Finland has priced a syndicated USD denominated Global market bond which matures in 2030.
For all the deals placed in the market today use the Bond Market or Money Market Viewers.
| Issuer Details | |
| Issuer | Finland, Republic of |
| LEI | 743700M6Y2OQRVSBRD14 |
| Industry | Government - Sovereign |
| Country | Finland |
| Issuer Description | Central government borrowing is used for funding redemptions of central government debt and possible government budget deficits. The State Treasury carries out borrowing by issuing Treasury bills, bonds and private placements via banks. Borrowing is primarily performed in the international investment market, with both banks and investors mainly based outside Finland. Government borrowing is mainly denominated in euros. When borrowing in other currencies, the State Treasury always hedges against currency risk. For the initial issuance of benchmark bonds, the government uses so-called syndicated bond issues. This ensures that a new loan has a broad investor base and fosters price stability in the secondary market. The stock of outstanding benchmark bonds can be increased at a later date, through State Treasury auctions. Treasury bills provide the government with a flexible, short-term financing channel. One year is the maximum maturity period for Treasury bills. The State Treasury issues Treasury bills around the year, depending on investor demand and liquidity requirements. |
| Generic Credit Rating | [Login to see full details] |
| Moody's Credit Rating | [Login to see full details] |
| S&P Credit Rating | [Login to see full details] |
| Fitch Credit Rating | [Login to see full details] |
| Trade Details | |
| Security Type | MTN |
| Amount | USD [Login to see full details] |
| Total Amount including taps | USD [Login to see full details] |
| Total Amount Outstanding | USD [Login to see full details] |
| Total Order Book | USD [Login to see full details] |
| Structure | Fixed Rate |
| Coupon | [Login to see full details] |
| Price | [Login to see full details] |
| Reoffer | [Login to see full details] |
| It came at a spread of [Login to see full details] in the Global bond market. | |
| Term | [Login to see full details] |
| Yield Notes | [Login to see full details] |
| Trade Date | [Login to see full details] |
| Settlement Date | [Login to see full details] |
| Maturity Date | [Login to see full details] |
Login to see if this deal qualifies as a Green Bond or Social Bond or other type of ESG Bond.
A Global Distribution bond is a bond issued in a form that allows it to be traded in both the relevant local (onshore) and the offshore international, also called eurobond, market. To allow for this Global Market bonds typically have two ISINs, one for clearing in the local onshore market and one for clearing in the offshore international eurobond market. It can be denominated in any freely tradeable currency.
Check here for all issuer’s year to date financings.