Danske Bank: Swedish bond auction expected to set the tone for March syndicated deal.

Joel Rossier of Danske Bank stated in a report that the results of the Swedish government bond auction on Wednesday, before the 10-year bond syndication in March, are a key litmus test of investor demand. The Swedish National Debt Office will auction a total of 8 billion Swedish kronor worth of government bonds maturing in June 2032 and October 2036. The senior analyst said, "The results of today's auction may be particularly important as it could set the tone for the new 10-year government bond syndication worth 20 billion Swedish kronor scheduled for March 11th."