In 2015, the Debt Office plans to issue foreign currency bonds equivalent to SEK
97 billion. The volume includes refinancing of on-lending to the Riksbank
equivalent to SEK 57 billion. The balance after today's issue is around SEK 63
billion.
Distribution by investor and region
For more information, please contact:
Anna Sjulander, Deputy Head of Funding, +46 8 613 47 77
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Riksgälden via GlobeNewswire
[HUG#1892293]
Unternehmensinformation / Kurzprofil:
Datum: 05.02.2015 - 17:40 Uhr
Sprache: Deutsch
News-ID 369586
Anzahl Zeichen: 3322
contact information:
Town:
Stockholm
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 139 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Kingdom of Sweden lends EUR 1.5 billion to the Riksbank"
steht unter der journalistisch-redaktionellen Verantwortung von
Riksgälden (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
