Nordic Investment Bank 18K Annual report (foreign governments) | SEC 11 May 17

Exhibit I

NORDIC INVESTMENT BANK

Summary Schedule of Funded Debt

Outstanding at December 31, 2016


							Initial amount				Amount outstanding at December 31, 2016 in equivalent of USD*
Currency	Issues		Interest %		Maturities		In currency of borrowing		In equivalent of USD
							(in thousands)		(in thousands)		(in thousands)
US dollar		28		0.000 - 5.000		2017 - 2046		11,592,890		11,592,890		11,627,109	*
Japanese yen		22		0.000 - 10.000		2017 - 2041		78,000,000		666,287		597,950	*
Euro		38		0.000 - 9.670		2017 - 2065		2,229,952		2,350,592		2,341,912	*
British pound sterling		6		0.625 - 5.250		2019 - 2032		980,000		1,206,543		1,187,965	*
Swedish krona		14		0.000 - 2.940		2017 - 2032		10,350,000		1,142,103		1,142,103	*
Norwegian krone		23		1.170 - 4.780		2017 - 2026		14,300,000		1,658,940		1,658,940	*
Australian dollar		29		2.700 - 6.430		2017 - 2029		3,765,000		2,719,023		2,719,023
Canadian dollar		1		5.150		2017		300,000		222,886		18,741
Swiss franc		4		2.500 - 6.125		2018 - Perp.		550,000		539,859		361,652
Hong Kong dollar		3		0.000 - 5.630		2017 - 2018		584,070		75,310		86,265
South African rand		3		0.000 - 7.000		2018 - 2027		552,000		40,248		42,040
Polish zloty		1		5.500		2022		100,000		23,901		23,901
Icelandic krona		1		4.750		2017		3,000,000		26,619		3,490
New Zealand dollar		17		3.040 - 4.875		2017 - 2025		3,175,000		2,207,922		2,207,922
New Turkish lira		7		0.500 - 10.250		2017 - 2020		658,800		187,322		167,703
Brazilian real		8		0.500 - 9.950		2018 - 2023		1,149,795		353,301		359,177
Mexican peso		3		0.500		2022 - 2023		4,900,000		237,237		121,039
Indian rupee		2		5.100 - 5.700		2020		2,215,400		32,618		32,618

TOTAL												24,699,550

*	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.

NORDIC INVESTMENT BANK

Schedule of Annual Amortization of Funded Debt

Outstanding at December 31, 2016 (in millions of EUR)


Currency	2017		2018			2019		2020		2021		After 2021		Total
US dollar		2,229.4		3,652.4			2,134.5		967.7		1,517.9		528.5		11,030.4
Japanese yen		380.9		4.1			21.1		8.1				153.1		567.3
Euro		150.0					40.0				60.1		1,275.7		2,221.7
British pound sterling							537.2		116.8		292.0		383.8		1,127.0
Swedish krona		68.0		104.7			235.5		104.7		230.3		340.3		1,083.5
Norwegian krone		220.1		192.6			357.7		297.1		110.0		396.3		1,573.8
Australian dollar		308.3		359.7			13.7		342.6				1,555.2		2,579.5
Canadian dollar		17.8											0.0		17.8
Swiss franc				232.8							46.6		63.7		343.1
Hong Kong dollar		69.6		12.2									0.0		81.8
South African rand				34.6									5.3		39.9
Polish zloty													22.7		22.7
Icelandic krona		3.3											0.0		3.3
New Zealand dollar		230.9		560.8			527.8		428.8		214.4		131.9		2,094.6
New Turkish lira		10.8		59.5			75.8		12.9				0.1		159.1
Brazilian real				152.0	��		166.3						22.4		340.7
Mexican peso													114.8		114.8
Indian rupee									30.9				0.0		30.9

Total		3,689.1		5,365.4			4,109.6		2,309.6		2,471.3		5,486.9		23,431.9

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, 2016 (in thousands)


							Initial amount				Amount outstanding at December 31, 2016
Currency	Interest rate December 31, 2016		Interest %		Issue Date/ Maturity		In currency of borrowing		In equivalent of USD		In currency of borrowing		In equivalent of USD*

