SEK in the news

  • KfW and SEK score in sterling despite tricky conditions

    KfW and Swedish Export Credit Corporation (SEK) achieved strong results in sterling on Tuesday despite extremely volatile conditions in the currency as a result of uncertainty around the impact of Brexit and the rising cases of coronavirus in the UK, which has affected swap spreads and the cross-currency basis swap for non-UK borrowers.

    • 05 Jan 2021
  • Funding scorecard: Nordic agencies

    This week's scorecard looks at the progress Nordic agencies have made in their 2020 funding programmes in mid-December, with some issuers also setting their targets for 2021.

    • 11 Dec 2020
  • Funding scorecard: Nordic agencies

    This week's scorecard looks at the progress Nordic agencies have made in their 2020 funding programmes at the end of October.

    • 30 Oct 2020
  • SSA secondary pricing update: OTFT dual tranche performs strongly

    Trading levels given are bid-side spreads versus mid-swaps and/or an underlying benchmark and bid-yields from the close of business on Monday, September 28. The source for secondary trading levels is ICE Data Services

    • 29 Sep 2020
  • Funding scorecard: Nordic agencies

    This week's scorecard looks at the progress Nordic agencies have made in their 2020 funding programmes in mid-September.

    • 18 Sep 2020
  • SEK USD1bn 0.5% Aug 25

    • 20 Aug 2020
  • SSAs jump into dollar market as higher yields entice investors

    Two agencies were out with dollar mandates on Monday and more public sector borrowers could follow with deals this week as a rise in US Treasury yields boosts demand for SSA dollar bonds.

    • 17 Aug 2020
  • SSA secondary pricing update: KfW and World Bank trade tighter

    Trading levels given are bid-side spreads versus mid-swaps and/or an underlying benchmark and bid-yields from the close of business on Monday, July 27. The source for secondary trading levels is ICE Data Services.

    • 28 Jul 2020
  • Funding scorecard: Nordic agencies

    This week's scorecard looks at the progress Nordic agencies have made in their 2020 funding programmes in late July.

    • 24 Jul 2020
  • SEK takes $600m with four year arb deal

    Swedish Export Credit Corporation kept the public sector new issues market open on Thursday as it came with an opportunistic four year dollar trade on the back of a strong week for dollar borrowers.

    • 23 Jul 2020
  • ESM expected to hit red hot dollar market next week

    The European Stability Mechanism is likely to use its funding window scheduled for next week to issue a dollar benchmark, according to SSA bankers.

    • 22 Jul 2020
  • Oatly’s sustainable loan is real deal, says CFO

    Oatly, the Swedish oat milk producer, is taking on debt to finance building two new factories with its first ever syndicated loan, and naturally chose a sustainability-linked instrument, its chief financial officer said. Those hoping for an IPO will have to wait a while longer.

    • 13 Jul 2020
  • Oatly milks capital markets for SLL with debut deal

    Oatly, the Swedish company that makes oat milk, has signed a Skr1.925bn (€184m) club loan, on which the pricing can be adjusted if it hits sustainability targets.

    • 03 Jul 2020
  • Funding scorecard: Nordic agencies

    This week's scorecard looks at the progress Nordic agencies have made in their 2020 funding programmes in June.

    • 12 Jun 2020
  • Volvo Car gets state backing in loan market

    Sweden’s Volvo Car, a car maker, has become the latest company under pressure from the coronavirus pandemic to sign a state-guaranteed loan, as bankers say that state support is essential to secure commercial bank loans for the worst affected sectors.

    • 22 May 2020
  • Funding scorecard: Nordic agencies

    This week's scorecard looks at the progress Nordic agencies have made in their 2020 funding programmes in early May.

    • 07 May 2020
  • SSA secondary pricing update: L-Bank achieves strong performance

    Trading levels given are bid-side spreads versus mid-swaps and/or an underlying benchmark and bid-yields from the close of business on Monday, April 6. The source for secondary trading levels is ICE Data Services.

    • 07 Apr 2020
  • Nordic issuers adjust funding in response to Covid-19

    Swedish Export Credit (SEK) joined the ranks of SSAs increasing their funding programmes in response to the Covid-19 crisis this week. Meanwhile, Norway’s Kommunalbanken (KBN) has dropped its target by $2bn as a result of a weakening Norwegian kroner.

    • 06 Apr 2020
  • Funding scorecard: Nordic agencies

    This week's scorecard looks at the progress Nordic agencies have made in their 2020 funding programmes at the start of the second quarter.

    • 06 Apr 2020
  • IADB’s funding needs only marginally up despite $12bn coronavirus response package

    The Inter-American Development Bank has added slightly to its 2020 funding programme following the announcement of a substantial lending package in response to the Covid-19 crisis.

    • 31 Mar 2020

Dealer League Table SEK

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 TD Securities Inc 0.20 1 15.79%
1 RBC Capital Markets 0.20 1 15.79%
1 BMO Capital Markets 0.20 1 15.79%
4 Nordea 0.18 1 14.00%
5 Nomura 0.17 1 12.88%

European Sovereign Bonds

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 SG Corporate & Investment Banking 4.88 3 16.63%
2 HSBC 3.99 3 13.59%
3 JPMorgan 3.00 3 10.22%
4 Citi 2.89 2 9.85%
5 Barclays 2.33 2 7.92%

Dollar Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 Citi 7.41 12 15.37%
2 Deutsche Bank 4.69 6 9.73%
3 JPMorgan 4.60 9 9.55%
4 BMO Capital Markets 3.83 3 7.95%
5 BofA Securities 3.72 5 7.73%

Bookrunners of Euro Denominated SSA (Excl US Agency)

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 JPMorgan 8.94 15 10.68%
2 HSBC 8.30 9 9.91%
3 SG Corporate & Investment Banking 7.46 7 8.91%
4 UniCredit 7.12 11 8.50%
5 Citi 6.84 7 8.17%

Bookrunners of Global SSA (Excl US Agency)

Rank Lead Manager Amount $bn No of issues Share %
  • Last updated
  • Today
1 Citi 14.79 19 9.78%
2 JPMorgan 14.45 40 9.56%
3 HSBC 12.32 18 8.15%
4 Deutsche Bank 10.51 17 6.96%
5 SG Corporate & Investment Banking 9.06 9 6.00%