Nordic Investment Bank 18K Annual report (foreign governments) | SEC 11 Jan 08

Exhibit I

NORDIC INVESTMENT BANK

Summary Schedule of Funded Debt

Outstanding at December 31, 2006


								Amount
								outstanding at
								December 31,
				Initial amount				2006
				In currency of		In equivalent		in equivalent of
Currency	Issues	Interest %	Maturities	borrowing		of USD		USD *
				(in thousands)		(in thousands)		(in thousands)
US dollars	61	0.000 - 12.700	2007-2036		7,664,542		7,664,542		7,659,709
Japanese yen	135	0.000 - 14.72824	2007-2036		237,467,600		1,992,893		1,984,501	*
Pound Sterling	10	3.32869 - 14.750	2007-2032		1,088,350		2,134,564		2,592,902	*
EUR	23	0.000 - 13.99763	2007-2025		940,618		1,238,796		1,029,227	*
Swedish kronor	5	4.750 - 7.000	2007-2008		2,000,000		291,359		291,359
Norwegian kroner	3	4.250 - 6.250	2007-2012		1,400,000		223,816		223,816
Danish kroner	1	5.500	2008		750,000		132,477		132,477
Australian dollars	15	0.5000 - 6.125	2007-2011		276,500		2,181,718		2,102,024
Canadian dollars	2	3.950 - 4.5000	2010-2014		160,000		137,897		137,897
Swiss francs	1	6.125	Perp.		200,000		163,918		16,039
Hong Kong dollar	17	0.000 - 10.500	2007-2017		4,202,657		540,470		548,163
South African rand	4	0.000 - 13.5000	2007-2027		410,000		58,613		80,423
Taiwan dollars	8	0.000 - 3.000	2007-2010		13,800,000		424,289		402,767	*
Polish zloty	1	5.500	2022		100,000		34,377		34,377
Singapore dollars	1	4.750	2009		150,000		97,787		97,787
Slovakian koruna	3	4.170 - 8.400	2007-2009		4,750,000		181,668		181,668
Icelandic Kronur	3	4.750 - 12.750	2007-2017		9,000,000		127,274		122,012
New Zealand dollars	2	6.000 - 6.625	2008-2009		200,000		140,668		140,668
Latvian lats	1	4.250	2007		5,000		9,445		9,445
New Turkish lira	7	10.000-16.250	2007-2016		337,500		238,459		220,795
Mexican Peso	2	7.430 - 8.090	2009-2011		1,373,690		126,594		126,594


TOTAL									18,134,650


*		Includes a floating rate issue.

The figures included in this schedule do not agree directly to the amounts in the balance sheet which also include premiums, discounts and adjustments related to hedge accounting.

NORDIC INVESTMENT BANK

Schedule of Annual Amortization of Funded Debt

Outstanding at December 31, 2006 (in millions of EUR)


Currency	2007		2008		2009		2010		2011		After 2011		Total
U.S. dollars		73.9		64.7		1,379.7		782.0		850.4		2,665.3		5,816.0
Japanese yen		288.1				6.4		12.7		73.3		1,126.3		1,506.8
Pound Sterling		143.0		422.4		74.5						1,328.9		1,968.8
EUR		104.5		91.5		59.9		85.0		250.0		190.6		781.5
Swedish kronor		165.9		55.3								0.0		221.2
Norwegian kroner		109.3										60.6		169.9
Danish kroner				100.6								0.0		100.6
Swiss francs												12.3		12.3
Australian dollars		461.4		283.4		551.7		299.6				0.0		1,596.1
Canadian dollars								39.3				65.4		104.7
Hong Kong dollar		122.0		37.5		68.4		48.8				139.5		416.2
New Taiwan dollars		23.3		126.0				109.7				46.8		305.8
South African rand		8.7						40.5				11.9		61.1
Polish zloty												26.1		26.1
Singapore dollars						74.3						0.0		74.3
Slovakian koruna		29.0				108.9						0.0		137.9
Icelandic kronur		66.9		2.5		2.5		2.5		2.5		15.7		92.6
New Zealand dollars				53.4		53.4						0.0		106.8
Latvian lats												7.2		7.2
New Turkish lira		26.8				123.3						17.6		167.7
Mexican Peso						26.1				70.0		0.0		96.1

Total		1,622.8		1,237.3		2,503.0		1,420.1		1,176.2		5,810.3		13,769.7

The figures included in this schedule do not agree directly to the amounts in the balance sheet which also include premiums, discounts and adjustments related to hedge accounting.