US dollar				5.0000		2007-2017		1,000,000		1,000,000		1,000,000		1,000,000
US dollar				1.9200		2011-2020		20,000		20,000		20,000		20,000
US dollar				1.1900		2012-2017		100,000		100,000		100,000		100,000
US dollar				4.4000		2012-2042		50,000		50,000		59,398		59,398	**
US dollar				1.0000		2012-2017		1,250,000		1,250,000		1,250,000		1,250,000
US dollar				4.3000		2012-2042		20,000		20,000		23,668		23,668	**
US dollar				4.3800		2012-2042		64,890		64,890		77,028		77,028	**
US dollar				3.4000		2012-2027		63,000		63,000		72,015		72,015	**
US dollar				0.7500		2012-2018		1,000,000		1,000,000		1,000,000		1,000,000
US dollar				5.0000		2013-2033		35,000		35,000		35,000		35,000
US dollar				1.8750		2014-2019		1,000,000		1,000,000		1,000,000		1,000,000
US dollar				2.2500		2014-2021		500,000		500,000		500,000		500,000
US dollar				1.1250		2015-2018		1,250,000		1,250,000		1,250,000		1,250,000
US dollar				1.5000		2015-2020		1,000,000		1,000,000		1,000,000		1,000,000
US dollar				1.1250		2016-2019		1,250,000		1,250,000		1,250,000		1,250,000
US dollar		0.93178		Floating		2016-2018		500,000		500,000		500,000		500,000
US dollar				1.0600		2016-2018		100,000		100,000		100,000		100,000
US dollar				1.2500		2016-2021		1,000,000		1,000,000		1,000,000		1,000,000
US dollar				0.0000		2016-2046		30,000		30,000		30,000		30,000
US dollar				0.8750		2016-2018		1,000,000		1,000,000		1,000,000		1,000,000
US dollar				0.0000		2016-2046		30,000		30,000		30,000		30,000
US dollar				0.0000		2016-2046		30,000		30,000		30,000		30,000
US dollar				0.0000		2016-2046		30,000		30,000		30,000		30,000
US dollar				0.0000		2016-2046		50,000		50,000		50,000		50,000
US dollar				0.0000		2016-2046		20,000		20,000		20,000		20,000
US dollar				0.0000		2016-2046		50,000		50,000		50,000		50,000
US dollar				1.9200		2016-2046		100,000		100,000		100,000		100,000
US dollar				0.0000		2016-2046		50,000		50,000		50,000		50,000

Japanese yen				5.2400		1997-2022		5,000,000		42,711		5,000,000		42,711
Japanese yen		2.30153		Floating		1998-2028		4,000,000		34,169		4,000,000		34,169
Japanese yen		3.14432		Floating		1999-2019		500,000		4,271		500,000		4,271
Japanese yen		3.35255		Floating		1999-2017		4,000,000		34,169		2,000,000		17,084
Japanese yen		3.68522		Floating		1999-2019		1,000,000		8,542		1,000,000		8,542
Japanese yen				2.70000		1999-2019		1,000,000		8,542		1,000,000		8,542
Japanese yen		5.35686		Floating		1999-2019		1,100,000		9,396		100,000		854
Japanese yen				3.3200		2000-2020		1,000,000		8,542		1,000,000		8,542
Japanese yen		6.86871		Floating		2003-2033		1,000,000		8,542		1,000,000		8,542
Japanese yen		2.95166		Floating		2003-2033		1,000,000		8,542		1,000,000		8,542
Japanese yen		9.50000		Floating		2007-2037		2,100,000		17,938		2,100,000		17,938
Japanese yen		10.00000		Floating		2007-2037		3,000,000		25,626		3,000,000		25,626
Japanese yen				1.70000		2007-2017		50,000,000		427,107		45,000,000		384,396
Japanese yen		5.87000		Floating		2007-2037		300,000		2,563		300,000		2,563
Japanese yen		0.00000		Floating		2007-2037		600,000		5,125		600,000		5,125
Japanese yen		1.75432		Floating		2008-2018		500,000		4,271		500,000		4,271
Japanese yen		2.50000		Floating		2014-2039		300,000		2,563		300,000		2,563
Japanese yen		2.50000		Floating		2014-2040		400,000		3,417		400,000		3,417
Japanese yen		2.50000		Floating		2014-2039		300,000		2,563		300,000		2,563


