By Emese Bartha
Norway plans to issue between 95 billion kroner and 105 billion kroner ($8.50 billion - $9.39 billion) in government bonds in 2025, with at least half of this in maturities of over seven years, Norges Bank said Friday.
A new 10-year bond will be launched in February via a syndicated transaction, and one of the existing bonds will be reopened via syndication in May or June, it said in its borrowing plan for next year.
Norges Bank plans to conduct 25 government bond auctions next year, with most of them to be arranged simultaneously for two bonds with different maturities, it said.
In the first quarter of 2025, government bond issuance via auctions is planned at between 15 billion kroner and 22 billion kroner, and a further 20 billion kroner to 25 billion kroner is planned to be issued via syndication, Norges Bank said.
Write to Emese Bartha at emese.bartha@wsj.com
(END) Dow Jones Newswires
12-13-24 0303ET