NORDIC INVESTMENT BANK

Schedule of Funded Debt, December 31, 2006 (in thousands)


									Amount outstanding at
					Initial amount				December 31, 2006
							In				In
			Issue Date/		In currency of		equivalent		In currency of		equivalent
Currency	Interest %		Maturity		borrowing		of USD		borrowing		of USD *
US dollars		5.8750		1998-2008		500,000		500,000		500,000		500,000
US dollars		5.8750		1999-2008		150,000		150,000		100,647		100,647
US dollars		5.4000		1999-2009		100,000		100,000		100,000		100,000
US dollars		5.7000		2001-2007		100,000		100,000		100,000		100,000
US dollars		5.4600		2001-2008		56,000		56,000		30,500		30,500
US dollars		6.2300		2002-2022		20,000		20,000		20,000		20,000
US dollars		6.2100		2002-2022		20,000		20,000		20,000		20,000
US dollars		6.1850		2002-2022		20,000		20,000		20,000		20,000
US dollars		6.2500		2002-2022		20,000		20,000		20,000		20,000
US dollars		0.0000		2002-2022		19,798		19,798		25,701		25,701	**
US dollars		6.6800		2002-2032		25,007		25,007		32,389		32,389	**
US dollars		0.5000		2002-2012		142,000		142,000		142,000		142,000
US dollars		6.6000		2002-2032		12,303		12,303		15,887		15,887	**
US dollars		0.5000		2002-2012		196,000		196,000		196,000		196,000
US dollars		3.7700		2002-2009		100,000		100,000		100,000		100,000
US dollars		0.5000		2003-2013		48,000		48,000		48,000		48,000
US dollars		0.0000		2003-2033		20,000		20,000		24,330		24,330	**
US dollars		0.5000		2003-2013		62,000		62,000		62,000		62,000	**
US dollars		0.0000		2003-2033		20,000		20,000		24,023		24,023	**
US dollars		0.0000		2003-2033		25,000		25,000		29,818		29,818	**
US dollars		3.1250		2003-2008		1,000,000		1,000,000		1,000,000		1,000,000
US dollars		0.0000		2003-2024		28,386		28,386		33,980		33,980	**
US dollars		0.0000		2003-2028		24,426		24,426		28,927		28,927	**
US dollars		0.0000		2003-2033		20,000		20,000		23,807		23,807	**
US dollars		0.0000		2003-2033		11,400		11,400		13,578		13,578	**
US dollars		0.0000		2003-2033		19,238		19,238		22,796		22,796	**
US dollars		0.0000		2003-2030		21,766		21,766		25,785		25,785	**
US dollars		0.0000		2003-2033		20,000		20,000		23,989		23,989	**
US dollars		0.0000		2003-2033		20,000		20,000		23,982		23,982	**
US dollars		0.0000		2003-2025		20,175		20,175		24,131		24,131	**
US dollars		0.0000		2003-2033		30,000		30,000		36,320		36,320	**
US dollars		0.0000		2003-2033		100,000		100,000		122,163		122,163	**
US dollars		0.0000		2003-2033		50,000		50,000		61,206		61,206	**
US dollars		0.5000		2003-2014		150,000		150,000		102,000		102,000
US dollars		4.0000		2003-2009		40,000		40,000		40,000		40,000
US dollars		0.0000		2003-2033		25,000		25,000		30,515		30,515	**
US dollars		3.8800		2003-2009		100,000		100,000		100,000		100,000
US dollars		2.8750		2004-2009		1,000,000		1,000,000		1,000,000		1,000,000
US dollars		3.8800		2004-2011		100,000		100,000		100,000		100,000
US dollars		4.0400		2004-2012		100,000		100,000		100,000		100,000
US dollars		3.2600		2004-2008		20,000		20,000		20,000		20,000
US dollars		4.4300		2004-2014		100,000		100,000		100,000		100,000
US dollars		4.2100		2004-2012		100,000		100,000		100,000		100,000
US dollars		6.1500		2004-2024		27,280		27,280		30,738		30,738	**
US dollars		3.2600		2004-2014		100,000		100,000		100,000		100,000
US dollars		6.1700		2005-2025		30,197		30,197		32,060		32,060	**)


