Bond AB SEK 2.875% ( US00254EMQ25 ) in USD

Issuer AB SEK
Market price 100 %  ▲ 
Country  Sweden
ISIN code  US00254EMQ25 ( in USD )
Interest rate 2.875% per year ( payment 2 times a year)
Maturity 13/03/2023 - Bond has expired



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Minimal amount 200 000 USD
Total amount 1 250 000 000 USD
Cusip 00254EMQ2
Standard & Poor's ( S&P ) rating AA+ ( High grade - Investment-grade )
Moody's rating Aa1 ( High grade - Investment-grade )
Detailed description AB Svensk Exportkredit (SEK) is a Swedish government-owned export credit agency that provides financing and insurance solutions to Swedish exporters and international buyers of Swedish goods and services.

An in-depth analysis of the recently matured fixed-income instrument, identified by ISIN US00254EMQ25 and CUSIP 00254EMQ2, offers a comprehensive overview of a significant debt issuance by AB Svensk Exportkredit. This bond, denominated in US Dollars, featured a competitive coupon rate of 2.875% and represented a substantial total issue size of $1,250,000,000. It was structured to accommodate institutional and significant individual investors with a minimum purchase increment of $200,000, and provided consistent semi-annual interest payments to its bondholders. The instrument reached its scheduled maturity date on March 13, 2023, and has since been fully redeemed, indicating a successful completion of its lifecycle at its par value of 100% on the market. The issuer, AB Svensk Exportkredit (SEK), is a strategically vital state-owned financial institution based in Sweden, whose primary mission is to finance Swedish export companies, their international operations, and related foreign investments. SEK plays a critical role in strengthening Sweden's competitiveness by ensuring access to long-term financing solutions for its export industry. Reflecting its robust financial health, strong ownership backing from the Swedish state, and integral role in the national economy, the bond was assigned exceptionally strong credit ratings by leading international agencies. Standard & Poor's had rated the bond AA+, while Moody's provided an Aa1 rating. These high investment-grade classifications underscore the bond's superior credit quality, indicating a very low risk of default and SEK's unwavering capacity to meet its financial obligations throughout the bond's tenure.