							Initial amount				Amount outstanding at December 31, 2016
Currency	Interest rate December 31, 2016		Interest %		Issue Date/ Maturity		In currency of borrowing		In equivalent of USD		In currency of borrowing		In equivalent of USD*

Japanese yen		1.76312		Floating		2014-2040		300,000		2,563		300,000		2,563
Japanese yen		2.31746		Floating		2015-2035		300,000		2,563		300,000		2,563
Japanese yen		2.20000		Floating		2015-2041		300,000		2,563		300,000		2,563

Euro				9.6700		1996-2021		60,101		63,352		60,101		63,352
Euro		0.04600		Floating		2005-2025		50,000		52,705		17,575		18,526
Euro				4.7600		2009-2029		37,000		39,002		37,000		39,002
Euro				3.7000		2009-2029		10,000		10,541		10,000		10,541
Euro				3.4500		2013-2058		50,000		52,705		55,356		58,351	**
Euro				0.0000		2013-2058		30,001		31,624		33,277		35,077	**
Euro				3.5000		2013-2058		30,000		31,623		33,261		35,060	**
Euro				3.4700		2013-2058		15,000		15,812		16,616		17,515	**
Euro				3.5100		2013-2061		50,000		52,705		55,452		58,452	**
Euro				3.0000		2013-2028		20,000		21,082		20,000		21,082
Euro		0.00000		Floating		2014-2019		40,000		42,164		40,000		42,164
Euro				0.3070		2014-2017		150,000		158,115		150,000		158,115
Euro				0.0000		2014-2064		50,000		52,705		53,148		56,023	**
Euro				0.0000		2014-2059		10,000		10,541		10,563		11,134	**
Euro				0.0000		2015-2065		54,000		56,921		55,196		58,182	**
Euro				0.0000		2015-2035		20,000		21,082		20,322		21,421	**
Euro				0.3750		2015-2022		500,000		527,050		500,000		527,050
Euro				0.0000		2016-2036		50,000		52,705		50,000		52,705
Euro				0.0000		2016-2056		20,000		21,082		20,000		21,082
Euro				0.0000		2016-2036		32,000		33,731		32,000		33,731
Euro				0.0000		2016-2036		25,000		26,353		25,000		26,353
Euro				0.0000		2016-2058		10,000		10,541		10,000		10,541
Euro				0.0000		2016-2058		30,000		31,623		30,000		31,623
Euro				0.0000		2016-2036		25,000		26,353		25,000		26,353
Euro				0.1250		2016-2024		500,000		527,050		500,000		527,050
Euro				0.0000		2016-2036		30,000		31,623		30,000		31,623
Euro				4.7000		2016-2029		31,850		33,573		31,850		33,573
Euro				0.0000		2016-2036		30,000		31,623		30,000		31,623
Euro				0.0000		2016-2036		25,000		26,353		25,000		26,353
Euro				0.0000		2016-2036		25,000		26,353		25,000		26,353
Euro				0.0000		2016-2036		25,000		26,353		25,000		26,353
Euro				0.0000		2016-2051		20,000		21,082		20,000		21,082
Euro				0.0000		2016-2058		10,000		10,541		10,000		10,541
Euro				1.5275		2016-2052		25,000		26,353		25,000		26,353
Euro				0.0000		2016-2058		40,000		42,164		40,000		42,164
Euro				0.8000		2016-2031		50,000		52,705		50,000		52,705
Euro				0.0000		2016-2046		40,000		42,164		40,000		42,164
Euro				1.2200		2016-2046		10,000		10,541		10,000		10,541

