This page is aimed at companies and professional investors.
Bonds and commercial papers
DNB Carnegie offers capital raising as well as investment opportunities in the global debt market.
We solve financing needs
Does your company, municipality or institution need financing through a bond issue? Our Investment Banking division assists issuers with debt capital requirements. Our employees possess extensive knowledge and experience across a broad range of sectors. In Prospera, we are ranked as the best facilitator of bond and certificate issues in Norway for 14 consecutive years.
Bonds for non-professionals
Private individuals who wish to invest in bonds should consider bond funds, or other types of fixed-income funds. The fund then purchases shares in various bonds on your behalf as an investor.
Sustainable Bonds
DNB is a market leader in the Norwegian market for sustainable bonds. We offer several different types of bonds that are earmarked for investments with both environmental and social positive impact.
Listing of loans through bonds and certificates
Both bond loans and commercial paper loans are convertible fixed-income securities. In principle, these loan products are quite similar, but commercial paper has a shorter term and is generally more standardised than bond loans. The loans are normally interest-only and are repaid in full at maturity.
Who needs bond loans?
Typical issuers of bonds are large companies, banks, mortgage credit institutions, local and county councils. A bond loan can be unsecured, secured or guaranteed by a company other than the issuer. For financial institutions, bond debt is classified in accordance with separate capital adequacy rules. The classification determines the investor's status in the event of default.
Where can bonds be traded?
Most bonds and commercial paper are listed on the Oslo Stock Exchange, Nordic ABM or foreign marketplaces. This means they can be traded through banks and private brokerage houses, such as DNB Carnegie.
What are bonds and commercial paper?
Both bonds and commercial paper are securities used for financing. They are also called bond loans and certificate loans. Both bond loans and certificate loans are used by municipalities, large companies, banks or others as an alternative to ordinary bank loans, or as a supplement to spread the risk associated with bank loans.
Would you like to invest in bonds or commercial papers?
As one of Norway’s largest facilitators of publicly listed loan papers, loan and bond issues are continuously ongoing for other banks, local councils, county councils and larger companies, amongst others. These are open to larger investments. The risk of investing in bonds and commercial papers consists mainly of the issuer’s credit risk. There can also be a liquidity risk depending on how easy they are to trade, and market risk due to price volatility and interest rate risk. Read more.
Prices, terms and agreements
We do not have standardised prices for our bond products. When buying and selling bonds, exchange differences between the buy and sell price vary from trade to trade. Prices for issues are decided directly with the issuer.
Read the latest credit analyses and forecasts on our research portal.
Reputable credit research
DNB Carnegie has one of the Nordic region's highest-ranked credit research teams. The team has extensive product and market experience and works closely with the sales team and macro analysts. Together, we cover over 50 individual companies as well as the rest of the credit market. Each week, we publish updates and commentary on credit and High Yield. Our research portal gives you access to these reports and commentary.
Our Investment Banking services
Equity Capital Markets (ECM)
Effective capital raising with market-leading guarantees.
Financing Group (DCM)
We structure and arrange institutional loans and bonds.
Mergers & Acquisitions (M&A)
We are leaders in the Nordic region, with extensive transaction experience.
Sustainable Finance
We have a dedicated team for sustainable investment advisory.
Sector team
We have a deep understanding and investment ability in all sectors.