Swedish property companies must roll over $40.8 billion of maturing bond debt over the next five years, a quarter of which falls due in 2023, according to Bloomberg. Floating-rate bonds and near-term maturities render the Swedish real estate market more vulnerable than others in Europe, especially in the current environment where surging inflation has led to aggressive tightening of monetary policy by central banks. According to Bloomberg, 69.3 percent of property bonds issued in Swedish krona have floating interest rates, compared to two percent of bonds issued in Euros.

Last Updated on October 19, 2022 by Ramin Seddiq