Sweden raises EUR 2 billion in three-year bond sale at 2.097%

Press release 17 June 2025

The Kingdom of Sweden has raised EUR 2 billion (about SEK 21.8 billion) selling a three-year bond at a yield of 2.097 per cent. The bond sale is part of the Swedish National Debt Office’s communicated funding plan.

The bid volume was in excess of EUR 10 billion with 130 investors participating. Final pricing was fixed at 3 basis points above EUR mid swaps, corresponding to 21.1 basis points over the German benchmark bond.

“This is our first euro benchmark since 2018 and we are very pleased to see such a diverse range of orders. Today’s outcome shows that Kingdom of Sweden is a very well-regarded issuer,” says Johan Bergström, Head of Funding at the Debt Office

Today’s transaction is included in the Debt Office’s current funding plan, which was published in May 2025. The issuance of foreign-currency bonds does not generate any foreign-currency exposure for Sweden’s central government debt, as the Debt Office uses derivatives to manage currency risks.

Contact

Johan Bergström, Head of Funding, +46 8 613 45 68

Sofia Björk, Funding manager, +46 8 613 52 74