The transaction is a 5-year, USD 1 billion Global Benchmark fixed rate bond. Joint lead managers on the transaction were Barclays, Bank of America, Daiwa Capital Markets and Scotiabank.

– We are delighted, having been able to issue this year’s first USD transaction in a very strong market. We are grateful that the bond was extremely well supported by investors globally, says Louise Bergström, Funding & Investor Relations Director at SEK.

A strong book building process led to the largest orderbook ever on a USD benchmark for SEK,  in total amounting to more than USD 4.1bn. The book was well diversified and of high quality with more than 80 individual accounts participating.

– This transaction is the result of continuous investor dialogues and emphasizes the importance of persistence and strong relationships with key investors, says Louise Bergström.