Kommuninvest

Kommuninvest is launching a pilot programme of sustainability loans. If there is enough demand, these will be funded through the institution's first social bond.

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

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, June 22. The source for secondary trading levels is ICE Data Services.

Kommuninvest has lowered its funding target for 2020 because of a smaller than expected need for lending after the initial shock of the Covid-19 crisis.

The New Development Bank and Kommuninvest began marketing new dollar benchmarks in the short end of the curve on Monday, with the former set to issue its long-awaited debut deal in the currency to support its member countries from the coronavirus pandemic.

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

With the demand for green loans from its members increasing, Kommuninvest printed its tenth green transaction this week, raising Skr5bn ($520m). Despite the increased demand for green loans, Kommuninvest is yet to proceed with its euro green debut.

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

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

Despite current market turbulence, Kommuninvest, the funding body for Swedish local governments, still plans to press on with its debut euro green bond when volatility abates, according to its head of debt management.

Public sector borrowers are opting to sit on the sidelines as the Covid-19 virus outbreak intensifies, causing sharp moves in rates and swap spreads.

The first scorecard of 2020 looks at the progress Nordic agencies have made in their funding programmes at the start of March.