Nordic Investment Bank 18K Annual report (foreign governments) | SEC 9 May 08

Exhibit I

NORDIC INVESTMENT BANK

Summary Schedule of Funded Debt

Outstanding at December 31, 2007


									Amount
									outstanding at
									December 31,
					Initial amount				2007
					In currency of		In equivalent		in equivalent of
Currency	Issues		Interest %	Maturities	borrowing		of USD		USD *
					(in thousands)		(in thousands)		(in thousands)
US dollars		65	0.000 - 12.700	2008-2037		10,155,971		10,155,971		10,197,867
Japanese yen		144	0.000 - 5.240	2009-2037		256,240,000		2,287,097		2,277,645	*
Pound Sterling		9	4.800 - 6.125	2008-2032		1,242,350		2,493,847		2,991,615	*
EUR		16	0.000 - 9.670	2008-2025		732,717		1,078,635		999,433	*
Swedish kronor		1	5.200	2008		500,000		77,959		77,959
Norwegian kroner		3	4.250 - 4.625	2010-2012		2,250,000		416,213		416,213
Danish kroner		1	5.500	2008		750,000		148,033		148,033
Australian dollars		11	0.5000 - 6.390	2008-2011		2,194,000		1,927,425		1,847,482
Canadian dollars		3	3.950 - 5.150	2010-2017		460,000		468,661		468,661
Swiss francs		1	6.125	Perp.		200,000		177,930		17,410
Hong Kong dollar		14	0.000 - 10.500	2008-2017		2,952,657		378,624		388,125
South African rand		3	0.000 - 13.5000	2010-2027		260,000		38,161		78,017
New Taiwan dollars		6	2.340 - 3.000	2008-2010		12,800,000		394,745		373,157	*
Polish zloty		1	5.500	2022		100,000		40,966		40,966
Singapore dollars		1	4.750	2009		150,000		104,340		104,340
Slovakian koruna		2	4.170	2009		3,750,000		164,380		164,380
Icelandic Kronur		5	4.750 - 13.000	2008-2017		24,000,000		384,444		376,600
New Zealand dollars		4	6.000 - 7.750	2008-2010		945,000		731,252		731,252
New Turkish lira		9	0.000-16.250	2009-2019		352,151		301,923		280,489
Mexican Peso		2	7.430 - 8.090	2009-2011		1,373,690		125,776		61,226
Russian roubles		1	5.750	2011		2,000,000		81,815		81,815



TOTAL										22,122,685


*		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 items such as premiums, discounts and adjustments related to hedge accounting.

Schedule of Annual Amortization of Funded Debt

Outstanding at December 31, 2007 (in millions of EUR)


Currency	2008		2009		2010		2011		2012		After 2012		Total
U.S. dollars		1,168.4		1,317.8		1,718.7		828.7		365.4		1,528.4		6,927.4
Japanese yen		8.5		6.1		12.1		69.7				1,450.8		1,547.2
Pound Sterling		386.7		68.1		340.9						1,236.5		2,032.2
EUR		91.5		59.9		85.0		250.0				192.5		678.9
Swedish kronor		53.0										0.0		53.0
Norwegian kroner						219.9				62.8		0.0		282.7
Danish kroner		100.6										0.0		100.6
Swiss francs												11.8		11.8
Australian dollars		282.2		549.9		124.7		298.4				-0.2		1,255.0
Canadian dollars						41.5						276.9		318.4
Hong Kong dollar		34.3		60.9		78.4				26.1		64.0		263.7
New Taiwan dollars		113.0				140.2						0.3		253.5
South African rand						44.7						8.3		53.0
Polish zloty												27.8		27.8
Singapore dollars				70.9								0.0		70.9
Slovakian koruna				111.7								0.0		111.7
Icelandic kronur		198.4		35.2		2.6		2.6				17.0		255.8
New Zealand dollars		52.6		233.9		210.2						0.0		496.7
New Turkish lira				134.0								56.5		190.5
Mexican Peso				23.3				18.3				0.0		41.6
Russian roubles								55.6				0.0		55.6


Total		2,489.2		2,671.7		3,018.9		1,523.3		454.3		4,870.6		15,028.0

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

NORDIC INVESTMENT BANK

Schedule of Funded Debt, December 31, 2007 (in thousands)


