KommuneKredit expects to issue EUR 5 bn of long-term funding during 2022. The funding budget is thereby slightly lower than the funding volumes raised in 2021.
It is KommuneKredit’s strategy to strengthen our presence as a green and sustainable bond issuer. We have been issuing green bonds since 2017 and expect steady growth in our green loan portfolio to secure a new green benchmark bond issue also in 2022.
Our general funding strategy is to continue issuing bonds in various markets, securing stable access to funding and a diversified investor base. The funding strategy remains focused on strategic core benchmark markets as we will continue to provide benchmark sized issues in both EUR, USD and other currencies.
KommuneKredit will continue to manage its funding redemption profile actively also in 2022 and we expect to have funding requirements in both short- medium- and long maturities. In 2021, KommuneKredit issued benchmarks as well as private placements and tap issues as we were active in AUD, CHF, DKK, EUR, GBP, NOK, SEK and USD. Over the year funding was issued in maturities ranging from 3 to 25 years.