									Amount outstanding at
					Initial amount				December 31, 2006
							In				In
			Issue Date/		In currency of		equivalent		In currency of		equivalent
Currency	Interest %		Maturity		borrowing		of USD		borrowing		of USD *
US dollars		3.8750		2005-2010		1,000,000		1,000,000		1,000,000		1,000,000
US dollars		12.7000		2005-2015		25,000		25,000		25,000		25,000
US dollars		6.0000		2005-2025		31,180		31,180		33,051		33,051	**)
US dollars		8.5000		2005-2036		10,000		10,000		10,000		10,000
US dollars		0.0000		2005-2008		24,673		24,673		24,673		24,673	**)
US dollars		4.2500		2005-2009		500,000		500,000		500,000		500,000
US dollars		0.0000		2005-2008		10,029		10,029		10,029		10,029	**)
US dollars		4.8750		2006-2011		1,000,000		1,000,000		1,000,000		1,000,000
US dollars		6.3400		2006-2009		33,340		33,340		33,340		33,340	**)
US dollars		4.5900		2006-2011		20,000		20,000		20,000		20,000
US dollars		4.6800		2006-2010		16,000		16,000		16,000		16,000
US dollars		0.0000		2006-2036		10,000		10,000		10,000		10,000	**)
US dollars		0.0000		2006-2036		29,999		29,999		29,999		29,999	**)
US dollars		0.0000		2006-2036		26,345		26,345		26,345		26,345	**)
US dollars		4.3500		2006-2010		14,000		14,000		14,000		14,000
Japanese yen		3.0450		1995-2007		5,000,000		41,961		5,000,000		41,961
Japanese yen		0.0000		1995-2010		2,000,000		16,785		2,000,000		16,785
Japanese yen		3.0200		1997-2007		9,588,000		80,465		9,588,000		80,465
Japanese yen	Floating			1997-2007		2,000,000		16,785		2,000,000		16,785
Japanese yen		3.2000		1997-2007		9,270,000		77,796		9,270,000		77,796
Japanese yen		3.0800		1997-2007		9,450,000		79,307		9,450,000		79,307
Japanese yen		3.1000		1997-2007		9,909,600		83,164		9,909,600		83,164
Japanese yen		5.2400		1997-2022		5,000,000		41,961		5,000,000		41,961
Japanese yen	Floating			1998-2013		1,000,000		8,392		1,000,000		8,392
Japanese yen	Floating			1998-2018		2,000,000		16,785		2,000,000		16,785
Japanese yen	Floating			1998-2028		4,000,000		33,569		4,000,000		33,569
Japanese yen	Floating			1999-2014		1,000,000		8,392		1,000,000		8,392
Japanese yen	Floating			1999-2019		500,000		4,196		500,000		4,196
Japanese yen	Floating			1999-2017		4,000,000		33,569		4,000,000		33,569
Japanese yen	Floating			1999-2009		1,000,000		8,392		1,000,000		8,392
Japanese yen	Floating			1999-2019		1,000,000		8,392		1,000,000		8,392
Japanese yen	Floating			1999-2014		500,000		4,196		500,000		4,196
Japanese yen		2.0000		1999-2011		3,000,000		25,177		3,000,000		25,177
Japanese yen	Floating			1999-2019		500,000		4,196		500,000		4,196
Japanese yen	Floating			1999-2014		1,100,000		9,232		1,100,000		9,232
Japanese yen	Floating			1999-2019		1,000,000		8,392		1,000,000		8,392
Japanese yen	Floating			1999-2019		1,100,000		9,232		1,100,000		9,232
Japanese yen		2.6750		1999-2011		8,000,000		67,138		8,000,000		67,138
Japanese yen		3.3200		2000-2020		1,000,000		8,392		1,000,000		8,392
Japanese yen	Floating			2001-2026		3,000,000		25,177		3,000,000		25,177
Japanese yen	Floating			2001-2026		1,000,000		8,392		1,000,000		8,392
Japanese yen	Floating			2001-2031		1,000,000		8,392		1,000,000		8,392
Japanese yen	Floating			2001-2016		3,000,000		25,177		3,000,000		25,177
Japanese yen	Floating			2001-2031		1,000,000		8,392		1,000,000		8,392
Japanese yen	Floating			2001-2026		1,000,000		8,392		1,000,000		8,392
Japanese yen	Floating			2002-2031		2,700,000		22,659		2,700,000		22,659
Japanese yen	Floating			2002-2027		1,300,000		10,910		1,300,000		10,910
Japanese yen	Floating			2002-2032		5,500,000		46,158		5,500,000		46,158


