GlobeNewswire

CONDITIONS FOR RIKSBANK REVERSED AUCTIONS SEK MUNICIPAL BONDS

Share

Bid procedure on 20 October 2020, Municipalities and Regions

Bonds:

Floating-Rate Notes (FRN) issued in SEK by Municipalities or Regions with maturity in 2024.

The following issuers are accepted for delivery:

Borås Stad
Göteborgs Stad
Helsingborgs Stad
Lunds Kommun
Malmö Stad

Nacka Kommun
Norrköpings Kommun
Region Skåne
Stockholms Stad
Region Stockholm
Sundsvalls Kommun
Södertälje Kommun
Täby Kommun
Uppsala Kommun

Vellinge Kommun
Västerås Stad
Örebro Kommun
Östersunds Kommun

Delivery may not be made in Bonds purchased by the Counterparty from the issuer less than one week prior to the date for announcing the Specific terms, i.e. the purchase may not have been made after 9 October 2020.
Bids:

Bids are made to tel 08-696 69 70 and confirmed in writing by a filled-in Bid form by e-mail to EOL@riksbank.se.
Bid date:

Tuesday 20 October 2020

Bid time:

1000-1100 hours (CEST) on the Bid date

Requested volume: (corresponding nominal amount)

SEK 750 +/- 750 million
Highest permitted bid volume:

(corresponding nominal amount)

The total bid volume from one Counterparty for the two Credit rating classes may not exceed SEK 1 000 million.

No bid may contain Bonds exceeding SEK 750 million issued by the Stockholms Stad, Region Stockholm or Göteborgs Stad.

For other issuers, bids may not contain Bonds exceeding SEK 100 million issued by the same issuer.

Lowest permitted bid volume:

(corresponding nominal amount)

The total bid volume from one Counterparty should not be less than SEK 50 million and not be less than SEK 5 million per Bond (ISIN code).

Credit rating classes:

The requested volume is divided into two credit rating classes. Credit rating refers to the issuer’s credit rating. If there are credit ratings from several credit rating agencies the highest of these will be applied.

Class 1: A long-term credit rating of AAA with S&P, Aaa with Moody’s or AAA with Fitch.

Class 2: A long-term credit rating of AA+ with S&P, Aa1 with Moody’s or AA+ with Fitch.

Maturity:

Bonds maturing between January 1, 2024 and December 31, 2024. The year is divided into four quarters and bids are placed for each quarter and Credit Class.

Example: For Credit Class 1 with maturity quarter 2, a bid of SEK 90 million is placed at interest x %.
Expected allocation time:

1130 (CEST) on the Bid date

Delivery and payment date:

Thursday, 22 October 2020

Delivery of Bonds:

Bonds issued in the PM section:
To the Riksbank's account in Euroclear Sweden AB's securities settlement system: 1 4948 6383.

Bonds issued in the AM section:
To the Riksbank's account at the Global Custodian State Street:

Global Custodian BIC Code: SBOSUS3CXXX
Local Settlement Agent: SKANDINAVISKA ENSKILDA BANKEN AB (SEB)
Local Settlement Agent BIC Code: ESSESESSXXX
Global Custodian's Account Name at SEB: STATE STREET BANK & TRUST
Global Custodian's Account Number at SEB: 01-100 386 491
Riksbank's Account Name at the Global Custodian: SVERIGES RIKSBANK Riksbank's Account Number at the Global Custodian: 0145
PSET BIC: VPCSSESSXXX

Counterparties must use BIC: ESSESESSXXX in field 95P::DEAG/REAG and State Street BIC: SBOSUS3CXXX in field 95P::SELL/BUYR in the settlement instruction.

Bonds issued for the euro market (ISIN code with XS):
To the Riksbank's account at Euroclear Bank: 91181.

General terms and conditions

General terms and conditions for the Riksbank´s purchases of bonds via bid procedures 2020:2, dated 24 April 2020 (see the Riksbank´s web).

Stockholm, 16 October 2020

About GlobeNewswire

GlobeNewswire
GlobeNewswire
One Liberty Plaza - 165 Broadway
NY 10006 New York

https://globenewswire.com

GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Subscribe to releases from GlobeNewswire

Subscribe to all the latest releases from GlobeNewswire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from GlobeNewswire

Composition of the Nomination Committee of Orion Corporation21.10.2020 17:40:00 CESTPress release

ORION CORPORATION STOCK EXCHANGE RELEASE 21 OCTOBER 2020 at 6.40 p.m. EEST Composition of the Nomination Committee of Orion Corporation The Board of Directors of Orion Corporation has elected the following persons to the Nomination Committee of the company: Annika EkmanPetteri KarttunenTimo MaasiltaMikael Silvennoinen Heikki WesterlundJukka Ylppö Heikki Westerlund was elected Chairman of the Committee. The Committee prepares and presents a recommendation to the Board of Directors for the proposal to the Annual General Meeting concerning the composition of the Board. The essentials of the working order of the Nomination Committee and a description of the election process of its members are provided at http://www.orion.fi/en/Orion-group/corporate-governance/board-of-directors/board-committees/, a page in the Corporate Governance section of the Orion Group internet website. Orion Corporation Timo Lappalainen President and CEO Olli Huotari SVP, Corporate Functions Contact person: Timo Lapp

