Obbligazione Municipal Finance PLC 3.12% ( NO0010781784 ) in NOK

Municipal Finance PLC

100 NOK ⇌

Finlandia

NO0010781784 ( in NOK )

3.12% per anno ( pagato 4 volte l'anno)

09/01/2022 - Obbligazione è scaduto

Prospetto opuscolo dell'obbligazione Municipality Finance PLC NO0010781784 in NOK 3.12%, scaduta

1 000 000 NOK

2 250 000 000 NOK

Municipality Finance PLC è una società di finanziamento municipale finlandese che fornisce finanziamenti a lungo termine a comuni e altre autorità pubbliche finlandesi.

The Obbligazione issued by Municipal Finance PLC ( Finland ) , in NOK, with the ISIN code NO0010781784, pays a coupon of 3.12% per year.
The coupons are paid 4 times per year and the Obbligazione maturity is 09/01/2022

FINAL TERMS
Final Terms dated 5 January 2017

MUNICIPALITY FINANCE PLC (Kuntarahoitus Oyj)
Issue of NOK 500,000,000 Floating Rate Notes due January 2022
Guaranteed by
THE MUNICIPAL GUARANTEE BOARD (Kuntien takauskeskus)
under the 25,000,000,000
Programme for the Issuance of Debt Instruments
PART A CONTRACTUAL TERMS
This document constitutes the final terms relating to the issue of Notes described herein.
Terms used herein shall be deemed to be defined as such for the purposes of the Conditions
(the "Conditions") set forth in the Offering Circular dated 11 May 2016 and the supplemental
Offering Circular dated 19 September 2016 (the "Offering Circular"). These Final Terms
contain the final terms of the Notes and must be read in conjunction with such Offering
Circular as so supplemented.
These Final Terms are available for viewing at www.rns-pdf.londonstockexchange.com
1.
(i)
Issuer:
Municipality Finance Plc (Kuntarahoitus Oyj)

(ii)
Guarantor:
The Municipal Guarantee Board (Kuntien
takauskeskus)
2.
(i)
Series Number:
10/2017

(ii)
Tranche Number:
1

(If fungible with an existing Series, Not Applicable
details of that Series, including the
date on which the Notes become
fungible).
3.
Specified Currency or Currencies:
Norwegian Kroner ("NOK")
4.
Aggregate Nominal Amount:

(i)
Series:
NOK 500,000,000

(ii)
Tranche:
NOK 500,000,000
5.
(i)
Issue Price:
105.639 per cent. of the Aggregate Nominal
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Amount
6.
(i)
Specified Denominations:
NOK 1,000,000

(ii)
Calculation Amount:
NOK 1,000,000
7.
(i)
Issue Date:
10 January 2017

(ii)
Interest Commencement
Issue Date
Date:
8.
Maturity Date:
Interest Payment Date falling in or nearest to
January 2022.
9.
Interest Basis:
3 month NIBOR + 1.25 per cent. Floating Rate
(further particulars specified below)
10.
Redemption/Payment Basis:
Redemption at par
11.
Change of Interest or
Not Applicable
Redemption/Payment Basis:
12.
Put/Call Options:
Not Applicable
13.
(i)
Status of the Notes:
Senior

(ii)
Status of the Guarantee:
Senior

(iii)
Date Board approval for Not Applicable
issuance
of
Notes
and
Guarantee obtained:
14.
Method of distribution:
Non-syndicated
PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
15.
Fixed Rate Note Provisions
Not Applicable
16.
Floating Rate Note Provisions
Applicable

(i)
Interest Period:
Not Applicable

(ii)
Specified Interest Payment Interest will be payable quarterly in arrears on
Dates:
10 January, 10 April, 10 July and 10 October
in each year commencing on 10 April 2017
and ending on Maturity Date, subject to
adjustment in accordance with the Business
Day Convention specified below (each a
"Specified Interest Payment Date").

(iii)
Business Day Convention:
Modified Following Business Day Convention
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(iv)
Business Centre(s):
Oslo, TARGET

(v)
Manner in which the Rate(s) Screen Rate Determination
of Interest is/are to be
determined:

(vi)
Party
responsible
for Nordea Bank AB (publ)
calculating
the
Rate(s)
Interest
and
Interest
Amount(s) (if not the Fiscal
Agent):

(vii) Screen Rate Determination:

Reference Rate:
3 months NIBOR

Interest Determination Second Oslo business day prior to each
Date(s):
Specified Interest Payment Date.

