On Wednesday 13 March 2019, MuniFin successfully priced a new USD 1 billion 5-year benchmark bond, the year’s first USD benchmark outing for the company. The orderbook grew to a new record for a MuniFin USD benchmark.
MuniFin priced the first SSA 5-year EUR benchmark of 2019, and the first EUR deal from a Nordic issuer on 9 January 2019. This is also MuniFin’s second 5-year Euro benchmark to-date.
In 2019 MuniFin forecasts to issue approximately EUR 7.1 billion of long-term funding. This amount is based on the redemption profile of existing funding, forecast net growth in customer finance as well as the overall liquidity purposes of the company.
On Tuesday, 16th January 2018, MuniFin issued a new EUR 500 million 15-year fixed rate benchmark, which offers a 1.250% coupon, equivalent to mid-swaps -4 basis points.