Norsk Hydro: REMINDER - Hydro’s third quarter results 202021.10.2020 16:30:00 CESTPress release

Hydro's third quarter results 2020 will be released at 07:00 CEST (01:00 EDT, 06:00 BST, 05:00 UTC), on Friday October 23, 2020. The quarterly report and presentation slides will be available on www.hydro.com at the same time. President & CEO Hilde Merete Aasheim and EVP & CFO Pål Kildemo will host an audio webcast and a conference call, in English, at 08:30 CEST the same day. Due to the Covid-19 situation, there will be no analyst and press conference at our corporate headquarters. In order to listen to the presentation, please join the audio webcast. There will be a Q&A session directly after the presentation. If you would like to ask questions, you need to join the conference call before end of the presentation. See details below (it will not be possible to ask questions on the audio webcast). To join the conference call, please use the “Click to Join” link below 5-10 minutes prior to start time. You will be asked to enter your phone number and registration details. The Event Confer

Norsk Hydro: PÅMINNELSE - Presentasjon av Hydros resultat for tredje kvartal 202021.10.2020 16:30:00 CESTPressemelding

Hydros resultat for tredje kvartal 2020 blir offentliggjort fredag 23. oktober 2020 kl. 07.00 (norsk tid). Kvartalsrapporten og presentasjonsmaterialet blir samtidig gjort tilgjengelig på www.hydro.com. Konsernsjef Hilde Merete Aasheim og konserndirektør for økonomi og finans Pål Kildemo vil presentere resultatet på engelsk samme dag kl. 08.30 (norsk tid) via audio webcast og telefonkonferanse. Pga. Covid-19-situasjonen vil det ikke bli pressekonferanse ved vårt hovedkontor. Presentasjonen kan følges via audio webcast. Det vil være mulig å stille spørsmål rett etter presentasjonen. For å stille spørsmål må du være koblet på telefonkonferansen før presentasjonen er ferdig. Se detaljer nedenfor (det vil ikke være mulig å stille spørsmål via audio webcast). Du melder deg på telefonkonferansen ved å klikke på lenken “Click to Join“ 5-10 minutter før start. Du må oppgi telefonnummer og registreringsdetaljer. Konferansesystemet vil ringe tilbake på det oppgitte telefonnummeret og koble deg t

SEK TENDER OPERATION ANNOUNCEMENT FOR ONWARD LENDING21.10.2020 16:20:00 CESTPress release

SEK TENDER OPERATION ANNOUNCEMENT FOR ONWARD LENDING 2020-10-23 Transaction type:SEK CreditTender date:2020-10-23Time for submission of bids:10.30-11.00 (CEST)Payment date:2020-10-27Final repayment date2024-10-28Offered volume:50 billion SEKMinimum bid amount:10 million SEKMaximum bid amount:12.5 billion SEKMaximum number of bids from each participant: 1Interest rate:0.00 %Additional interest rate:0.10 per cent ALL APPROVED COUNTERPARTIES ARE INVITED TO SUBMIT VOLUME BIDS TO THE RIKSBANK (46-8-6966970) BY 11.00 ON OCTOBER 23 2020, AT THE LATEST. CONFIRMATION ON E-MAIL: eol@riksbank.se Result of the auction will be published at 11.30 (CEST) on Tender date. Complete terms and conditions can be retrieved at http://www.riksbank.se

Enento Group’s financial information 202121.10.2020 14:30:00 CESTPress release

ENENTO GROUP PLC, STOCK EXCHANGE RELEASE 21 OCTOBER 2020 AT 3.30 P.M. EEST Enento Group’s financial information 2021 Enento Group Plc will publish its Financial Statements Bulletin for 2020 on Friday, 12 February 2021. The Annual Report and Financial Statements 2020 will be published in week 10 at https://enento.com/investors/ Enento Group’s Annual General Meeting is planned to be held on Monday, 29 March 2021. The notice to convene the Annual General Meeting will be given later on by the Board of Directors. Enento Group’s financial reporting in 2021 Financial Statements Bulletin for 2020 on Friday, 12 February 2021Interim Report for January – March 2021 on Thursday, 29 April 2021Half Year Financial Report for January – June 2021 on Wednesday, 21 July 2021Interim Report for January – September 2021 on Friday, 29 October 2021 All financial reports are published in English and Finnish and they are also available at https://enento.com/investors/ after the publication. ENENTO GROUP PLC For