How did NIB’s funding perform in 2012 and what’s to expect in 2013? Is NIB paper still a ‘safe haven’ product? Lars Eibeholm, Vice-President and Head of Treasury, explains all to NIB Newsletter.
For the financial markets, 2011 turned to be very turbulent year. In the challenging environment NIB benefited from investors flight to quality and raised almost EUR 3 billion at favourable costs.
NIB has introduced its Environmental Bond. The NIB Newsletter has asked Lars Eibeholm, the Bank’s Head of Treasury and CFO, to tell more about the new treasury notes.
The global debt capital markets witnessed a strong start in early 2011. The volumes of new USD-denominated issues exceeded USD 35 billion in supranational, sovereign and agencies (SSA) benchmark issuance. This marks an almost 50% surge on the same period in 2010.
Long-term government yields in the financial markets have bottomed to levels last seen in the 1940s. Jón Thorsteinsson, Head of Own Capital Management at NIB, explains how this development affects the Bank and its borrowers.
The support of the owners adds to NIB's credibility and enables us to act already now, says NIB President Johnny Åkerholm commenting on the decision to increase the authorised capital of the Bank by EUR 2 billion as of 1 January 2011.
Even in today's volatile market conditions, NIB offers its investors stability and reliability along with the highest possible credit rating, says Lars Eibeholm, Head of NIB Treasury, in this interview.
The demand for NIB's bonds has proven to be strong and in 2010, with a new funding team in charge, NIB will continue to issue global benchmark bonds and diversify its investor base.
"Timing, pricing and duration are the keywords for NIB's funding activities in 2009," says Lars Eibeholm, Head of Treasury and CFO of NIB after a tough 2008 for the financial markets.
The new facility enables parallel lending and will result in risk sharing by the two banks.
26 Feb 2018
A loan to the global chemicals company Kemira Oyj will finance the expansion of the company’s sodium chlorate production capacity in Joutseno, Finland, and R&D investments.
19 Feb 2018
A loan to SKR Spallation AB will finance the construction of research facilities at the site of the European Spallation Source in Southern Sweden.
16 Feb 2018