									Amount outstanding at
					Initial amount				December 31, 2007
							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		5.4600		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		27,434		27,434	**
US dollars		6.6800		2002-2032		25,007		25,007		34,552		34,552	**
US dollars		0.5000		2002-2012		142,000		142,000		142,000		142,000
US dollars		6.6000		2002-2032		12,303		12,303		16,935		16,935	**
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		25,972		25,972	**
US dollars		0.5000		2003-2013		62,000		62,000		62,000		62,000	**
US dollars		0.0000		2003-2033		20,000		20,000		25,537		25,537	**
US dollars		0.0000		2003-2033		25,000		25,000		31,622		31,622	**
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		36,081		36,081	**
US dollars		0.0000		2003-2028		24,426		24,426		30,606		30,606	**
US dollars		0.0000		2003-2033		20,000		20,000		25,230		25,230	**
US dollars		0.0000		2003-2033		11,400		11,400		14,392		14,392	**
US dollars		0.0000		2003-2033		19,238		19,238		24,123		24,123	**
US dollars		0.0000		2003-2030		21,766		21,766		27,283		27,283	**
US dollars		0.0000		2003-2033		20,000		20,000		25,489		25,489	**
US dollars		0.0000		2003-2033		20,000		20,000		25,479		25,479	**
US dollars		0.0000		2003-2025		20,175		20,175		25,615		25,615	**
US dollars		0.0000		2003-2033		30,000		30,000		38,710		38,710	**
US dollars		0.0000		2003-2033		100,000		100,000		130,470		130,470	**
US dollars		0.0000		2003-2033		50,000		50,000		65,358		65,358	**
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		32,611		32,611	**
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		3.2600		2004-2014		100,000		100,000		100,000		100,000
US dollars		6.1700		2005-2025		30,197		30,197		34,038		34,038	**
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


									Amount outstanding at
					Initial amount				December 31, 2007
							In				In
			Issue Date/		In currency of		equivalent		In currency of		equivalent
Currency	Interest %		Maturity		borrowing		of USD		borrowing		of USD *
US dollars		6.0000		2005-2025		31,180		31,180		35,034		35,034	**
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		35,454		35,454	**
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		29,999		29,999		32,121		32,121	**
US dollars		0.0000		2006-2036		26,345		26,345		28,163		28,163	**
US dollars		4.3500		2006-2010		14,000		14,000		14,000		14,000
US dollars		5.0000		2007-2017		1,000,000		1,000,000		1,000,000		1,000,000
US dollars		0.0000		2007-2037		30,127		30,127		30,127		30,127	**
US dollars		0.0000		2007-2027		29,191		29,191		29,191		29,191	**
US dollars		0.0000		2007-2037		30,000		30,000		30,000		30,000	**
US dollars		0.0000		2007-2037		29,391		29,391		29,391		29,391	**
US dollars		0.0000		2007-2037		10,000		10,000		10,000		10,000	**
US dollars		0.0000		2007-2037		10,000		10,000		10,000		10,000	**
US dollars		4.5000		2007-2010		1,500,000		1,500,000		1,500,000		1,500,000
Japanese yen		0.0000		1995-2010		2,000,000		17,851		2,000,000		17,851
Japanese yen		5.2400		1997-2022		5,000,000		44,628		5,000,000		44,628
Japanese yen	Floating			1998-2013		1,000,000		8,926		1,000,000		8,926
Japanese yen	Floating			1998-2018		2,000,000		17,851		2,000,000		17,851
Japanese yen	Floating			1998-2028		4,000,000		35,702		4,000,000		35,702
Japanese yen	Floating			1999-2014		1,000,000		8,926		1,000,000		8,926
Japanese yen	Floating			1999-2019		500,000		4,463		500,000		4,463
Japanese yen	Floating			1999-2017		4,000,000		35,702		4,000,000		35,702
Japanese yen	Floating			1999-2009		1,000,000		8,926		1,000,000		8,926
Japanese yen	Floating			1999-2019		1,000,000		8,926		1,000,000		8,926
Japanese yen	Floating			1999-2014		500,000		4,463		500,000		4,463
Japanese yen		2.0000		1999-2011		3,000,000		26,777		3,000,000		26,777
Japanese yen	Floating			1999-2019		500,000		4,463		500,000		4,463
Japanese yen	Floating			1999-2014		1,100,000		9,818		1,100,000		9,818
Japanese yen	Floating			1999-2019		1,000,000		8,926		1,000,000		8,926
Japanese yen	Floating			1999-2019		1,100,000		9,818		1,100,000		9,818
Japanese yen		2.6750		1999-2011		8,000,000		71,405		8,000,000		71,405
Japanese yen		3.3200		2000-2020		1,000,000		8,926		1,000,000		8,926
Japanese yen	Floating			2001-2026		1,000,000		8,926		1,000,000		8,926
Japanese yen	Floating			2001-2016		3,000,000		26,777		3,000,000		26,777
Japanese yen	Floating			2001-2031		1,000,000		8,926		1,000,000		8,926
Japanese yen	Floating			2001-2026		1,000,000		8,926		1,000,000		8,926
Japanese yen	Floating			2002-2031		2,700,000		24,099		2,700,000		24,099
Japanese yen	Floating			2002-2027		1,300,000		11,603		1,300,000		11,603
Japanese yen	Floating			2002-2032		5,500,000		49,091		5,500,000		49,091
Japanese yen	Floating			2002-2032		2,900,000		25,884		2,900,000		25,884
Japanese yen	Floating			2002-2027		1,200,000		10,711		1,200,000		10,711
Japanese yen	Floating			2002-2032		1,200,000		10,711		1,200,000		10,711
Japanese yen	Floating			2002-2032		1,400,000		12,496		1,400,000		12,496


