Today, on 29 June 2010, Finnvera has issued a fixed-rate bond of 800 million Norwegian crowns (equalling about 101.5 million euros) that will mature in 2015. The bond has been converted to euros by means of an interest rate and currency swap agreed with Danske Bank A/S. Both the bond and the derivative instrument are secured by a guarantee granted by the State of Finland.
An application will be made to have the bond quoted on the ABM list of the Oslo Stock Exchange. The arrangement is part of Finnvera’s normal acquisition of funds.
Ulla Hagman, Senior Vice President, Finances and IT, tel. +358 20 460 7409
Riitta Martikainen, Manager, Treasury, tel. +358 20 460 3355