The information contained on this website does not constitute an offer of securities for sale in the United States, Australia, Canada, Hong Kong, Japan, Singapore or any other jurisdiction where to do so would be unlawful. No securities have been, or will be, registered under the US Securities Act of 1933, as amended, and no securities may be offered or sold, directly or indirectly, within the United States, or to, or for the account or benefit of any U.S. persons (as such terms are defined in Regulation S under the Securities Act).
Nothing on this website constitutes an invitation or offer to sell, or the solicitation of an invitation or offer to buy any securities issued by the Employment Fund. The information contained within this website is provided by the Employment Fund in good faith and is for reference purposes only.
Stock Exchange Release
October 7, 2022 at 15.30
S&P Global Ratings has affirmed on October 7, 2022, its AA+(Stable)/A-1+ issuer credit rating on The Employment Fund.
S&P equalizes its ratings on The Employment Fund with the ratings on Finland. The current credit rating of the Republic of Finland from S&P is AA+(Stable)/A-1+.
The Employment Fund issued on 16 June 2020 two senior unsecured bonds of EUR 600 million each. S&P Global Ratings has assigned an issue credit rating of AA+ on these Bonds.
Helsinki, 7 October 2022
The Employment Fund
Chief Financial Officer
Janne Metsämäki, Managing Director. tel. +358 40 522 3614
Tapio Oksanen, CFO tel. +358 40 539 4651
NASDAQ OMX Helsinki
The Employment Fund brings comfort in the changes of the working life. We collect the unemployment insurance contributions that are among other things financing the earnings-related unemployment benefits and urging forward the innovation of learning with the adult education allowance.
Annual Report for 2022 has been published on 21 March 2023.
Improving employment reduced unemployment security expenditure and strengthened net position.