								Amount outstanding at
				Initial amount				December 31, 2007
						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		2,200,000		19,636		2,200,000		19,636
Japanese yen	Floating		2002-2032		1,700,000		15,174		1,700,000		15,174
Japanese yen	Floating		2002-2032		1,400,000		12,496		1,400,000		12,496
Japanese yen	Floating		2002-2032		2,000,000		17,851		2,000,000		17,851
Japanese yen	Floating		2002-2032		1,200,000		10,711		1,200,000		10,711
Japanese yen	Floating		2002-2032		1,000,000		8,926		1,000,000		8,926
Japanese yen	Floating		2002-2032		1,000,000		8,926		1,000,000		8,926
Japanese yen	Floating		2002-2032		1,100,000		9,818		1,100,000		9,818
Japanese yen	Floating		2002-2032		1,100,000		9,818		1,100,000		9,818
Japanese yen	Floating		2002-2032		1,000,000		8,926		1,000,000		8,926
Japanese yen	Floating		2002-2032		1,200,000		10,711		1,200,000		10,711
Japanese yen	Floating		2002-2032		2,200,000		19,636		2,200,000		19,636
Japanese yen	Floating		2002-2032		1,000,000		8,926		1,000,000		8,926
Japanese yen	Floating		2002-2032		1,000,000		8,926		1,000,000		8,926
Japanese yen	Floating		2002-2032		1,100,000		9,818		1,100,000		9,818
Japanese yen	Floating		2002-2032		2,000,000		17,851		2,000,000		17,851
Japanese yen	Floating		2002-2032		2,000,000		17,851		2,000,000		17,851
Japanese yen	Floating		2002-2032		3,000,000		26,777		3,000,000		26,777
Japanese yen	Floating		2002-2032		1,400,000		12,496		1,400,000		12,496
Japanese yen	Floating		2002-2032		1,000,000		8,926		1,000,000		8,926
Japanese yen	Floating		2002-2017		1,100,000		9,818		100,000		893
Japanese yen	Floating		2002-2032		1,000,000		8,926		1,000,000		8,926
Japanese yen	Floating		2003-2033		1,000,000		8,926		1,000,000		8,926
Japanese yen	Floating		2003-2033		1,000,000		8,926		1,000,000		8,926
Japanese yen	Floating		2003-2033		1,000,000		8,926		1,000,000		8,926
Japanese yen	Floating		2003-2033		1,000,000		8,926		1,000,000		8,926
Japanese yen	Floating		2003-2033		1,000,000		8,926		1,000,000		8,926
Japanese yen	Floating		2003-2033		1,000,000		8,926		1,000,000		8,926
Japanese yen	Floating		2003-2023		1,000,000		8,926		1,000,000		8,926
Japanese yen	Floating		2003-2033		1,000,000		8,926		1,000,000		8,926
Japanese yen	Floating		2003-2033		1,000,000		8,926		1,000,000		8,926
Japanese yen	Floating		2003-2018		1,000,000		8,926		1,000,000		8,926
Japanese yen	Floating		2003-2033		2,200,000		19,636		2,200,000		19,636
Japanese yen	Floating		2003-2033		2,000,000		17,851		2,000,000		17,851
Japanese yen	Floating		2003-2033		1,200,000		10,711		1,200,000		10,711
Japanese yen	Floating		2003-2028		1,100,000		9,818		1,100,000		9,818
Japanese yen	Floating		2003-2033		1,000,000		8,926		1,000,000		8,926
Japanese yen	Floating		2003-2023		1,000,000		8,926		1,000,000		8,926
Japanese yen	Floating		2003-2033		1,000,000		8,926		1,000,000		8,926
Japanese yen	Floating		2003-2033		1,700,000		15,174		1,700,000		15,174
Japanese yen	Floating		2003-2033		1,300,000		11,603		1,300,000		11,603
Japanese yen	Floating		2003-2033		1,000,000		8,926		1,000,000		8,926
Japanese yen	Floating		2005-2035		1,400,000		12,496		1,400,000		12,496
Japanese yen	Floating		2006-2036		1,200,000		10,711		1,200,000		10,711
Japanese yen	Floating		2006-2036		5,000,000		44,628		5,000,000		44,628
Japanese yen	Floating		2006-2036		1,000,000		8,926		1,000,000		8,926
Japanese yen	Floating		2006-2036		1,100,000		9,818		1,100,000		9,818
Japanese yen	Floating		2006-2022		500,000		4,463		500,000		4,463
Japanese yen	Floating		2006-2036		3,000,000		26,777		3,000,000		26,777


