Finland

Finnish borrower satisfies higher measures to be considered a regional government by Eurosystem

Sale of Sampo stock on Thursday night raises €497m for Finland

Antti Saha, head of DCM at Nordea in Helsinki, says the Nordics are 'where the action is'

Rise in Romanian interest rates behind pair's widely different coupons

Exit from stake in the Nordic region's largest bank follows pressure from an activist hedge fund

The Finnish financial services group is focusing on its insurance assets following pressure from activist hedge fund Elliot International

Two public sector issuers will come to market for euro trades on Tuesday, testing conditions as the autumn borrowing season gets underway

Private placements are expected to make up the bulk of Swedish covered bond paper throughout the latter half of 2021 and, with the Nordic summer holiday period coming to end, issuance from the region is expected to kick off ahead of the eurozone.

Finnish insurer Sampo has bought back more euro-denominated senior bonds as it looks to reduce its leverage, though it failed to gain approval to redeem the remaining bonds ahead of their maturity.

Apex Partners has cut its stake in TietoEvry, the Finnish software and IT services company, via an accelerated bookbuild.

Finland’s Municipality Finance has sold its first bond linked to one of the new risk-free rates, opting for the Secured Overnight Financing Rate for its $200m floater.

Covered bonds issued this week by SCBC and Bank of New Zealand were thinly oversubscribed and illustrated that investors are still sensitive to price, albeit that demand was good for a small green debut from Eika Boligkreditt and a tap from Oma Savings Bank.