Kommunalbanken has priced a syndicated EUR denominated Euro market bond which matures in 2031.
Gold users are able to click on the ISIN to check the full term sheet for this deal. XS2932096691
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Issuer Details | |
Issuer | Kommunalbanken Norway AS |
LEI | I7ETN0QQO2AHZZGHJ389 |
Industry | Government - Development Bank |
Country | Norway |
Issuer Description | Kommunalbanken is the Norwegian local government funding agency, established by an Act of Parliament in 1927 to secure low cost funding to the Norwegian local government. Loans are granted solely to Norwegian municipalities and counties, against a government guarantee. Kommunalbanken is fully government owned - 80% directly by the Kingdom of Norway (AAA/Aaa) and 20% by the local government sector.. Kommunalbanken AS provides local government funding services. The Company acts as a state instrumentality for the Norwegian central government by providing low cost loans to the Norwegian local government sector. |
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Trade Details | |
Security Type | MTN |
Amount | EUR [Login to see full details] |
Total Amount including taps | EUR [Login to see full details] |
Total Amount Outstanding | EUR [Login to see full details] |
Total Order Book | EUR [Login to see full details] |
Structure | Fixed Rate |
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It came at a spread of [Login to see full details] in the Euro bond market. | |
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A Euro bond is a bond or other type of negotiable debt instrument issued in the offshore international, also called eurobond, market. The ISIN of a Euro Market bond always starts with XS. It can be denominated in any freely tradeable currency.
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