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 three systemically important financial institutions in Norway.
KBN’s net interest income in the second quarter was NOK 538 million as compared to NOK 467 million in the same period in 2016. KBN’s profit for the second quarter was NOK 90 million, and was affected by unrealised losses on financial instruments. More
KBN reduces its margin on loans with floating Nibor-indexed interest rate by 0.1 percentage point with effect from 1 August. More
16 May KBN priced their third EUR benchmark. Indications of Interest were in excess of 1 billion. Orderbook momentum continued with over EUR 1.3 billion of orders from a range of high quality accounts. KBN finances its lending to the local government
sector by borrowing in the capital markets. More