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Sweden: 5Y Bonds To Be Introduced

Published 03/11/2014, 05:04 AM
Updated 05/14/2017, 06:45 AM

Nordea Hypotek and SEB will introduce new 5Y bonds, which will be the next 5Y benchmark bonds deliverable in the 5Y bond forward.

The coupon rates are set at 2.25% (SEB) and 3% (NDH), respectively, and the ISIN codes are SE0005676723 and SE0005703451.

We see a fair pricing of SEB572 close to 32bp above SEB571 and the same spread above NDH5529 for the new Nordea bond.

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