The transaction was priced at mid-swaps minus 6 basis points and is the first European sovereign issue in dollar this year. Over 40 investors took part in the deal.
- Despite a significant volatility in the fixed income and FX markets as well weakness in equities, we could price flat to our secondary curve, says Maria Norström, Head of Funding.
Terms and conditions
| Issuer | Kingdom of Sweden |
| Size | USD 2.5 billion |
| Coupon | 0.875 % s.a. |
| Maturity date | 23 Jan 2018 |
| Price | 99.743 % |
| Yield | 0.962 % s.a. |
| Spread versus USD mid swaps | Minus 6 basis points |
| Spread versus US benchmark | 15.3 basis points |
| Lead managers | Barclays, Citigroup, Nordea |
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.
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 NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX 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
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
HUG#1887495