British pound sterling				5.2500		1999-2019		150,000		184,675		210,000		258,545
British pound sterling		4.41291		Floating		2000-2024		100,000		123,117		110,750		136,352
British pound sterling		4.68790		Floating		2000-2020		80,000		98,493		100,000		123,117
British pound sterling				5.2000		2001-2032		150,000		184,675		44,160		54,368
British pound sterling				1.0000		2016-2019		250,000		307,792		250,000		307,792
British pound sterling				0.6250		2016-2019		250,000		307,792		250,000		307,792


							Initial amount				Amount outstanding at December 31, 2016
Currency	Interest rate December 31, 2016		Interest %		Issue Date/ Maturity		In currency of borrowing		In equivalent of USD		In currency of borrowing		In equivalent of USD*

Swedish krona				2.9400		2011-2031		1,000,000		110,348		1,000,000		110,348
Swedish krona		0.00000		Floating		2012-2017		650,000		71,726		650,000		71,726
Swedish krona				2.7500		2012-2032		500,000		55,174		500,000		55,174
Swedish krona				2.1250		2013-2018		500,000		55,174		500,000		55,174
Swedish krona				2.4130		2013-2018		500,000		55,174		500,000		55,174
Swedish krona		0.00000		Floating		2014-2019		1,750,000		193,109		1,750,000		193,109
Swedish krona		0.00000		Floating		2014-2019		500,000		55,174		500,000		55,174
Swedish krona				0.1550		2015-2020		1,000,000		110,348		1,000,000		110,348
Swedish krona				0.6250		2016-2021		1,000,000		110,348		1,000,000		110,348
Swedish krona				0.5000		2016-2021		500,000		55,174		500,000		55,174
Swedish krona				0.5000		2016-2021		200,000		22,070		200,000		22,070
Swedish krona				0.5000		2016-2021		500,000		55,174		500,000		55,174
Swedish krona				0.5000		2016-2023		1,500,000		165,522		1,500,000		165,522
Swedish krona				2.9400		2016-2031		250,000		27,587		250,000		27,587

Norwegian krone				4.7800		2009-2019		1,100,000		127,611		1,100,000		127,611
Norwegian krone				4.7800		2011-2019		150,000		17,401		150,000		17,401
Norwegian krone				4.7800		2011-2019		150,000		17,401		150,000		17,401
Norwegian krone				4.0000		2011-2026		1,100,000		127,611		1,100,000		127,611
Norwegian krone				4.7800		2012-2019		350,000		40,603		350,000		40,603
Norwegian krone				2.1250		2012-2017		1,000,000		116,010		1,000,000		116,010
Norwegian krone				2.1250		2012-2017		500,000		58,005		500,000		58,005
Norwegian krone				2.1250		2013-2017		500,000		58,005		500,000		58,005
Norwegian krone				2.0000		2013-2018		750,000		87,007		750,000		87,007
Norwegian krone		1.17000		Floating		2014-2018		1,000,000		116,010		1,000,000		116,010
Norwegian krone		1.18000		Floating		2014-2019		1,000,000		116,010		1,000,000		116,010
Norwegian krone		1.18000		Floating		2014-2019		500,000		58,005		500,000		58,005
Norwegian krone				1.5000		2015-2025		500,000		58,005		500,000		58,005
Norwegian krone				1.3750		2015-2020		1,700,000		197,217		1,700,000		197,217
Norwegian krone				1.5000		2015-2022		1,000,000		116,010		1,000,000		116,010
Norwegian krone				1.3750		2015-2020		300,000		34,803		300,000		34,803
Norwegian krone				1.3750		2016-2020		400,000		46,404		400,000		46,404
Norwegian krone				1.5000		2016-2022		500,000		58,005		500,000		58,005
Norwegian krone		2.69000		Floating		2016-2021		750,000		87,007		750,000		87,007
Norwegian krone				1.5000		2016-2022		250,000		29,002		250,000		29,002
Norwegian krone				1.5000		2016-2022		250,000		29,002		250,000		29,002
Norwegian krone		2.69000		Floating		2016-2021		250,000		29,002		250,000		29,002
Norwegian krone				1.3750		2016-2020		300,000		34,803		300,000		34,803

