NIB launches global USD 1.25bn bond

This is NIB’s eighth USD global benchmarks issued since 2002. Last year, the Bank issued two USD global deals of a ten-year USD 1bn and a three-year USD 1.5bn. NIB’s USD global issuance represents a rare public markets occasion for global investors to invest in one of the world’s select AAA supranational institutions and the only one representing the Nordic and Baltic region. Soft global macroeconomic reports coupled with continued concerns on both the credit and economic atmosphere have led to a massive amount of demand for prime-quality paper in the front-end of the curve. This demand is mainly driven by central banks and official government Institutions.

See also Citi JPMorgan RBC press release.

For additional information, please contact Mr Kari Kukka, Senior Director, Head of Funding, tel.: +358 10 618 0464 or kari.kukka@nib.int