									Amount outstanding at
					Initial amount				December 31, 2006
							In				In
			Issue Date/		In currency of		equivalent		In currency of		equivalent
Currency	Interest %		Maturity		borrowing		of USD		borrowing		of USD *
Japanese yen	Floating			2002-2032		2,900,000		24,338		2,900,000		24,338
Japanese yen	Floating			2002-2027		1,200,000		10,071		1,200,000		10,071
Japanese yen	Floating			2002-2032		1,200,000		10,071		1,200,000		10,071
Japanese yen	Floating			2002-2032		1,000,000		8,392		1,000,000		8,392
Japanese yen	Floating			2002-2032		1,400,000		11,749		1,400,000		11,749
Japanese yen	Floating			2002-2032		2,200,000		18,463		2,200,000		18,463
Japanese yen	Floating			2002-2032		1,700,000		14,267		1,700,000		14,267
Japanese yen	Floating			2002-2032		1,400,000		11,749		1,400,000		11,749
Japanese yen	Floating			2002-2032		2,000,000		16,785		2,000,000		16,785
Japanese yen	Floating			2002-2032		1,200,000		10,071		1,200,000		10,071
Japanese yen	Floating			2002-2032		1,000,000		8,392		1,000,000		8,392
Japanese yen	Floating			2002-2032		1,000,000		8,392		1,000,000		8,392
Japanese yen	Floating			2002-2032		1,100,000		9,232		1,100,000		9,232
Japanese yen	Floating			2002-2032		1,100,000		9,232		1,100,000		9,232
Japanese yen	Floating			2002-2022		1,000,000		8,392		1,000,000		8,392
Japanese yen	Floating			2002-2032		1,000,000		8,392		1,000,000		8,392
Japanese yen	Floating			2002-2032		1,200,000		10,071		1,200,000		10,071
Japanese yen	Floating			2002-2032		2,200,000		18,463		2,200,000		18,463
Japanese yen	Floating			2002-2032		1,000,000		8,392		1,000,000		8,392
Japanese yen	Floating			2002-2032		1,000,000		8,392		1,000,000		8,392
Japanese yen	Floating			2002-2032		1,100,000		9,232		1,100,000		9,232
Japanese yen	Floating			2002-2032		2,000,000		16,785		2,000,000		16,785
Japanese yen	Floating			2002-2032		2,000,000		16,785		2,000,000		16,785
Japanese yen	Floating			2002-2032		3,000,000		25,177		3,000,000		25,177
Japanese yen	Floating			2002-2032		1,400,000		11,749		1,400,000		11,749
Japanese yen	Floating			2002-2032		1,000,000		8,392		1,000,000		8,392
Japanese yen		3.4800		2002-2014		5,000,000		41,961		5,000,000		41,961
Japanese yen	Floating			2002-2017		1,100,000		9,232		100,000		839
Japanese yen	Floating			2002-2032		1,000,000		8,392		1,000,000		8,392
Japanese yen	Floating			2002-2032		1,000,000		8,392		1,000,000		8,392
Japanese yen	Floating			2003-2033		1,000,000		8,392		1,000,000		8,392
Japanese yen	Floating			2003-2033		1,000,000		8,392		1,000,000		8,392
Japanese yen	Floating			2003-2033		1,000,000		8,392		1,000,000		8,392
Japanese yen	Floating			2003-2033		1,000,000		8,392		1,000,000		8,392
Japanese yen	Floating			2003-2033		1,000,000		8,392		1,000,000		8,392
Japanese yen	Floating			2003-2033		1,000,000		8,392		1,000,000		8,392
Japanese yen	Floating			2003-2033		3,000,000		25,177		3,000,000		25,177
Japanese yen	Floating			2003-2023		1,000,000		8,392		1,000,000		8,392
Japanese yen	Floating			2003-2033		1,000,000		8,392		1,000,000		8,392
Japanese yen	Floating			2003-2033		1,000,000		8,392		1,000,000		8,392
Japanese yen	Floating			2003-2018		1,000,000		8,392		1,000,000		8,392
Japanese yen	Floating			2003-2033		2,200,000		18,463		2,200,000		18,463
Japanese yen	Floating			2003-2033		2,000,000		16,785		2,000,000		16,785
Japanese yen	Floating			2003-2033		1,200,000		10,071		1,200,000		10,071
Japanese yen	Floating			2003-2033		1,300,000		10,910		1,300,000		10,910
Japanese yen	Floating			2003-2033		2,000,000		16,785		2,000,000		16,785
Japanese yen	Floating			2003-2033		1,000,000		8,392		1,000,000		8,392
Japanese yen	Floating			2003-2028		1,100,000		9,232		1,100,000		9,232
Japanese yen	Floating			2003-2033		1,000,000		8,392		1,000,000		8,392


