KommuneKredit expects to issue approximately DKK 36bn (EUR 5bn) of long-term funding with maturities above one year in 2021. The funding budget is higher than the funding volumes raised in 2020.
It is KommuneKredit’s strategy to strengthen our presence as a green and sustainable bond issuer. We have been issuing green bonds since 2017 and expect steady growth in our green loan portfolio to secure a new green benchmark bond issue in 2021.
Our general funding strategy is to continue issuing bonds in various markets, securing stable access to funding and a diversified investor base. The funding strategy remains focused on strategic core benchmark markets in EUR, USD and DKK.
KommuneKredit will continue to manage its funding redemption profile actively in 2021 and expects funding requirements in both medium-term and long-term maturities.
In 2020, KommuneKredit issued benchmarks in EUR, USD and DKK as well as private placements and tap issues in various currencies. Long-term funding was issued in maturities ranging from 4 to 25 years.