MuniFin funds its operations through international capital markets. During the past 20 years, we have established a strong presence in the main capital markets and built a reputation as one of the most flexible and investor driven borrowers.
MuniFin's funding base is well diversified including regular issuances on core benchmark loan markets and a wide variety of both structured and plain vanilla private placements. We have also established a strong presence in the Japanese retail market.
Standardised debt programmes ensure broad-based demand among our investors and make us able to react quickly to investors' demands.
Diversification of funding on various markets is one indication of MuniFin's risk policies: all risk taking is minimised.
MuniFin's lending is targeted solely to the Finnish public sector and state-subsidised housing sector. All funding is explicitly guaranteed by the Municipal Guarantee Board, rated Aa1 (Moody's) and AA+ (Standard & Poor's).