Nordic Investment Bank 18K Annual report (foreign governments) | SEC 8 May 18

Exhibit I

NORDIC INVESTMENT BANK

Summary Schedule of Funded Debt

Outstanding at December 31, 2017


				Initial amount				Amount outstanding at December 31, 2017
Currency	Issues	Interest %	Maturities	In currency of borrowing		In equivalent of USD		in equivalent of USD *
				(in thousands)		(in thousands)		(in thousands)
US dollar	35	0.000 - 6.100	2018 - 2047		12,152,890		12,152,890		12,206,420	*
Japanese yen	20	0.000 - 10.000	2018 - 2041		24,000,000		213,193		204,310	*
Euro	44	0.000 - 9.670	2019 - 2065		2,884,952		3,459,923		3,470,256	*
British pound sterling	8	0.625 - 5.250	2019 - 2032		1,530,000		2,068,155		2,024,913	*
Swedish krona	19	0.000 - 2.940	2018 - 2047		14,200,000		1,730,029		1,730,029	*
Norwegian krone	25	0.875 - 4.780	2018 - 2027		16,050,000		1,956,116		1,956,116	*
Australian dollar	33	2.700 - 6.430	2018 - 2029		3,625,000		2,832,961		2,832,961
Swiss franc	4	2.500 - 6.125	2018 - Perp.		550,000		563,677		377,607
Hong Kong dollar	2	1.700 - 1.890	2018 - 2024		500,000		63,983		63,983
South African rand	3	0.000 - 7.000	2018 - 2027		552,000		44,714		47,565
Polish zloty	1	5.500	2022		100,000		28,712		28,712
New Zealand dollar	15	3.040 - 4.875	2018 - 2025		2,825,000		2,010,696		2,010,696
New Turkish lira	11	0.000 - 10.250	2018 - 2022		2,397,170		632,352		622,253
Brazilian real	12	0.500 - 9.950	2018 - 2023		1,559,275		470,699		478,791
Mexican peso	4	0,500 - 5.690	2020 - 2023		5,190,900		263,108		141,461
Indian rupee	6	4.740 - 5.700	2020		5,918,700		92,660		92,660
Argentina peso	7	0.000 - 14.000	2019 - 2020		987,488		52,536		52,536

TOTAL									28,341,269

*	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, 2017 (in millions of EUR)


Currency	2018		2019		2020		2021		2022		After 2022		Total
US dollar		3,210.3		2,293.0		1,667.6		1,334.1		1,042.3		630.6		10,177.9
Japanese yen		3.7		19.2		7.4		0.0		37.0		103.1		170.4
Euro		0.0		40.0		0.0		60.1		500.0		2,293.5		2,893.6
British pound sterling		0.0		518.5		112.7		901.7		0.0		155.5		1,688.4
Swedish krona		101.6		228.6		101.6		223.5		254.0		533.2		1,442.5
Norwegian krone		177.8		330.3		376.0		101.6		254.1		391.2		1,631.0
Australian dollar		342.1		13.0		325.8		0.0		651.6		1,029.7		2,362.2
Swiss franc		213.6		0.0		0.0		42.7		0.0		58.6		314.9
Hong Kong dollar		10.7		0.0		0.0		0.0		0.0		42.7		53.4
South African rand		33.8		0.0		0.0		0.0		0.0		5.9		39.7
Polish zloty		0.0		0.0		0.0		0.0		23.9		0.0		23.9
New Zealand dollar		504.4		474.8		385.8		192.9		0.0		118.7		1,676.6
New Turkish lira		48.6		61.8		203.6		0.0		305.3		-100.5		518.8
Brazilian real		131.3		143.5		101.7		1.4		0.0		21.3		399.2
Mexican peso		0.0		0.0		12.3		0.0		17.3		88.3		117.9
Indian rupee		0.0		0.0		77.3		0.0		0.0		0.0		77.3
Argentina peso		0.0		15.2		28.8		0.0		0.0		-0.2		43.8

Total		4,777.9		4,137.9		3,400.6		2,858.0		3,085.5		5,371.6		23,631.5

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, 2017 (in thousands)


							Initial amount				Amount outstanding at December 31, 2017
Currency	Interest rate December 31, 2017		Interest %		Issue Date/ Maturity		In currency of borrowing		In equivalent of USD		In currency of borrowing		In equivalent of USD *

