Investors showed strong interest for Kommuninvest’s 3-year USD benchmark bond issue, finalized in mid-April. Book-building closed within 90 minutes, after investors had placed nearly 1.5 billion of orders.

"For Kommuninvest, this was a record-breaking deal in all respects, attracting the largest book we have ever seen, producing our fastest book-build and seeing the greatest participation from central b...

The board of Kommuninvest of Sweden today announced the 2011 Annual Report.

Follow the link to download the report.

The year in summary• Balance sheet total SEK 234.0 (190.2) billion.• Lending SEK 168.1 (133.7) billion.• Market share 65 (54) percent of members’ borrowing and 44 (35) percent of local government sec...

On 24 February 2012, the Stockholm City Court issued a ruling in the lawsuit between the City of Helsingborg and Kommuninvest i Sverige AB regarding the issuance of two bonds in December 2004. The court dismissed the plaintiff’s claims on all accounts.

In response to the ruling, Tomas Werngren, President and CEO of Kommuninvest, makes the following statement: "I welcome the ruling by the Stockholm City Court, which demonstrates that we acted correc...

As part of its strategy to build a liquid yield curve in municipal bonds, Kommuninvest will issue a new bond – K1405 – on October 12. The bond will be a copy of the Swedish Government Bond 1041 and will have a maturity of 2.6 years. The coupon will be 2.25 per cent and the bond will mature on 5 May, 2014.

– With this new issue, we continue to build the Swedish municipal bond yield curve. K1405 will primarily replace our outstanding bond K1210, whose remaining maturity will soon fall below one year, say...

The first six months in summary:• 2 (5) new members• Balance sheet total SEK 221.4 (190.2) billion• Lending SEK 147.9 (133.7) billion• Operating result 187.3 (195.1) million Comment by Tomas Werngre...

The year in summary• 12 new members • Balance sheet total SEK 190.2 (183.1) billion • Lending SEK 133.7 (123.6) billion • Operating profit SEK 275.7 (335.0) million The President's comments 2010 was a...

Yesterday's issue of a 7-year bond in Kommuninvest's Swedish Benchmark Programme demonstrated faith in the Swedish Local Government Debt Office. A total of SEK 3.1 billion was issued and the bond, labeled K1708, thus achieved benchmark status already on the day of issue.

"This issue will provide Swedish municipalities with access to long-term funding at really competitive pricing", says Pelle Holmertz, Treasurer på Kommuninvest. The issue was fully subscribed within ...

Kommuninvest continues to build volume in its Swedish Benchmark Programme. Due to demand from Kommuninvest’s borrowers, Swedish municipalities and county councils, Kommuninvest has decided to issue a 7-year bond, K1708. The bond will be a copy of the Swedish Government Bond 1051, maturing in august, 2017. The coupon will be 4 per cent.

"An increasing number of municipalities are looking for longer-term funding. We also see solid demand for long-term bonds among investors," says Kommuninvest Treasurer Pelle Holmertz. Kommuninvest see...

Kommuninvest i Sverige AB have today launched and priced the inaugural issues under its newly established benchmark programme.

Total issue size was SEK 15bn, split in two equal tranches. The coupon on the 2 year and 5 year notes are 1.75% and 2.75% respectively. There were strong demand for the bonds and the order books close...

Due to current market volatility, Kommuninvest has decided to postpone the inaugural issues under its new Swedish benchmark programme. The issue was previously planned for the 28th October 2010. Laun...

Kommuninvest i Sverige AB is planning to launch its inaugural bond issue under its newly established Swedish benchmark bond programme. The notes will be of benchmark size, pay a fixed rate coupon and have 2 and 5 year tenors. Total issue size of the first issues are expected to be SEK 15bn. The bonds are expected to be launched on the 28th of October post a roadshow and is subject to market conditions.

-Kommuninvest has grown heavily, not the least post the financial crisis, CEO Tomas Werngren said at the presentation in Stockholm earlier today. We are increasing the number members among Swedish mun...

Moodys today issued its annual credit report for Kommuninvest of Sweden. The summarised Rating rationale argues as follows;

"The Aaa rating of Kommuninvest i Sverige AB, with stable outlook, is underpinned by its strong franchise with a solid and growing market share in lending to its member local governments." The rating...

Standard & Poor’s has issued its annual credit report for Kommuninvest of Sweden. “The ratings on Sweden-based local government funding agency Kommuninvest i Sverige AB reflect Standard & Poor's Ratings Services' positive view of the company's guarantee structure, asset quality, liquidity, matching principles, and market position.” (Source: Standard & Poor`s Global Credit Portal, RatingsDirect, June 30, 2010)

Standard & Poor's has identified a number of strengths for Kommuninvest:Obligations covered by a joint and several guarantee that is signed by allmembers. Excellent asset quality in terms of investme...

On May 27th, Kommuninvest issued its new 3-year Eurodollar bond, continuing to maintain a liquid benchmark curve for its investor base

Click here to read the press release (.pdf)

Kommuninvest i Sverige AB sees great potential in introducing a benchmark-structure bonds programme in Swedish kronor on the Swedish bond market.

At present Kommuninvest largely borrows on the international capital market, but as all lending to member municipalities and county councils is in Swedish kronor, there are clear advantages to also bo...

At the Annual General Meeting of Kommuninvest Cooperative Society, with representatives of 153 member municipalities present, the decision was made to increase Kommuninvest’s capitalisation by SEK 1 billion.

The aim is to be able to continue offering Swedish municipalities and county councils the best possible financing solutions. Since the financial crisis of autumn 2008, Kommuninvest's lending has incre...

The board of Kommuninvest of Sweden today published the financial statement for fiscal year 2009.

The year in summary25 new members Balance sheet total SEK 183.0 (142.7) billion Lending SEK 123.6 (104.7) billion Operating profit SEK 193.7 (75.3) million The President's commentsKommuninvest has enj...

Kommuninvest has issued a new 3-year Eurodollar bond in the international capital markets.

Click here to read the press release (.pdf)

Kommuninvest´s first six months: lending increased by 72 percent.

Kommuninvest, the leading provider of credit to Swedish local and regional governments, today presents its results for the first six months 2009: 16 municipalities became new members. Lending rose by ...