Kommuninvest is a Swedish municipal financing company that provides loans and other financial services to Swedish municipalities and municipal-owned entities.
An informative review of the matured fixed-income instrument issued by Kommuninvest i Sverige, the Swedish local government debt management agency renowned for its role in financing Swedish municipalities and county councils, details its past operations and redemption. This USD-denominated bond, identified by ISIN XS0981932279 and originating from Sweden, featured a fixed interest rate of 0.875% with semi-annual payment frequency. The total issue size was $1,250,000,000, with a minimum purchase increment set at $200,000. The bond reached its maturity on December 13, 2016, and was subsequently redeemed at 100% of its face value, confirming its full repayment to investors.
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