THE KINGDOM of Sweden attempted to ensure that its government bond market offers an attractive investment alternative to the rest of the euro denominated market this week with the launch of a Eu2bn offering led by JP Morgan, Paribas and SBC Warburg Dillon Read. The issue was the first euro-denominated transaction to be structured as a domestic bond. The overwhelming response from a broad range of key institutional accounts in Europe and Asia helped to focus international investors' attention on Sweden's domestic krona market and on the improvement in its credit standing.
April 24, 1998