Kommuninvest Investor Presentation
Kommuninvest Investor presentation
Value and security
for investors
Explicit, irrevocable, unlimited, joint and several guarantee from owners.
Swedish local governments have constitutional right to levy income tax on
citizens and cannot be declared bankrupt. Investors can make a claim on
any, or all, of the guarantors without a court order.
Regulated by the Swedish FSA which has concluded that the risk exposure
associated with Kommuninvest securities is equivalent to government
securities.
Lowest possible credit risk (0% risk weight, Basel II). Highest possible
liquidity (LCR "Level 1", Basel III). Applicable in EU, Schweiz, Singapore,
Sweden, UK and USA.
Monetary policy counterparty to the Riksbank and a member of the central
clearing- and payment system, RIX.
Repo eligible at the Riksbank, ECB, Fed, and the central banks of Australia,
Singapore and Schweiz.
Eligible as collateral at London Clearing House (LCH)* and Nasdaq OMX.
*Since March 2021 Kommuninvest bonds can be posted as Initial Margin by both direct clearing
members and non-clearing members
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