On 1st February, KBN issued a new US$ 1.25 billion 3-year RegS/144a bond due 9th February 2015. This is KBN’s fifth outing under the 144a programme and their debut transaction of 2012.
The result for the third quarter gave net interest revenues of NOK 384 million, an increase of NOK 52 million compared to the same period last year. Accumulated net interest revenues so far this year amount to NOK 1,058 million, compared to NOK 851 million in the same period last year.
KBN continue its activity in the public markets by tapping its 10-year Kangaroo bond on Tuesday morning Sydney time on the back of positive feedback from a few key accounts.
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