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KommuneKredit issues a new 7-year EUR benchmark

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KommuneKredit issues a new 7-year EUR benchmark

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Jens Lundager

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KommuneKredit issues a new 7-year EUR benchmark

KommuneKredit issues a new 7-year EUR benchmark

On Tuesday 16th January 2018, KommuneKredit issued its first Euro benchmark bond of 2018. The issue carries an annual coupon of 0.50% and has a maturity date of 24 January 2025. The bond was priced at a spread of mid-swaps minus 10bps. The initial price guidance was set at mid-swaps minus 8 bps and was quickly revised to mid-swaps minus 9 bps 30 minutes after. The momentum continued unabated, with