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Today, KommuneKredit issued its second benchmark in DKK. This time a new long 3-year bond, maturing on 19 May 2022 and carrying a 0% coupon. The finale size of the bond offering was DKK 5bn and the bond issues was arranged by joint lead managers Danske Bank and Nordea.
On 31 October 2018 KommuneKredit launched a DKK benchmark. The bond issue was DKK 3 bn. with 5 year maturity. Nordea Bank and Danske Bank were joint lead managers on the issue.
Moody’s Investor Service has published their Update to Credit Opinion confirming KommuneKredit’s Aaa rating and stable outlook.Moody’s highlights KommuneKredit’s: close link to government and the joint and several liability provided by all Danish regional and local governments the excellent asset quality direct oversight by sovereign, with prudent counterparty risk policies a s
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