Municipality Finance priced €1 billion bond with 2.750% interest rate maturing in 2033
Bond issued under €50 billion medium-term note program
Joint lead managers include J.P. Morgan SE, Natixis, Nordea Bank Abp and UBS Europe SE
Company is Finland's first green and social bond issuer
Funding guaranteed by Municipal Guarantee Board
📖 Full Retelling
Municipality Finance Plc, a Finnish credit institution owned by Finnish municipalities, pension fund Keva and the State of Finland, priced a €1 billion benchmark bond on Monday, February 23, 2026, with a maturity date of June 14, 2033, to fund infrastructure projects including public transportation, buildings, hospitals and schools, with J.P. Morgan SE, Natixis, Nordea Bank Abp and UBS Europe SE serving as joint lead managers. The bond carries a fixed interest rate of 2.750% per annum and was issued under the company's €50 billion medium-term note program for debt instruments. Municipality Finance applied for the bond to be admitted to trading on the Helsinki Stock Exchange operated by Nasdaq Helsinki, with public trading expected to commence on the same day. With a balance sheet exceeding €55 billion, Municipality Finance is one of Finland's largest credit institutions, providing lending to municipalities, joint municipal authorities, wellbeing services counties, joint county authorities and related organizations, as well as affordable social housing. The company describes itself as Finland's first green and social bond issuer and operates actively in international capital markets, with its funding guaranteed by the Municipal Guarantee Board.
🏷️ Themes
Municipal Finance, Bond Issuance, Infrastructure Funding, Green Finance
Nasdaq Helsinki, formerly known as the Helsinki Stock Exchange (Finnish: Helsingin Pörssi, Swedish: Helsingforsbörsen), is a stock exchange located in Helsinki, Finland. Since 3 September 2003, it has been part of Nasdaq Nordic (previously called OMX). After the OMX merger, it was referred to as OMX...
Bonds used to fund projects which benefit the environment
A green bond is a fixed-income financial instrument (bond) which is used to fund projects that have positive environmental benefits. When referring to climate change mitigation projects they are also known as climate bonds. Green bonds follow the Green Bond Principles stated by the International Cap...
Municipality Finance's €1 billion bond issuance provides substantial funding for Finnish public infrastructure and social services, reinforcing its role as a key financier for municipalities. The bond strengthens the company's position in international capital markets and supports long-term investments in transportation, healthcare, and education.
Context & Background
Municipality Finance is one of Finland's largest credit institutions with a balance sheet exceeding €55 billion
The company is owned by Finnish municipalities, public sector pension fund Keva, and the State of Finland
It operates as Finland's first green and social bond issuer
The bond was issued under a €50 billion medium-term note programme
What Happens Next
The bond is expected to commence public trading on the Helsinki Stock Exchange operated by Nasdaq Helsinki. The raised funds will be allocated to infrastructure projects such as public transportation, hospitals, and schools across Finland.
Frequently Asked Questions
What is the interest rate on the bond?
The bond carries a fixed interest rate of 2.750% per annum.
Who managed the bond issuance?
J.P. Morgan SE, Natixis, Nordea Bank Abp and UBS Europe SE served as joint lead managers.
What does Municipality Finance fund with bond proceeds?
It funds infrastructure projects including public transportation, buildings, hospitals, schools, and affordable social housing.
Original Source
try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry Gold prices extend gains on fresh Trump tariff jitters Can gold rise to new highs above $5,600 in 2026? Bitcoin slips after earlier gains amid tariff volatility Bull vs. bear argument on Friday’s Supreme Court tariff ruling (South Africa Philippines Nigeria) Municipality Finance prices €1 billion bond due 2033 By Investing.com Company News Published 02/23/2026, 03:02 AM Municipality Finance prices €1 billion bond due 2033 0 FINLAND - Municipality Finance Plc issued a €1 billion benchmark bond on Monday with a maturity date of June 14, 2033, according to a press release statement. The bond carries a fixed interest rate of 2.750% per annum and was issued under the company’s €50 billion medium-term note programme for debt instruments. J.P. Morgan SE, Natixis, Nordea Bank Abp and UBS Europe SE served as joint lead managers for the transaction. Municipality Finance applied for the bond to be admitted to trading on the Helsinki Stock Exchange operated by Nasdaq Helsinki, with public trading expected to commence Monday. The company is one of Finland’s largest credit institutions with a balance sheet exceeding €55 billion. It is owned by Finnish municipalities, public sector pension fund Keva and the State of Finland. Municipality Finance provides lending to municipalities, joint municipal authorities, wellbeing services counties, joint county authorities and related organizations, as well as affordable social housing. The funding supports infrastructure projects including public transportation, buildings, hospitals, healthcare centers, schools and day care centers. The company operates as an active bond issuer in international capital markets and describes itself as Finland’s first green and social bond issuer. Its funding is guaranteed by the Municipal Guarantee Board. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.
