Commentary & Deal Flow

Launched: 3yr: €2bn @ MS-5bp - Books above €7.5bn (incl. €100m JLM interest)
Guidance: 3yr: MS-3a

• Issuer: Kingdom of Sweden
• LEI: ERE94C0BSULG2RM19605
• Issuer Ticker: SWED Govt
• Issuer Rating: Aaa/AAA/AAA/AAA (Moody's/S&P/Fitch/Scope)
• Format: Senior Unsecured, Reg S, Registered
• Size: €2bn
• Trade Date: 10-Jun-26
• Settlement Date: 18-Jun-26 (T+6)
• Maturity Date: 18-Jun-29 (3-years)
• Coupon: Fixed (FXD), Annual, ACT/ACT
• Documentation: USD 50,000,000,000 Programme for the Issuance of Debt Instruments dated 28-Sep-23
• Selling Restrict.: As per USD 50,000,000,000 Programme for the Issuance of Debt Instruments
• Governing Law: English
• Listing: London Stock Exchange
• Denominations: €100,000 + €1,000
• JLMs: BNP Paribas, Danske Bank, SEB and Swedbank
• Target Market: Manufacturer target market (MIFID II / MIFIR product governance) is eligible counterparties and professional clients only (all distribution channels). No EEA PRIIPs key information document (KID) or disclosure document required by the FCA Product Disclosure Sourcebook (DISC) has been prepared as not deemed within scope/not available to retail in EEA or in the UK
• ISIN: XS3408819749
• Timing: Books to close 11:15 CEST / 10:15 UKT
• Advertisement: https://www.riksgalden.se/contentassets/0ec2daef1268405986b39c6891f3c5c0/central-government-borrowing-2025-2.pdf