Bonds has lowered financing costs

OmaSp has been active in the bond market since 2013. They have enabled the bank to diversify its refinancing base and extend the maturity of its funding portfolio. As of December 2020, five of OmaSp's bonds are still outstanding.

On September 2020, Standard & Poor's affirmed OmaSp's credit rating at BBB + for long-term funding and A-2 for short-term funding. OmaSp's covered bond program and the covered bond issued under it were assigned a credit rating in September 2020 and are AAA.