									Amount outstanding at
					Initial amount				December 31, 2007
							In				In
			Issue Date/		In currency of		equivalent		In currency of		equivalent
Currency	Interest %		Maturity		borrowing		of USD		borrowing		of USD *
Japanese yen	Floating			2006-2018		500,000		4,463		500,000		4,463
Japanese yen	Floating			2006-2036		500,000		4,463		500,000		4,463
Japanese yen	Floating			2006-2036		1,000,000		8,926		1,000,000		8,926
Japanese yen	Floating			2006-2036		900,000		8,033		900,000		8,033
Japanese yen	Floating			2006-2036		700,000		6,248		700,000		6,248
Japanese yen	Floating			2006-2036		2,000,000		17,851		2,000,000		17,851
Japanese yen	Floating			2006-2036		500,000		4,463		500,000		4,463
Japanese yen		2.2350		2006-2021		5,000,000		44,628		5,000,000		44,628
Japanese yen	Floating			2006-2022		1,000,000		8,926		1,000,000		8,926
Japanese yen	Floating			2006-2036		1,600,000		14,281		1,600,000		14,281
Japanese yen		2.4865		2006-2026		5,000,000		44,628		5,000,000		44,628
Japanese yen	Floating			2006-2036		700,000		6,248		700,000		6,248
Japanese yen	Floating			2006-2036		500,000		4,463		500,000		4,463
Japanese yen	Floating			2006-2036		1,000,000		8,926		1,000,000		8,926
Japanese yen	Floating			2006-2036		1,000,000		8,926		1,000,000		8,926
Japanese yen	Floating			2006-2036		500,000		4,463		500,000		4,463
Japanese yen	Floating			2006-2036		300,000		2,678		300,000		2,678
Japanese yen	Floating			2006-2036		300,000		2,678		300,000		2,678
Japanese yen	Floating			2006-2036		1,800,000		16,066		1,800,000		16,066
Japanese yen	Floating			2006-2036		700,000		6,248		700,000		6,248
Japanese yen	Floating			2006-2036		300,000		2,678		300,000		2,678
Japanese yen	Floating			2007-2037		900,000		8,033		900,000		8,033
Japanese yen	Floating			2007-2037		1,200,000		10,711		1,200,000		10,711
Japanese yen	Floating			2007-2036		1,000,000		8,926		1,000,000		8,926
Japanese yen	Floating			2007-2037		300,000		2,678		300,000		2,678
Japanese yen	Floating			2007-2022		900,000		8,033		900,000		8,033
Japanese yen	Floating			2007-2022		500,000		4,463		500,000		4,463
Japanese yen	Floating			2007-2037		1,000,000		8,926		1,000,000		8,926
Japanese yen	Floating			2007-2037		2,100,000		18,744		2,100,000		18,744
Japanese yen	Floating			2007-2037		300,000		2,678		300,000		2,678
Japanese yen	Floating			2007-2037		1,000,000		8,926		1,000,000		8,926
Japanese yen	Floating			2007-2037		300,000		2,678		300,000		2,678
Japanese yen	Floating			2007-2037		1,000,000		8,926		1,000,000		8,926
Japanese yen	Floating			2007-2027		500,000		4,463		500,000		4,463
Japanese yen	Floating			2007-2037		1,000,000		8,926		1,000,000		8,926
Japanese yen	Floating			2007-2037		300,000		2,678		300,000		2,678
Japanese yen	Floating			2007-2037		3,000,000		26,777		3,000,000		26,777
Japanese yen	Floating			2007-2037		1,000,000		8,926		1,000,000		8,926
Japanese yen	Floating			2007-2027		500,000		4,463		500,000		4,463
Japanese yen	Floating			2007-2037		400,000		3,570		400,000		3,570
Japanese yen	Floating			2007-2037		300,000		2,678		300,000		2,678
Japanese yen	Floating			2007-2037		1,000,000		8,926		1,000,000		8,926
Japanese yen	Floating			2007-2027		1,000,000		8,926		1,000,000		8,926
Japanese yen	Floating			2007-2017		50,000,000		446,280		50,000,000		446,280
Japanese yen	Floating			2007-2037		2,000,000		17,851		2,000,000		17,851
Japanese yen	Floating			2007-2037		300,000		2,678		300,000		2,678
Japanese yen	Floating			2007-2037		1,000,000		8,926		1,000,000		8,926