									Amount outstanding at
					Initial amount				December 31, 2006
							In				In
			Issue Date/		In currency of		equivalent		In currency of		equivalent
Currency	Interest %		Maturity		borrowing		of USD		borrowing		of USD *
Japanese yen	Floating			2003-2033		1,000,000		8,392		1,000,000		8,392
Japanese yen	Floating			2003-2033		1,000,000		8,392		1,000,000		8,392
Japanese yen	Floating			2003-2033		1,000,000		8,392		1,000,000		8,392
Japanese yen	Floating			2003-2033		1,300,000		10,910		1,300,000		10,910
Japanese yen	Floating			2003-2023		1,000,000		8,392		1,000,000		8,392
Japanese yen	Floating			2003-2033		1,000,000		8,392		1,000,000		8,392
Japanese yen	Floating			2003-2033		1,000,000		8,392		1,000,000		8,392
Japanese yen	Floating			2003-2033		1,700,000		14,267		1,700,000		14,267
Japanese yen	Floating			2003-2033		1,300,000		10,910		1,300,000		10,910
Japanese yen	Floating			2003-2033		1,000,000		8,392		1,000,000		8,392
Japanese yen	Floating			2004-2034		1,500,000		12,588		1,500,000		12,588
Japanese yen	Floating			2005-2035		1,400,000		11,749		1,400,000		11,749
Japanese yen	Floating			2006-2036		1,200,000		10,071		1,200,000		10,071
Japanese yen	Floating			2006-2036		5,000,000		41,961		5,000,000		41,961
Japanese yen	Floating			2006-2036		1,000,000		8,392		1,000,000		8,392
Japanese yen	Floating			2006-2036		1,150,000		9,651		1,150,000		9,651
Japanese yen	Floating			2006-2036		700,000		5,875		700,000		5,875
Japanese yen	Floating			2006-2036		1,100,000		9,232		1,100,000		9,232
Japanese yen	Floating			2006-2022		500,000		4,196		500,000		4,196
Japanese yen	Floating			2006-2036		3,000,000		25,177		3,000,000		25,177
Japanese yen	Floating			2006-2036		500,000		4,196		500,000		4,196
Japanese yen	Floating			2006-2018		500,000		4,196		500,000		4,196
Japanese yen	Floating			2006-2036		500,000		4,196		500,000		4,196
Japanese yen	Floating			2006-2036		1,000,000		8,392		1,000,000		8,392
Japanese yen	Floating			2006-2036		900,000		7,553		900,000		7,553
Japanese yen	Floating			2006-2036		700,000		5,875		700,000		5,875
Japanese yen	Floating			2006-2036		2,000,000		16,785		2,000,000		16,785
Japanese yen	Floating			2006-2036		500,000		4,196		500,000		4,196
Japanese yen	Floating			2006-2036		1,000,000		8,392		1,000,000		8,392
Japanese yen	Floating			2006-2036		1,000,000		8,392		1,000,000		8,392
Japanese yen	Floating			2006-2036		1,100,000		9,232		1,100,000		9,232
Japanese yen		2.2350		2006-2021		5,000,000		41,961		5,000,000		41,961
Japanese yen	Floating			2006-2036		600,000		5,035		600,000		5,035
Japanese yen	Floating			2006-2036		1,000,000		8,392		1,000,000		8,392
Japanese yen	Floating			2006-2022		1,000,000		8,392		1,000,000		8,392
Japanese yen	Floating			2006-2036		1,600,000		13,428		1,600,000		13,428
Japanese yen	Floating			2006-2036		1,000,000		8,392		1,000,000		8,392
Japanese yen	Floating			2006-2036		1,000,000		8,392		1,000,000		8,392
Japanese yen	Floating			2006-2036		1,000,000		8,392		1,000,000		8,392
Japanese yen		2.4865		2006-2026		5,000,000		41,961		5,000,000		41,961
Japanese yen	Floating			2006-2036		700,000		5,875		700,000		5,875
Japanese yen	Floating			2006-2036		500,000		4,196		500,000		4,196
Japanese yen	Floating			2006-2036		1,000,000		8,392		1,000,000		8,392
Japanese yen	Floating			2006-2036		1,000,000		8,392		1,000,000		8,392
Japanese yen	Floating			2006-2036		1,000,000		8,392		1,000,000		8,392
Japanese yen	Floating			2006-2036		500,000		4,196		500,000		4,196
Japanese yen	Floating			2006-2036		300,000		2,518		300,000		2,518
Japanese yen	Floating			2006-2036		300,000		2,518		300,000		2,518
Japanese yen	Floating			2006-2036		1,800,000		15,106		1,800,000		15,106
Japanese yen	Floating			2006-2036		700,000		5,875		700,000		5,875
Japanese yen	Floating			2006-2036		300,000		2,518		300,000		2,518


