Kuntarahoitus (or MuniFin) is the leading provider of financial services to Finland's local government and public housing sectors. It is 100% public sector-owned: 53% by municipalities, 31% Keva (public pension fund) and 16% Republic of Finland. It only finances to the Finnish public sector and public housing sector, its main customers include municipalities, municipality-owned companies and public housing companies. MuniFin is one of the most active Finnish bond issuers in international capital markets and the first Finnish green and social bond issuer.
MuniFin is committed to understanding, monitoring and managing the social, environmental and economic impact of its own activities and the financing offered to its customers in order to contribute to the Finnish society’s wider goals of sustainable development. This commitment is integrated in the core values and mission of MuniFin, as well as demonstrated through all operations and policies. This Social Bonds Framework is aligned with the strategy and Responsibility Policy of MuniFin.