									Amount outstanding at
					Initial amount				December 31, 2007
							In				In
			Issue Date/		In currency of		equivalent		In currency of		equivalent
Currency	Interest %		Maturity		borrowing		of USD		borrowing		of USD *
Japanese yen	Floating			2007-2037		300,000		2,678		300,000		2,678
Japanese yen	Floating			2007-2037		1,000,000		8,926		1,000,000		8,926
Japanese yen	Floating			2007-2017		6,300,000		56,231		6,256,000		55,839
Japanese yen	Floating			2007-2037		1,000,000		8,926		1,000,000		8,926
Japanese yen	Floating			2007-2037		500,000		4,463		500,000		4,463
Japanese yen	Floating			2007-2037		300,000		2,678		300,000		2,678
Japanese yen	Floating			2007-2037		2,500,000		22,314		2,500,000		22,314
Japanese yen	Floating			2007-2037		2,500,000		22,314		2,500,000		22,314
Japanese yen	Floating			2007-2027		300,000		2,678		300,000		2,678
Japanese yen	Floating			2007-2037		300,000		2,678		300,000		2,678
Japanese yen	Floating			2007-2037		1,000,000		8,926		1,000,000		8,926
Japanese yen	Floating			2007-2017		4,240,000		37,845		4,225,000		37,711
Japanese yen		2.3950		2007-2027		3,000,000		26,777		3,000,000		26,777
Japanese yen	Floating			2007-2027		1,000,000		8,926		1,000,000		8,926
Japanese yen	Floating			2007-2037		600,000		5,355		600,000		5,355
Japanese yen	Floating			2007-2037		1,000,000		8,926		1,000,000		8,926
Japanese yen	Floating			2007-2037		1,000,000		8,926		1,000,000		8,926
Japanese yen	Floating			2007-2037		1,500,000		13,388		1,500,000		13,388
Japanese yen	Floating			2007-2037		1,000,000		8,926		1,000,000		8,926

EUR		4.1250		1999-2011		250,000		368,026		250,000		368,026
EUR	Floating			1999-2009		10,000		14,721		4,000		5,888
EUR		9.6700		1996-2021		60,101		88,475		60,101		88,475
EUR		7.1000		1998-2009		77,469		114,042		55,873		82,251
EUR	Floating			1998-2008		91,469		134,652		91,469		134,652
EUR		0.5000		2003-2013		14,000		20,609		14,000		20,609
EUR		5.0000		2004-2009		10,000		14,721		10,000		14,721
EUR		5.0000		2004-2009		10,000		14,721		10,000		14,721
EUR		4.1490		2005-2015		30,000		44,163		30,000		44,163
EUR	Floating			2005-2010		30,000		44,163		30,000		44,163
EUR	Floating			2005-2010		30,000		44,163		30,000		44,163
EUR	Floating			2005-2010		20,000		29,442		20,000		29,442
EUR		7.0000		2005-2025		50,000		73,605		19,640		28,912
EUR		4.2000		2005-2015		15,000		22,082		15,000		22,082
EUR		3.2200		2006-2010		5,000		7,361		5,000		7,361
EUR		0.0000		2006-2016		29,678		43,689		33,832		49,804	**