									Amount outstanding at
					Initial amount				December 31, 2006
							In				In
			Issue Date/		In currency of		equivalent		In currency of		equivalent
Currency	Interest %		Maturity		borrowing		of USD		borrowing		of USD *
Japanese yen	Floating			2006-2036		700,000		5,875		700,000		5,875
Japanese yen	Floating			2006-2036		300,000		2,518		300,000		2,518

EUR		4.1250		1999-2011		250,000		329,251		250,000		329,251
EUR	Floating			1999-2009		10,000		13,170		4,000		5,268
EUR		9.6700		1996-2021		60,101		79,153		60,101		79,153
EUR		7.1000		1998-2009		77,469		102,027		55,873		73,585
EUR	Floating			1997-2007		12,470		16,423		3,177		4,184
EUR	Floating			1997-2007		12,470		16,423		5,671		7,469
EUR	Floating			1997-2007		12,470		16,423		4,798		6,319
EUR	Floating			1997-2007		12,470		16,423		4,798		6,319
EUR	Floating			1997-2007		48,021		63,244		2,287		3,012
EUR	Floating			1998-2008		91,469		120,465		91,469		120,465
EUR		4.2000		2002-2007		100,000		131,700		76,000		100,092
EUR		3.3900		2002-2007		10,000		13,170		10,000		13,170
EUR		0.5000		2003-2013		14,000		18,438		14,000		18,438
EUR		5.0000		2004-2009		10,000		13,170		10,000		13,170
EUR		5.0000		2004-2009		10,000		13,170		10,000		13,170
EUR		4.1490		2005-2015		30,000		39,510		30,000		39,510
EUR	Floating			2005-2010		30,000		39,510		30,000		39,510
EUR	Floating			2005-2010		30,000		39,510		30,000		39,510
EUR	Floating			2005-2010		20,000		26,340		20,000		26,340
EUR		7.0000		2005-2025		50,000		65,850		19,640		25,866
EUR		4.2000		2005-2015		15,000		19,755		15,000		19,755
EUR		3.2200		2006-2010		5,000		6,585		5,000		6,585
EUR		0.0000		2006-2016		29,678		39,086		29,678		39,086	**

Pounds sterling		5.7500		1998-2008		200,000		392,257		283,613		556,246
Pounds sterling		5.2500		1999-2019		150,000		294,193		210,000		411,870
Pounds sterling		5.7500		1999-2014		100,000		196,128		127,500		250,064
Pounds sterling	Floating			2000-2024		100,000		196,128		120,000		235,354
Pounds sterling	Floating			2000-2020		80,000		156,903		100,000		196,128
Pounds sterling		5.2000		2001-2032		150,000		294,193		67,410		132,210
Pounds sterling	Floating			2001-2016		162,350		318,414		267,520		524,683	**
Pounds sterling		3.4000		2003-2007		21,000		41,187		21,000		41,187
Pounds sterling		4.8000		2004-2009		50,000		98,064		50,000		98,064
Pounds sterling		14.7500		2006-2007		75,000		147,096		75,000		147,096

