Kuntien TakauskeskusKommunernas GaranticentralMunicipal Guarantee Board

The purpose of the institution under public law called the Municipal Guarantee Board is to safeguard and develop the joint funding of municipalities.

In order to fulfil the purpose, the Guarantee Board can grant guarantees for such funding of credit institutions directly or indirectly owned or controlled by municipalities which will be used for lending to municipalities and municipal federations, and to institutions which are wholly owned by municipalities or under their control and for credit institution funding, which will be used for lending to corporations designated by government authorities and engaged in the renting or production and maintenance of housing on social grounds or corporations controlled by them.

Disclaimer

The information contained on this website does not constitute an offer of securities for sale in the United States, Australia, Canada, Japan or any other jurisdiction where to do so would be unlawful.  No securities have been, or will be, registered under the US Securities Act of 1933, as amended, or with any securities regulatory authority of any state or other jurisdiction in the United States.  No securities may be offered or sold, directly or indirectly, into the United States absent registration or an exemption from registration under the US Securities Act.

Nothing on this website (or any website to which this website has hypertext links) constitutes an invitation or offer to acquire any securities guaranteed by the Municipal Guarantee Board.

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 14/06/2017

Moody's Credit Opinion for the Municipal Guarantee Board published
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 22/12/2016

Standard & Poor's affirmed the Municipal Guarantee Board's AA+ long-term credit rating with stable outlook
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03.10.2016
Standard & Poor's revised the Municipal Guarantee Board's AA+ rating outlooks to stable after similar action on sovereign
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15.6.2016
Moody's Credit Opinion for the Municipal Guarantee Board published
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15.6.2016
Moody's research on Nordic local governments
Credit quality boosted by support expectation and inherent strenghts
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8.6.2016
Moody's downgraded MGB's credit rating to Aa1 with stable outlook after similar action on sovereign

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2.12.2015
Standard & Poor's affirmed the Municipal Guarantee Board AA+ long-term credit rating with negative outlook

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17.11.2015
MGB seminar on The current state of the Euro and its future III

Keynote speaker Professor Volker Wieland, University of Frankfurt
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Municipal Guarantee Board | Yrjönkatu 11 A 1, FI-00120 Helsinki | tel. +358 (0)9 6227 2880 | fax +358 (0)9 6227 2882