Nordics

Danmarks Nationalbank, the Danish central bank, has hired a new head of monetary policy operations and government debt.

Despite a wave of supply last week, the dollar bond market seems poised for another strong session with a jumbo outing from the European Investment Bank on Tuesday and several borrowers lining up for Wednesday.

One of the shareholders in EQT, the Swedish private equity firm, has provided a rare liquidity event in the stock, which has rocketed more than 326% since its flotation in September 2019.

Swedish house selling platform Hemnet opened on Monday the books for its IPO on the Nasdaq Stockholm. Sources close to the deal said that the transaction was proving popular and expected it to price at a premium to listed competitors like the UK's Rightmove.

A handful of borrowers are circling the Nordic markets with an eye to printing after the end of first quarter results. But the looming blackouts have not deterred every type of credit from tapping the market as a range of corporate, covered bond and financial issuers placed paper this week.

Trustly, a Swedish payments company that allows people to transfer money directly from their bank accounts to make payments, has launched an IPO on Nasdaq Stockholm.

Lansforsakringar Bank (LF Bank) enjoyed the sole attention of the market on Thursday as it placed the day's only senior bond in euros. With market conditions constructive, bankers expect more esoteric names could follow.

Hemnet, the Swedish online property marketplace, has launched the marketing process for an IPO on the Nasdaq Stockholm exchange.

Three banks jumped into the euro senior market after the Easter break on Tuesday, benefitting from stable demand and printing with low new issue concessions.

Finland and Germany have provided an update on their second quarter funding plans, with the former looking to issue its second euro benchmark of the year.

Kommuninvest plans to issue a debut social bond to fund its new social sustainability loans, which were launched on Tuesday after a successful pilot phase.

Out of the ashes of Norwegian Air Shuttle has risen a new low-cost Norwegian transatlantic carrier, Norse Atlantic. The airline is seeking to raise Nkr1.27bn ($149m) to pick up the transatlantic routes that its beleaguered predecessor has abandoned.