GUARANTEE ACTIVITIES
MGB together with the Municipality Finance (MuniFin) comprise the joint funding system of municipalities in Finland.
MuniFin’s funding originates from international capital markets and is guaranteed by MGB against sufficient security.
MuniFin’s lending is offered exclusively to Finnish municipalities, joint municipal authorities, wellbeing services counties and joint county authorities or their majority-owned companies, and non-profit housing organisations as stipulated in the MGB Act.
GUARANTEES AND COLLATERAL (31.12.2022)
EUR 62730 billion
Guarantee limits granted
EUR 47942 billion
Collateral received and items affecting collateral situation
EUR 45906 billion
Guarantees in use
EUR 2036 billion
Balance of collateral and guarantees
