Sweden sells SEK 500 million of I/L 2036 bonds at avg yield 0.88%

Sweden sells SEK 500 million of I/L 2036 bonds at avg yield 0.88%

Sweden has successfully issued SEK 500 million of International Long-term (I/L) 2036 bonds, achieving an average yield of 0.88%. This issuance, part of the country's broader financial strategy, underscores Sweden's commitment to sustainable development and climate transition.

The bond issuance aligns with Sweden's green finance initiatives, aiming to fund projects that contribute to climate neutrality and sustainable growth. The proceeds from the bond will be allocated to various green projects, including energy-efficient buildings, circular products, clean transportation, and water and wastewater management [1].

The bond's pricing reflects investor confidence in Sweden's sustainability efforts and its ability to deliver on environmental commitments. The average yield of 0.88% over 10-year futures indicates a premium over conventional bonds, demonstrating the demand for green financing.

For further information, investors can refer to the bond's investor report, which is available on Sweden's official website. The country's Head of Investor Relations can be contacted for additional details.

References:
[1] https://www.ainvest.com/news/qtc-launches-2036-green-bond-73-5-76-5bps-10y-futures-2509/