Swedish National Debt Office appoints Nykredit Markets as new Primary Dealer

5 October 2011 - Press release

The Swedish National Debt Office welcomes Nykredit Bank A/S (Nykredit Markets) as new primary dealer in government bonds, inflation-linked bonds and treasury bills from 1 December 2011.

With Nykredit Markets as a new participant in Swedish government securities, the Debt Office will have eight primary dealers in government bonds and seven in inflation-linked bonds and treasury bills.

- We are very pleased to see that Nykredit Markets have chosen to establish themselves in the Swedish fixed-income market.  In our judgement, Nykredit Markets has the intention and ambition to become a long-term market maker in Sweden and will give an important contribution, not least through their Nordic framework, says Maria Norström, Head of Funding at the Debt Office.

The primary dealers are the Debt Office's most important sales channel of government securities. It is important that they have a long-term commitment in the Swedish fixed-income market. The formal requirements on primary dealers can be found in the primary dealer agreements on www.riksgalden.se.

Since earlier, Barclays Capital is primary dealer in government bonds.  Danske Markets, Handelsbanken Markets, Nordea, the Royal Bank of Scotland, SEB and Swedbank are primary dealers in all krona instruments issued by the Debt Office.

For more information, please contact:

Maria Norström, Head of Funding, +46 8 613 46 35