Öresundsbro Konsortiet

Our largest individual guarantee undertaking is the credit guarantees for the bonds of Öresundsbro Konsortiet, a consortium owned by one Danish and one Swedish company.

The consortium financed the building of the Öresund Bridge between Sweden and Denmark by issuing government guaranteed bonds on the international credit market.

The bonds are guaranteed jointly by the Danish and Swedish governments via Danmarks Nationalbank and the Swedish National Debt Office. When the Öresund Bridge was opened for traffic on 1 July 2000, the debt amounted to the equivalent of approximately SEK 24 billion.

The consortium runs and manages the bridge and will use the profits it generates to pay off the debt incurred to finance its construction. The length of time this will take depends largely on traffic trends and the revenues brought in by the bridge. The debt is expected to be repaid by around 2035, according to a forecast made when the bridge was opened.