Successful 3-year USD benchmark
On Wednesday 8th October 2025, KBN successfully issued a USD 1 billion benchmark.
Completion of KBN’s 2025 benchmark funding
– We’re pleased to announce the successful completion of our 2025 Benchmark funding, marked by a strong, successful 3-year USD transaction this week. The deal saw solid oversubscription, tight pricing relative to US Treasuries, and performance in the secondary market – an excellent way to finish off our benchmark funding activities for the year. We sincerely thank our investors for their continued trust and support, says Marius Ruud, Senior VP, International Funding at KBN.
Strong support from Central Banks and Official Institutions
Take-up from the Central Bank and Official Institution community was high, with 57% sold to this investor base. Bank Treasury portfolios also provided significant support to the transaction with 26% of the bonds going to them, and Asset Managers, Insurance, Pension Funds and Corporates buying the remaining 17% of the bonds.