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MNI INTERVIEW: Finnish Dollar Bond Sales Not Attractive Now

(MNI) London

Dollar issuance is currently relatively expensive, a Finnish Treasury official tells MNI.

Market pricing means Finland is currently unlikely to issue dollar-denominated debt, a senior Treasury official told MNI, adding that there we no changes to existing funding plans.

"Any dollar bond issuance would be subject to market conditions, i.e. matching the cost of equivalent euro issuance. Given current market pricing, it does not seem very likely in the short term,” Anu Sammallahti, Deputy Director; Funding, Liquidity and Investor Relations at the Finnish State Treasury Finance Division, said in an answer to emailed questions.

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Market pricing means Finland is currently unlikely to issue dollar-denominated debt, a senior Treasury official told MNI, adding that there we no changes to existing funding plans.

"Any dollar bond issuance would be subject to market conditions, i.e. matching the cost of equivalent euro issuance. Given current market pricing, it does not seem very likely in the short term,” Anu Sammallahti, Deputy Director; Funding, Liquidity and Investor Relations at the Finnish State Treasury Finance Division, said in an answer to emailed questions.

Keep reading...Show less