Funding
NIB's primary source of funding is the issuance of global benchmark and medium-term note (MTN) bonds in the main financial markets of Europe, Asia and the Americas. The objective is to raise advantageous funds to the benefit of the Bank's customers. NIB seeks to take advantage of favourable market conditions, adapting its borrowing operations to investor preferences in terms of currency, maturity, liquidity and structures.
The aim is to raise competitive funds with costs in line with the peer group, while assessing the risks involved in the structure and complexity of the individual transactions and potential mismatches between assets and liabilities. All funds are swapped into floating rates to minimise market and refinancing risks in the balance sheet.
Funding highlights
Funding transactions
Outstanding debt
Links
Annual Report
Financial policies (302 kB)
Buyback policy (162 kB)
Key data
Financial reports
News
NIB launches 10-year Kangaroo issue
NIB has priced a 10-year fixed-rate AUD 300 million issue. NIB’s outstanding volume in the Kangaroo market currently totals AUD 1,725 million.
4 Apr 2012
NIB in 2011: Increased lending in a volatile market
In 2011, the sovereign debt crisis deepened further, adversely affecting the confidence in the financial markets. Despite the growing volatility on a global scale, the Nordic–Baltic region posted a relatively stable economic performance. NIB continued to build its lending portfolio, resulting in a clear increase of new loan agreements.
12 Mar 2012
New Kauri bond launched and priced
A new fixed-rate NZD 200 million Kauri bond has been launched and priced for the Nordic Investment Bank.
1 Mar 2012
