News 3 October 2019
The Swedish National Debt Office has appointed SEB as structuring advisor for its green bond, which will be issued in 2020. The proceeds from the issuance will be allocated to selected budget expenditures on sustainable investments and projects.
In preparation for the issuance, the Debt Office will work together with the Government Offices to establish a ‘green bond framework’, which includes defining green expenditure items in the budget. The structuring advisor will assist throughout the process – from developing the framework to issuing the bond.
The structuring advisor was selected in consultation with the Government Offices. The main selection criteria included expertise and experience of green bond issuance, coupled with a thorough understanding of Sweden’s sustainability policy and central government borrowing.
Press Department at the Debt Office, +46 8 613 47 01
The Swedish National Debt Office is responsible for central government borrowing and debt management. The objective is to minimise the long-term cost of the debt while avoiding excessive risk. The Debt Office borrows mainly by issuing different types of bonds in the Swedish and international capital markets. In July 2019, the Government decided to task the Debt Office with issuing green bonds by 2020.