The City of Gothenburg’s funding is mainly managed via established capital market programmes.
|EMTN, bond loans||EUR 6 bn||SEK 28,7 bn|
|CP, short loans <1 year||SEK 6 bn||SEK 1,6 bn|
|ECP, short loans <1 year||USD 0,5 bn||SEK 2,2 bn|
|Kommuninvest||-||SEK 6,7 bn|
|European Investment Bank, EIB||SEK 9,9 bn||SEK 5,3 bn|
|Nordic Investment Bank, NIB||SEK 1,0 bn||SEK 1,0 bn|
|Council of Europe Development Bank, CEB||EUR 0,2 bn||SEK 0,8 bn|
At the present time the City has a long-term programme in EMTN (Euro Medium Term Note) and short-term certificate programme CP (Commercial paper) and ECP (Euro Commercial Paper).The EMTN borrowing is limited to EUR 6 billion. The CP borrowing is limited to SEK 6 billion and the ECP borrowing is limited to USD 500 million.
The City of Gothenburg is a member of Kommuninvest of Sweden and has the opportunity of raising financing that way. The City has also subscribed to loans bilaterally such as European Investment Bank (EIB), Nordic Investment Bank (NIB) and Council of Europe Development Bank (CEB). The total amount in bilateral loans are 12,2 billion.