Pounds sterling		5.7500		1998-2008		200,000		401,473		283,613		569,314
Pounds sterling		5.2500		1999-2019		150,000		301,104		210,000		421,546
Pounds sterling		5.7500		1999-2014		100,000		200,736		127,500		255,939
Pounds sterling	Floating			2000-2024		100,000		200,736		120,000		240,884
Pounds sterling	Floating			2000-2020		80,000		160,589		100,000		200,736
Pounds sterling		5.2000		2001-2032		150,000		301,104		67,410		135,316
Pounds sterling	Floating			2001-2016		162,350		325,895		281,798		565,671	**
Pounds sterling		4.8000		2004-2009		50,000		100,368		50,000		100,368
Pounds sterling		6.1250		2007-2010		250,000		501,841		250,000		501,841

Swedish kronor		5.2000		1998-2008		500,000		77,959		500,000		77,959

Norwegian kroner		4.2500		2006-2012		500,000		92,492		500,000		92,492
Norwegian kroner		4.6250		2007-2010		1,000,000		184,984		1,000,000		184,984
Norwegian kroner		4.6250		2007-2010		750,000		138,738		750,000		138,738

Danish kroner		5.5000		1998-2008		750,000		148,033		750,000		148,033


									Amount outstanding at
					Initial amount				December 31, 2007
							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		17,570		20,000		17,570
Australian dollars		4.6800		2003-2008		512,000		449,791		421,000		369,848
Australian dollars		4.3200		2003-2008		52,000		45,682		52,000		45,682
Australian dollars		4.5300		2003-2009		58,000		50,953		58,000		50,953
Australian dollars		5.1300		2005-2009		20,000		17,570		20,000		17,570
Australian dollars		5.3750		2006-2011		300,000		263,550		300,000		263,550
Australian dollars		6.1250		2006-2009		300,000		263,550		300,000		263,550
Australian dollars		6.1250		2006-2009		200,000		175,700		200,000		175,700
Australian dollars		5.6000		2006-2009		323,000		283,755		323,000		283,755
Australian dollars		5.3750		2006-2011		200,000		175,700		200,000		175,700
Australian dollars		6.3900		2007-2010		209,000		183,606		209,000		183,606

Canadian dollars		3.9500		2003-2010		60,000		61,130		60,000		61,130
Canadian dollars		4.5000		2004-2014		100,000		101,883		100,000		101,883
Canadian dollars		5.1500		2007-2017		300,000		305,648		300,000		305,648

Swiss francs		6.1250		1986-		200,000		177,930		19,570		17,410

Hong Kong dollar		10.5000		1998-2008		50,000		6,412		50,000		6,412
Hong Kong dollar		0.0000		1998-2008		38,587		4,948		92,552		11,868	**
Hong Kong dollar		6.1200		2001-2008		150,000		19,235		150,000		19,235
Hong Kong dollar		6.0300		2001-2008		100,000		12,823		100,000		12,823
Hong Kong dollar		5.0000		2002-2012		300,000		38,470		300,000		38,470
Hong Kong dollar		4.9300		2003-2013		100,000		12,823		100,000		12,823
Hong Kong dollar		5.3000		2003-2016		130,000		16,670		130,000		16,670
Hong Kong dollar		5.6300		2003-2017		376,000		48,215		376,000		48,215
Hong Kong dollar		3.1500		2004-2009		400,000		51,293		400,000		51,293
Hong Kong dollar		0.0000		2004-2017		108,070		13,858		128,191		16,438	**
Hong Kong dollar		3.7000		2005-2009		300,000		38,470		300,000		38,470
Hong Kong dollar		3.7700		2005-2010		500,000		64,116		500,000		64,116
Hong Kong dollar		3.8250		2005-2010		200,000		25,646		200,000		25,646
Hong Kong dollar		3.7700		2006-2010		200,000		25,646		200,000		25,646