Australian dollar				6.4300		2009-2019		20,000		14,444		20,000		14,444
Australian dollar				5.0000		2012-2022		300,000		216,655		300,000		216,655
Australian dollar				5.0000		2012-2022		200,000		144,437		200,000		144,437
Australian dollar				3.5000		2012-2017		450,000		324,983		450,000		324,983
Australian dollar				5.0000		2012-2022		175,000		126,382		175,000		126,382
Australian dollar				5.0000		2013-2022		100,000		72,218		100,000		72,218
Australian dollar				3.5000		2013-2018		400,000		288,874		400,000		288,874
Australian dollar				5.0000		2013-2022		100,000		72,218		100,000		72,218
Australian dollar				4.7500		2013-2024		200,000		144,437		200,000		144,437
Australian dollar				4.7500		2013-2024		100,000		72,218		100,000		72,218
Australian dollar				4.7500		2013-2024		100,000		72,218		100,000		72,218
Australian dollar				4.7500		2014-2024		125,000		90,273		125,000		90,273
Australian dollar				4.7500		2014-2018		125,000		90,273		125,000		90,273


						Initial amount				Amount outstanding at December 31, 2016
Currency	Interest rate December 31, 2016	Interest %		Issue Date/ Maturity		In currency of borrowing		In equivalent of USD		In currency of borrowing		In equivalent of USD*

Australian dollar			4.7500		2014-2024		100,000		72,218		100,000		72,218
Australian dollar			4.7500		2014-2024		100,000		72,218		100,000		72,218
Australian dollar			4.7500		2014-2024		100,000		72,218		100,000		72,218
Australian dollar			4.7500		2014-2024		25,000		18,055		25,000		18,055
Australian dollar			4.7500		2014-2029		50,000		36,109		50,000		36,109
Australian dollar			4.7500		2014-2024		75,000		54,164		75,000		54,164
Australian dollar			4.7500		2014-2024		25,000		18,055		25,000		18,055
Australian dollar			4.7500		2014-2024		50,000		36,109		50,000		36,109
Australian dollar			2.7000		2015-2020		300,000		216,655		300,000		216,655
Australian dollar			2.7000		2015-2020		200,000		144,437		200,000		144,437
Australian dollar			3.4000		2015-2026		100,000		72,218		100,000		72,218
Australian dollar			3.4000		2016-2026		70,000		50,553		70,000		50,553
Australian dollar			3.4000		2016-2026		50,000		36,109		50,000		36,109
Australian dollar			3.4000		2016-2026		50,000		36,109		50,000		36,109
Australian dollar			3.4000		2016-2026		50,000		36,109		50,000		36,109
Australian dollar			3.4000		2016-2026		25,000		18,055		25,000		18,055

Canadian dollar			5.1500		2007-2017		300,000		222,886		25,225		18,741

Swiss franc			6.1250		1986-Perp.		200,000		196,313		18,445		18,105
Swiss franc			2.5000		2009-2018		250,000		245,391		250,000		245,391
Swiss franc			3.2700		2009-2024		50,000		49,078		50,000		49,078
Swiss franc			2.8300		2009-2021		50,000		49,078		50,000		49,078

Hong Kong dollar			5.6300		2003-2017		376,000		48,482		376,000		48,482
Hong Kong dollar			0.0000		2004-2017		108,070		13,935		193,027		24,889	**
Hong Kong dollar			1.7000		2013-2018		100,000		12,894		100,000		12,894

South African rand			0.0000		1997-2027		52,000		3,791		76,581		5,584	**
South African rand			7.0000		2014-2018		300,000		21,874		300,000		21,874
South African rand			7.0000		2016-2018		200,000		14,583		200,000		14,583

