Our commercial paper programmes provide an additional source of financing and offer access to capital market investors.
Commercial paper
We have three commercial paper programmes. The programme for the European money market was established in 2021, for the Finnish money market in 2016 and for the Swedish money market in 2015.
The maximum issue limit is EUR 500 M for the European commercial paper programme, EUR 200m for the Finnish commercial paper programme and SEK 2,500 M for the Swedish commercial paper programme.
These programmes allow us to issue certificates in euros and Swedish krona and are short term-debt instruments that are issued with a duration of less than one year.