The municipality of Fredrikstad lists its first bond issue on Oslo Børs today.
The bond loan that is admitted to listing today – Fredrikstad komm 16/20 1,64% – is an issue of NOK 300 million with an interest rate of 1.64%. Danske Markets is the manager for the issue.
More and more municipalities are choosing to list their bonds on the Oslo Børs marketplaces. Stock exchange listing gives municipalities access to a broader base of investors. Many investors want the bonds they own to be stock exchange listed, and new issue managers are happy to recommend that municipalities list their bonds. 2015 saw 26 new issuers list bonds on the Oslo Børs marketplaces for the first time, and six of the new issuers were municipalities.