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Published on 9/27/2006 in the Prospect News Structured Products Daily.

Svensk Exportkredit plans 0% notes linked to Goldman Sachs Commodity Index - Total Return

By Jennifer Chiou

New York, Sept. 27 - AB Svensk Exportkredit plans to price an issue of notes due Oct. 19, 2007 linked to the Goldman Sachs Commodity Index - Total Return index, according to a 424B2 filing with the Securities and Exchange Commission.

Interest, which will be payable quarterly, will be three-month Libor minus 27 basis points.

The payout at maturity will be determined according to the index gain or decline times a leverage factor of triple the gain or decline.

The notes may be redeemed in whole for not less than 88% of the principal amount plus accrued interest.

The notes will price on Sept. 27 and settle on Oct. 18.

Goldman, Sachs & Co. will be the underwriter.


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