Swedish kronor		7.0000		1990-2007		400,000		58,272		400,000		58,272
Swedish kronor		5.2000		1998-2008		500,000		72,840		500,000		72,840
Swedish kronor		5.1500		1998-2007		500,000		72,840		500,000		72,840
Swedish kronor		4.7500		1998-2007		500,000		72,840		500,000		72,840
Swedish kronor		4.9000		1998-2007		100,000		14,568		100,000		14,568

Norwegian kroner		6.2500		2002-2007		400,000		63,948		400,000		63,948
Norwegian kroner		6.1250		2003-2007		500,000		79,934		500,000		79,934
Norwegian kroner		4.2500		2006-2012		500,000		79,934		500,000		79,934

Danish kroner		5.5000		1998-2008		750,000		132,477		750,000		132,477


									Amount outstanding at
					Initial amount				December 31, 2006
							In				In
			Issue Date/		In currency of		equivalent		In currency of		equivalent
Currency	Interest %		Maturity		borrowing		of USD		borrowing		of USD *
Australian dollars		0.5000		2002-2009		20,000		15,781		20,000		15,781
Australian dollars		4.9600		2002-2007		45,000		35,507		45,000		35,507
Australian dollars		4.1820		2003-2007		20,000		15,781		20,000		15,781
Australian dollars		4.6800		2003-2008		512,000		403,993		421,000		332,189
Australian dollars		4.3200		2003-2008		52,000		41,030		52,000		41,030
Australian dollars		4.5300		2003-2009		58,000		45,765		58,000		45,765
Australian dollars		5.3500		2004-2007		220,000		173,591		220,000		173,591
Australian dollars		5.1400		2004-2007		120,000		94,686		110,000		86,795
Australian dollars		5.0900		2005-2007		375,000		295,893		375,000		295,893
Australian dollars		5.1300		2005-2009		20,000		15,781		20,000		15,781
Australian dollars		5.3750		2006-2011		300,000		236,714		300,000		236,714
Australian dollars		6.1250		2006-2009		300,000		236,714		300,000		236,714
Australian dollars		6.1250		2006-2009		200,000		157,810		200,000		157,810
Australian dollars		5.6000		2006-2009		323,000		254,863		323,000		254,863
Australian dollars		5.3750		2006-2011		200,000		157,810		200,000		157,810

Canadian dollars		3.9500		2003-2010		60,000		51,711		60,000		51,711
Canadian dollars		4.5000		2004-2014		100,000		86,185		100,000		86,185

Swiss francs		6.1250		1986-		200,000		163,918		19,570		16,039

Hong Kong dollar		10.5000		1998-2008		50,000		6,430		50,000		6,430
Hong Kong dollar		0.0000		1998-2008		38,587		4,962		83,978		10,800	**
Hong Kong dollar		7.7800		2000-2007		150,000		19,290		150,000		19,290
Hong Kong dollar		7.7500		2000-2007		100,000		12,860		100,000		12,860
Hong Kong dollar		6.1200		2001-2008		150,000		19,290		150,000		19,290
Hong Kong dollar		6.0300		2001-2008		100,000		12,860		100,000		12,860
Hong Kong dollar		5.2500		2002-2007		1,000,000		128,602		1,000,000		128,602
Hong Kong dollar		5.0000		2002-2012		300,000		38,581		300,000		38,581
Hong Kong dollar		4.9300		2003-2013		100,000		12,860		100,000		12,860
Hong Kong dollar		5.3000		2003-2016		130,000		16,718		130,000		16,718
Hong Kong dollar		5.6300		2003-2017		376,000		48,354		376,000		48,354
Hong Kong dollar		3.1500		2004-2009		400,000		51,441		400,000		51,441
Hong Kong dollar		0.0000		2004-2017		108,070		13,898		122,496		15,753	**
Hong Kong dollar		3.7000		2005-2009		300,000		38,581		300,000		38,581
Hong Kong dollar		3.7700		2005-2010		500,000		64,301		500,000		64,301
Hong Kong dollar		3.8250		2005-2010		200,000		25,720		200,000		25,720
Hong Kong dollar		3.7700		2006-2010		200,000		25,720		200,000		25,720

