The Central Bank of Savings Banks Finland sold its second public bond issue on Tuesday, choosing what proved to be a slim window of stability to print a €250m two year senior unsecured FRN that the bank’s head of treasury said will fund a mortgage bank the group is establishing.

The Central Bank of Savings Banks Finland (Sp Central Bank) yesterday (Thursday) mandated an inaugural, senior unsecured bond and here Kai Brander, head of treasury, Sp Central Bank discusses the project.

The Central Bank of Savings Banks Finland is planning an inaugural, senior unsecured bond in a move that will mark the reopening of wholesale funding for the Finnish Savings Banks Group.