Relevant Screen Page: Reuters Screen OIBOR page

(viii) ISDA Determination:
Not Applicable

(ix)
Linear Interpolation:
Not Applicable

(x)
Margin(s):
+ 1.25 per cent. per annum

(xi)
Minimum Rate of Interest:
0.00 per cent. per annum

(xii) Maximum Rate of Interest:
Not Applicable

(xiii) Day Count Fraction:
Actual/360

(iv)
Fall
back
provisions, Not Applicable
rounding
provisions,
denominator and any other
terms relating to the method
of calculating interest on
Floating
Rate
Notes,
if
different from those set out in
the Conditions:
17.
Zero Coupon Note Provisions
Not Applicable
18.
Index-Linked
Interest
Note Not Applicable
Provisions
19.
Dual Currency Note Provisions
Not Applicable
PROVISIONS RELATING TO REDEMPTION
20.
Call Option
Not Applicable
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21.
Put Option
Not Applicable
22.
Final Redemption Amount of each NOK 1,000,000 per Calculation Amount
Note

In
cases
where
the
Final
Redemption Amount is Index-
Linked or other variable-linked:
23.
Early Redemption Amount

Early Redemption Amount(s) per Not applicable
Calculation Amount payable on
redemption for taxation reasons or
on event of default or other early
redemption and/or the method of
calculating the same (if required or
if different from that set out in the
Conditions):
GENERAL PROVISIONS APPLICABLE TO THE NOTES
24.
Form of Notes:
VPS Notes:
VPS Notes issued in uncertificated book entry
form
25.
New Global Note:
No
26.
Business Centre(s) or other special Oslo and TARGET
provisions relating to Payment
Dates:
27.
Talons for future Coupons or No
Receipts to be attached to Definitive
Notes (and dates on which such
Talons mature):
28.
Details relating to Partly Paid Notes: Not Applicable
amount of each payment comprising
the Issue Price and date on which
each payment is to be made and
consequences (if any) of failure to
pay, including any right of the Issuer
to forfeit the Notes and interest due
on late payment:
29.
Details relating to Instalment Notes: Not Applicable
amount of each instalment, date on
which each payment is to be made:
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30.
Other terms or special conditions:
Not Applicable
DISTRIBUTION
31.
(i)
If syndicated, names and Not Applicable
address of Managers and
underwriting commitments:

(ii)
Date of Subscription
Not Applicable
Agreement:

(iii)
Stabilising Manager(s) (if
Not Applicable
any):
32.
If non-syndicated, name and address Nordea Bank AB (publ)
of Dealer:
Christiansbro, Strandgade 3
1401 Copenhagen K
Denmark

33.
TEFRA:
Not Applicable
34.
Additional selling restrictions:
Not Applicable
PURPOSE OF FINAL TERMS
These Final Terms comprise the final terms required for the issue and admission to trading on
the Regulated Market of the London Stock Exchange plc of the Notes described herein
pursuant to the 25,000,000,000 Programme for the Issuance of Debt Instruments of
Municipality Finance Plc (Kuntarahoitus Oyj) guaranteed by The Municipal Guarantee Board
(Kuntien takauskeskus).

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RESPONSIBILITY
The Issuer and the Guarantor accept responsibility for the information contained in these
Final Terms.
SIGNED on behalf of the Issuer:

By: .............................................................. By:
..............................................

Martin Svedholm

Mari Tyster
Manager, Funding
Executive Vice President

SIGNED on behalf of the Guarantor:

By: ..............................................................

Tuukka Salminen
Deputy Managing Director

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PART B OTHER INFORMATION
1.
LISTING

(i)
Listing:
London Stock Exchange

(ii)
Admission to trading:
Application is expected to be made by the Issuer
(or on its behalf) for the Notes to be admitted to
trading on the Regulated Market of the London
Stock Exchange with effect from Issue Date.
2.
RATINGS

Ratings:
The Notes to be issued have been rated:

Moody's:
Aa1

Standard & Poor's: AA+

Moody's Investors Service Limited and Standard
& Poor's Credit Market Services Europe Limited
are both established in the European Economic
Area and registered under Regulation (EC) No.
1060/2009, as amended.
3.
OPERATIONAL INFORMATION

Intended to be held in a manner
No. Whilst the designation is specified as "no" at
which would allow Eurosystem
the date of these Final Terms, should the
eligibility:
Eurosystem eligibility criteria be amended in the
future such that the Notes are capable of meeting
them the Notes may then be deposited with one of
the ICSDs as common safekeeper. Note that this
does not necessarily mean that the Notes will then
be recognised as eligible collateral for Eurosystem
monetary policy and intra day credit operations by
the Eurosystem at any time during their life. Such
recognition will depend upon the ECB being
satisfied that Eurosystem eligibility criteria have
been met.

ISIN Code:
NO0010781784

Common Code:
Not Applicable

CUSIP No:
Not Applicable

Any clearing system(s) other
Verdipapirsentralen, Norway. VPS identification
than Euroclear Bank SA/NV,
number: 985 140 421 The Issuer shall be entitled
Clearstream Banking societe
to obtain information from the register maintained
anonyme and DTC and the
by the VPS for the purposes of performing its
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relevant identification number(s): obligations under the issue of VPS Notes.

Delivery:
Delivery against payment

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