Kommuninvest is a Swedish municipal financing company that provides loans and other financial services to Swedish municipalities and municipal-owned entities.
A specific U.S. Dollar-denominated bond (ISIN: XS0919401678), issued from Sweden by Kommuninvest i Sverige, a cooperative financial institution that provides financing to its member municipalities and regions in Sweden, carried a fixed annual interest rate of 0.5% and featured semi-annual payments. This obligation, part of a total issue size amounting to $2,222,675,000 with a minimum purchase size of $200,000, has reached its maturity date of June 15, 2016, and was subsequently redeemed at its par value of 100%.
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