KBN’s funding program
KBN maintains the highest possible credit rating, (Aaa/AAA, Stable/Stable), from Moody’s and Standard & Poor’s and is identified as one of two systemically important financial institutions in Norway.
In 2017, KBN granted 646 new loans totalling NOK 55 billion to finance Norwegian local government sector welfare services. The total lending portfolio grew 5.7%, which is slightly above the total debt growth in the sector. KBN has an important role in offering long-term financing and has seen growth in long-term loans in 2017, whereas KBN’s market share has remained stable. More
On Tuesday 20 March 2018 KBN issued its second USD-denominated benchmark bond of the year. The bond raised USD 1.25 billion with a maturity of two years. More