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Published on 6/21/2007 in the Prospect News Structured Products Daily.

Svensk Exportkredit to price Elements linked to Rogers International Commodity - Energy Total Return

By Jennifer Chiou

New York, June 21 - AB Svensk Exportkredit plans to price 0% Elements due 2022 linked to the Rogers International Commodity Index - Energy Total Return via agents Nuveen Investments and Merrill Lynch & Co., according to a 424B2 filing with the Securities and Exchange Commission.

The index represents the value of a basket of six energy commodity futures contracts and is a sub-index of the Rogers International Commodity Index - Total Return.

At maturity, investors will receive par plus the index return, less an annual investor fee of 0.75% times the proportion of days elapsed.

Ninety days after the issue date, holders may put back the notes for repurchase on a weekly repurchase date. There is a minimum of $5 million of securities.

Svensk Exportkredit intends to list the securities on the New York Stock Exchange under the ticker "ECT."


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