South African rand		0.0000		1997-2027		52,000		7,434		74,385		10,634	**
South African rand		0.0000		1998-2010		108,000		15,440		308,171		44,056	**
South African rand		13.5000		2000-2010		100,000		14,296		100,000		14,296
South African rand		12.0000		2002-2007		150,000		21,444		80,000		11,437

New Taiwan dollars		2.9000		2002-2007		500,000		15,373		500,000		15,373
New Taiwan dollars		2.9100		2002-2007		500,000		15,373		500,000		15,373
New Taiwan dollars		2.9400		2002-2008		800,000		24,596		800,000		24,596
New Taiwan dollars		3.0000		2002-2008		1,000,000		30,746		1,000,000		30,746
New Taiwan dollars		2,34-2,94		2003-2010		4,000,000		122,982		4,000,000		122,982
New Taiwan dollars	Floating			2003-2010		3,000,000		92,237		3,000,000		92,237
New Taiwan dollars	Floating			2003-2008		2,000,000		61,491		1,600,000		49,193


									Amount outstanding at
					Initial amount				December 31, 2006
							In				In
			Issue Date/		In currency of		equivalent		In currency of		equivalent
Currency	Interest %		Maturity		borrowing		of USD		borrowing		of USD *
New Taiwan dollars	Floating			2003-2010		2,000,000		61,491		1,700,000		52,267

Polish zloty		5.5000		2002-2022		100,000		34,377		100,000		34,377

Singapore dollars		4.7500		1999-2009		150,000		97,787		150,000		97,787

Slovakian koruna		8.4000		2000-2007		1,000,000		38,246		1,000,000		38,246
Slovakian koruna		4.1700		2004-2009		2,000,000		76,492		2,000,000		76,492
Slovakian koruna		4.1700		2005-2009		1,750,000		66,930		1,750,000		66,930

Icelandic kronur		4.7500		2002-2017		3,000,000		42,425		2,627,892		37,162	**
Icelandic kronur		11.5000		2006-2007		3,000,000		42,425		3,000,000		42,425
Icelandic kronur		12.7500		2006-2007		3,000,000		42,425		3,000,000		42,425

New Zealand dollars		6.0000		2003-2008		100,000		70,334		100,000		70,334
New Zealand dollars		6.6250		2006-2009		100,000		70,334		100,000		70,334

Latvian lats		4.2500		2003-2007		5,000		9,445		5,000		9,445

New Turkish lira		13.5000		2005-2007		50,000		35,327		50,000		35,327
New Turkish lira		12.5000		2005-2009		50,000		35,327		50,000		35,327
New Turkish lira		11.0000		2005-2009		50,000		35,327		50,000		35,327
New Turkish lira		12.5000		2005-2009		50,000		35,327		25,000		17,664
New Turkish lira		10.0000		2005-2009		30,000		21,196		30,000		21,196
New Turkish lira		14.0000		2006-2016		32,500		22,963		32,500		22,963
New Turkish lira		16.2500		2006-2009		75,000		52,991		75,000		52,991

Mexican Peso		8.0900		2006-2011		1,000,000		92,156		1,000,000		92,156
Mexican Peso		7.4300		2006-2009		373,690		34,438		373,690		34,438

TOTAL									USD			18,134,650


*		Convenience translations into US dollars have been made at the following exchange rates:

		1 US dollar = 119.15720 Japanese yen; 0.75930 EUR; 0.50987 Pounds sterling;

		6.86439 Swedish kronor; 6.25513 Norwegian kroner; 5.66135 Danish kroner;

		1.26735 Australian dollars; 1.16029 Canadian dollars; 1.22012 Swiss francs;

		7.77593 Hong Kong dollars; 6.99499 South African rand; 32.52500 New Taiwan dollars;

		2.90888 Polish zloty; 1,53394 Singapore dollar; 26.14655 Slovakian koruna;

		70.71374 Icelandic kronur; 1.42179 New Zealand dollars; 0.52938 Latvian lats;

		1.41534 New Turkish lira and 10.85118 Mexican Peso.

**		The amount stated as outstanding at December 29, 2006 includes accrued amortization on zero coupon obligations and obligations issued at a deep discount with redemption prices substantially above par.

The figures included in this schedule do not agree directly to the amounts in the balance sheet which also include premiums, discounts and adjustments related to hedge accounting.

Nordic Investment Bank 18-KAnnual report (foreign governments)