Kingdom of Sweden raises USD 1 billion in 3-year bonds at 1.041 %

Press release 29 September 2015

Kingdom of Sweden issued USD 1 billion (approximately SEK 8.4 billion) in a new three-year benchmark at a yield of 1.041 per cent.

The transaction was priced at mid-swaps plus 4 basis points and is the first three-year deal after several weeks of difficult market conditions with pronounced volatility. Close to 40 investors took part with bids exceeding USD 1.5 billion.

 – Despite the turbulent financial environment we saw very strong support from dollar investors even this time, says Maria Norström, Head of Funding at the Swedish National Debt Office.

Terms and conditions


Kingdom of Sweden


USD 1 billion


1 % s.a.

Maturity date

5 October 2018


99.879 %


1.041 % s.a.

Spread versus USD mid swaps

4 basis points

Spread versus US benchmark

10.75 basis points

Lead managers

Barclays, Citigroup, J.P. Morgan

Distribution by investor and region

Dollar bond distribution by investors

Dollar bond distribution by region

With today’s transaction, the planned funding in foreign currency bonds for the whole of 2015 has been carried out.

For more information, please contact:
Anna Sjulander, Deputy Head of Funding, +46 8 613 47 77