Polish zloty			5.5000		2002-2022		100,000		23,901		100,000		23,901

Icelandic krona			4.7500		2002-2017		3,000,000		26,619		393,293		3,490	**

New Zealand dollar			3.0400		2011-2021		125,000		86,926		125,000		86,926
New Zealand dollar			4.1250		2012-2017		200,000		139,082		200,000		139,082
New Zealand dollar			4.1250		2012-2017		150,000		104,311		150,000		104,311
New Zealand dollar			3.5000		2013-2018		350,000		243,393		350,000		243,393
New Zealand dollar			3.5000		2013-2018		175,000		121,696		175,000		121,696
New Zealand dollar			4.1240		2013-2020		100,000		69,541		100,000		69,541
New Zealand dollar			3.5000		2013-2018		175,000		121,696		175,000		121,696
New Zealand dollar			4.8750		2014-2019		425,000		295,549		425,000		295,549
New Zealand dollar			4.8750		2014-2019		125,000		86,926		125,000		86,926
New Zealand dollar			4.8750		2014-2019		250,000		173,852		250,000		173,852
New Zealand dollar			4.1250		2015-2020		550,000		382,475		550,000		382,475
New Zealand dollar			3.8750		2015-2025		75,000		52,156		75,000		52,156
New Zealand dollar			3.8750		2015-2025		50,000		34,770		50,000		34,770
New Zealand dollar			3.5000		2015-2018		150,000		104,311		150,000		104,311
New Zealand dollar			3.1250		2016-2021		200,000		139,082		200,000		139,082
New Zealand dollar			3.8750		2016-2025		25,000		17,385		25,000		17,385


						Initial amount				Amount outstanding at December 31, 2016
Currency	Interest rate December 31, 2016	Interest %		Issue Date/ Maturity		In currency of borrowing		In equivalent of USD		In currency of borrowing		In equivalent of USD*

New Zealand dollars			3.8750		2016-2025		50,000		34,770		50,000		34,770

New Turkish lira			10.2500		2010-2020		48,000		13,648		48,000		13,648
New Turkish lira			0.5000		2012-2019		200,000		56,868		131,000		37,248
New Turkish lira			4.8700		2012-2018		125,000		35,542		125,000		35,542
New Turkish lira			0.5000		2014-2019		120,000		34,121		120,000		34,121
New Turkish lira			0.5000		2014-2019		30,000		8,530		30,000		8,530
New Turkish lira			9.0800		2016-2018		95,800		27,240		95,800		27,240
New Turkish lira			10.0000		2016-2017		40,000		11,374		40,000		11,374

Brazilian real			9.9500		2013-2023		58,095		17,851		77,219		23,727	**
Brazilian real			8.7700		2013-2018		343,500		105,548		343,500		105,548
Brazilian real			0.5000		2014-2019		50,000		15,364		50,000		15,364
Brazilian real			0.5000		2014-2019		180,000		55,309		180,000		55,309
Brazilian real			0.5000		2014-2019		170,000		52,236		170,000		52,236
Brazilian real			0.5000		2014-2019		170,000		52,236		170,000		52,236
Brazilian real			8.9800		2015-2018		63,920		19,641		63,920		19,641
Brazilian real			9.0000		2015-2018		114,280		35,115		114,280		35,115

Mexican peso			0.5000		2012-2022		1,000,000		48,416		410,000		19,850
Mexican peso			0.5000		2013-2023		2,500,000		121,039		1,090,000		52,773
Mexican peso			0.5000		2013-2023		1,400,000		67,782		1,000,000		48,416

Indian rupee			5.1000		2015-2020		1,449,800		21,346		1,449,800		21,346
Indian rupee			5.7000		2015-2020		765,600		11,272		765,600		11,272

TOTAL												USD	24,699,549

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

1 US dollar = 117.066692 Japanese yen; 0.948676596 Euro; 0.812237928 British pound sterling;

9.062233185 Swedish krona; 8.619960156 Norwegian krone; 1.38468836 Australian dollar;

1.345982355 Canadian dollar; 1.018783797 Swiss franc; 7.755526041 Hong Kong dollar;

13.71501755 South African rand; 4.183948392 Polish zloty; 112.7027796 Icelandic krona;

1.438003984 New Zealand dollar; 3.516933877 New Turkish lira; 3.254435063 Brazilian real;

20.65449198 Mexican peso and 67.91907789 Indian rupee.

**	The amount stated as outstanding at December 31, 2016 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)