KommuneKredit looks back on a satisfactory 2024, where the expansion of the district heating system across the nation has had a significant impact on the net lending of DKK 6.2 billion. 2024 was also the year when KommuneKredit celebrated its 125th anniversary, marking a business model that has proven resilient since the issuance of the first loan in 1899.
A loan for the new Borgring Viking Cas
On Wednesday 5th of March 2025, KommuneKredit priced a new USD 1 billion benchmark transaction maturing 28th of February 2030 at SOFR MS+44 bps representing a spread of 17,5 bps over UST 4.000% due same day.
On Tuesday 4th of March 2025 KommuneKredit announced the mandate for a new 1bn 5-year USD benchmark at 14:15 CET with IPTs at SOFR MS+47 bps area.
The orderbook officially opened
On Wednesday 15th of January, KommuneKredit priced a new EUR 750 million benchmark transaction maturing 17thof March 2033 at EUR MS+41bps representing a spread of 43bps over DBR 2.3% Feb-33.
On Tuesday 14th January 2025 KommuneKredit announced the mandate for a new long 8-year EUR benchmark at 10:00 CET.
The orderbook officially opened the following morning at 08:50 CET, with an initial spre
On Tuesday, the 3rd of September, KommuneKredit priced a new EUR 750 million benchmark transaction maturing the 4thof March 2032 at EUR MS+22bps representing a spread of 54.3bps over DBR 0% Feb-32.
On Monday, the 2nd September 2024, KommuneKredit announced the mandate for a new long 7-year EUR benchmark at 11:52 CET.
Following constructive feedback overnight the orderbook officially opened o
Summary
• Profit before value adjustments and tax came to DKK 230 million, a year-on-year increase of DKK 143 million.
• Total net interest income for the first half of 2024 was DKK 336 million, up DKK 145 million from the year-earlier level.
• The value of total loans and leases rose by DKK 3.6 billion from end-2023 to DKK 190.7 billion at 30 June 2024, primarily because the increase
On 18th June 2024, KommuneKredit tapped the Green May 2029 by EUR 500 million (no-grow). The bond priced at MS+8bps, representing a spread of 50bps over DBR 0.25% due 15th February 2029.
The transaction constitutes KommuneKredit’s fifth benchmark transaction of the year. The tap gave KommuneKredit the first opportunity to increase the circulating amount of a green bond from EUR 500 million to E
On Tuesday 7th of May, KommuneKredit priced a new DKK 5 billion long 3-year transaction at DKK MS-31bps. The transaction marks the beginning in establishing a liquid product in the shorter end of the DKK market and it is KommuneKredit’s intention to be a reoccurring, annual issuer in this format.
On Monday 29th of April KommuneKredit published a mandate announcement for a new long 3-year DKK Be