South African rand		0.0000		1997-2027		52,000		7,632		83,746		12,292	**
South African rand		0.0000		1998-2010		108,000		15,851		347,806		51,048	**
South African rand		13.5000		2000-2010		100,000		14,677		100,000		14,677

New Taiwan dollars		2.9400		2002-2008		800,000		24,672		800,000		24,672
New Taiwan dollars		3.0000		2002-2008		1,000,000		30,839		1,000,000		30,839
New Taiwan dollars		2.34-2.94		2003-2010		4,000,000		123,358		4,000,000		123,358
New Taiwan dollars	Floating			2003-2010		3,000,000		92,518		3,000,000		92,518
New Taiwan dollars	Floating			2003-2008		2,000,000		61,679		1,600,000		49,343

				��
									Amount outstanding at
					Initial amount				December 31, 2007
							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		61,679		1,700,000		52,427

Polish zloty		5.5000		2002-2022		100,000		40,966		100,000		40,966

Singapore dollars		4.7500		1999-2009		150,000		104,340		150,000		104,340

Slovakian koruna		4.1700		2004-2009		2,000,000		87,669		2,000,000		87,669
Slovakian koruna		4.1700		2005-2009		1,750,000		76,711		1,750,000		76,711

Icelandic kronur		4.7500		2002-2017		3,000,000		48,055		2,510,314		40,211	**
Icelandic kronur		11.2500		2007-2009		3,000,000		48,055		3,000,000		48,055
Icelandic kronur		13.0000		2007-2008		10,000,000		160,185		10,000,000		160,185
Icelandic kronur		13.0000		2007-2008		3,000,000		48,055		3,000,000		48,055
Icelandic kronur		13.0000		2007-2008		5,000,000		80,092		5,000,000		80,092

New Zealand dollars		6.0000		2003-2008		100,000		77,381		100,000		77,381
New Zealand dollars		6.6250		2006-2009		100,000		77,381		100,000		77,381
New Zealand dollars		7.7500		2007-2010		400,000		309,525		400,000		309,525
New Zealand dollars		7.4900		2007-2009		345,000		266,965		345,000		266,965

New Turkish lira		12.5000		2005-2009		50,000		42,868		50,000		42,868
New Turkish lira		11.0000		2005-2009		50,000		42,868		50,000		42,868
New Turkish lira		12.5000		2005-2009		50,000		42,868		25,000		21,434
New Turkish lira		10.0000		2005-2009		30,000		25,721		30,000		25,721
New Turkish lira		14.0000		2006-2016		32,500		27,864		32,500		27,864
New Turkish lira		16.2500		2006-2009		75,000		64,303		75,000		64,303
New Turkish lira		0.0000		2007-2016		37,000		31,723		37,000		31,723	**
New Turkish lira		0.0000		2007-2016		4,049		3,471		4,049		3,471	**
New Turkish lira		0.0000		2007-2019		23,602		20,236		23,602		20,236	**

Mexican Peso		8.0900		2006-2011		1,000,000		91,561		295,000		27,010
Mexican Peso		7.4300		2006-2009		373,690		34,215		373,690		34,215

Russian roubles		5.7500		2007-2011		2,000,000		81,815		2,000,000		81,815

TOTAL									USD			22,122,686


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

		1 US dollar = 112.037226 Japanese yen; 0.67930 EUR; 0.498166 Pounds sterling;

		6.413627 Swedish kronor; 5.40588 Norwegian kroner; 5.06644 Danish kroner;

		1.138306 Australian dollars; 0.98152 Canadian dollars; 1.12404 Swiss francs;

		7.79838 Hong Kong dollars; 6.813260 South African rand; 32.425997 New Taiwan dollars;

		2.44107 Polish zloty; 1,437606 Singapore dollar; 22.81299 Slovakian koruna;

		62.427824 Icelandic kronur; 1.292304 New Zealand dollars; 1.16636 New Turkish lira;

		10.92168 Mexican Peso and 24.44535 Russian roubles.

**		The amount stated as outstanding at December 31, 2007 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 items such as premiums, discounts and adjustments related to hedge accounting.

Nordic Investment Bank 18-KAnnual report (foreign governments)