Riksgälden; Great Demand In Kingdom Of Sweden's New Foreign Currency Bond

The return of the Kingdom (SNDO) to the international capital market after two years' absence was successful. The new foreign currency bond was issued in the Eurodollar market. "We are very pleased with the execution. We saw a strong demand and the bond was broadly distributed among institutional investors world wide" says Maria Norström, Deputy Head of Funding.

Bond terms 2 billion Eurodollar 1.875 % 2012-03-12 Price: 99.876 Spread versus mid swaps: plus 25 basis points Spread versus US Treasury: plus 87.65 basis points Lead managers: Citigroup, JPMorgan and Nordea

In our revised budget forecast we anticipate foreign currency funding in 2009 of roughly SEK 30 billion. As early as in the second week of this year, we were offered very attractive funding terms. Therefore, SNDO decided to take advantage of the positive market sentiment to issue a new large benchmark bond in dollar, corresponding to around SEK 16 billion. The demand was very strong and the investor base was broad. 54 per cent of the bond was placed with central banks, 33 per cent with banks and 13 per cent with funds and pension funds. The market perception was most positive.

Some market comments: "Sweden's return to the dollar market after an absence was most welcome. It is rare and is held in high esteem by a broad array of investors. The deal was correctly priced and we expect it to perform very well, as all past Sweden deals have done."

For more information, please contact:: Maria Norström, Deputy Head of Funding, +46 8 613 46 35

This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.

Riksgälden

http://www.rgk.se/

Stock Identifier: SSE.RIKS