Outstanding debt
At the end of December 2012, NIB had outstanding debt amounting to EUR 20 billion in 18 different currencies.
NIB has been an active issuer of high quality debt in the international capital markets since 1977. The Bank has carried out over 1,200 transactions in 38 different currencies in a variety of markets all over the world.
NIB's policy is to not take any currency or structure risk. Thus, the Bank immediately swaps all the proceeds to the floating rate currencies needed for its lending operations.
The funding needs have been fairly stable with an annual funding of approximately EUR 3.0–4.5 billion.
Graphs
Borrowings outstanding 31 December 2012
Borrowings outstanding after swap 31 December 2012
Borrowings
News
NIB’s 10-year Kangaroo deal increased to AUD 875m
NIB has issued its fourth increase, AUD 100 million, to its 10-year Kangaroo issue due 19 April 2022.
15 May 2013
NIB in 2012: Strong demand for long-term lending in the Nordic-Baltic region
In 2012, the NIB saw further growth of its lending activities. This reflects the continued need for long-term financing in the Nordic-Baltic region. The annual profit of EUR 209 million builds a solid platform for supporting major investment projects.
12 Mar 2013
New Kangaroo bond launched and priced
NIB has priced and launched a new fixed-rate AUD 400 million Kangaroo bond.
25 Feb 2013
