Swedish krona
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A pair of Nordic public sector borrowers showed the strength of green bond market, printing a pair of well received trades, both of which were priced inside the issuers’ conventional bond curves.
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Kommuninvest issued on Wednesday the largest ever green bond in Swedish kronor. The note offered a negative yield, and was still over 2.6 times subscribed. It was a fantastic example, the leads said, of a strong name issuing in a starved market.
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Kommuninvest has selected banks for a bond expected to break the size record for green bonds denominated in Swedish krona.
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Kommuninvest is planning to bring the largest ever green bond in Swedish kronor in the third quarter of the year, after debuting in the format with a dollar bond in March.