US dollar				4.4000		2012-2042		50,000		50,000		62,012		62,012	**
US dollar				4.3000		2012-2042		20,000		20,000		24,686		24,686	**
US dollar				4.3800		2012-2042		64,890		64,890		80,402		80,402	**
US dollar				3.4000		2012-2027		63,000		63,000		74,463		74,463	**
US dollar				0.7500		2012-2018		1,000,000		1,000,000		1,000,000		1,000,000
US dollar				0.0000		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		1.41742		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		30,872		30,872	**
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		30,936		30,936	**
US dollar				0.0000		2016-2046		30,000		30,000		30,984		30,984	**
US dollar				0.0000		2016-2046		30,000		30,000		31,050		31,050	**
US dollar				0.0000		2016-2046		50,000		50,000		51,738		51,738	**
US dollar				0.0000		2016-2046		20,000		20,000		20,716		20,716	**
US dollar				0.0000		2016-2046		50,000		50,000		51,745		51,745	**
US dollar				1.9200		2016-2046		100,000		100,000		100,000		100,000
US dollar				0.0000		2016-2046		50,000		50,000		51,816		51,816	**
US dollar				0.0000		2017-2047		30,000		30,000		30,000		30,000	**
US dollar				0.0000		2017-2047		30,000		30,000		30,000		30,000	**
US dollar				0.0000		2017-2047		30,000		30,000		30,000		30,000	**
US dollar				2.1250		2017-2022		1,250,000		1,250,000		1,250,000		1,250,000
US dollar				0.0000		2017-2047		20,000		20,000		20,000		20,000	**
US dollar				5.9000		2017-2047		10,000		10,000		10,000		10,000
US dollar				0.0000		2017-2047		30,000		30,000		30,000		30,000	**
US dollar				0.0000		2017-2047		20,000		20,000		20,000		20,000	**
US dollar				6.1000		2017-2047		10,000		10,000		10,000		10,000
US dollar				1.5000		2017-2019		500,000		500,000		500,000		500,000
US dollar				1.6250		2017-2020		1,000,000		1,000,000		1,000,000		1,000,000

Japanese yen				5.2400		1997-2022		5,000,000		44,415		5,000,000		44,415
Japanese yen		3.55800		Floating		1998-2028		4,000,000		35,532		4,000,000		35,532
Japanese yen		4.24860		Floating		1999-2019		500,000		4,442		500,000		4,442
Japanese yen		4.48966		Floating		1999-2019		1,000,000		8,883		1,000,000		8,883
Japanese yen				2.70000		1999-2019		1,000,000		8,883		1,000,000		8,883
Japanese yen		5.47686		Floating		1999-2019		1,100,000		9,771		100,000		888
Japanese yen				3.3200		2000-2020		1,000,000		8,883		1,000,000		8,883
Japanese yen		6.64365		Floating		2003-2033		1,000,000		8,883		1,000,000		8,883
Japanese yen		4.99250		Floating		2003-2033		1,000,000		8,883		1,000,000		8,883
Japanese yen		9.50000		Floating		2007-2037		2,100,000		18,654		2,100,000		18,654
Japanese yen		10.00000		Floating		2007-2037		3,000,000		26,649		3,000,000		26,649
Japanese yen		4.86000		Floating		2007-2037		300,000		2,665		300,000		2,665


							Initial amount				Amount outstanding at December 31, 2017
Currency	Interest rate December 31, 2017		Interest %		Issue Date/ Maturity		In currency of borrowing		In equivalent of USD		In currency of borrowing		In equivalent of USD *
Japanese yen		0.00000		Floating		2007-2037		600,000		5,330		600,000		5,330
Japanese yen		1.86322		Floating		2008-2018		500,000		4,442		500,000		4,442
Japanese yen		2.50000		Floating		2014-2039		300,000		2,665		300,000		2,665
Japanese yen		2.50000		Floating		2014-2040		400,000		3,553		400,000		3,553
Japanese yen		2.50000		Floating		2014-2039		300,000		2,665		300,000		2,665
Japanese yen		2.35000		Floating		2014-2040		300,000		2,665		300,000		2,665
Japanese yen		2.89190		Floating		2015-2035		300,000		2,665		300,000		2,665
Japanese yen		1.12538		Floating		2015-2041		300,000		2,665		300,000		2,665

Euro				9.6700		1996-2021		60,101		72,079		60,101		72,079
Euro		0.00000		Floating		2005-2025		50,000		59,965		17,575		21,078
Euro				4.7600		2009-2029		37,000		44,374		37,000		44,374
Euro				0.0000		2009-2029		10,000		11,993		10,000		11,993
Euro				3.4500		2013-2058		50,000		59,965		57,265		68,678	**
Euro				0.0000		2013-2058		30,001		35,980		34,447		41,312	**
Euro				3.5000		2013-2058		30,000		35,979		34,425		41,286	**
Euro				3.4700		2013-2058		15,000		17,990		17,193		20,620	**
Euro				3.5100		2013-2061		50,000		59,965		57,398		68,837	**
Euro				0.0000		2013-2028		20,000		23,986		20,000		23,986
Euro		0.00000		Floating		2014-2019		40,000		47,972		40,000		47,972
Euro				0.0000		2014-2064		50,000		59,965		54,796		65,717	**
Euro				0.0000		2014-2059		10,000		11,993		10,856		13,020	**
Euro				0.0000		2015-2065		54,000		64,762		56,419		67,663	**
Euro				0.0000		2015-2035		20,000		23,986		20,649		24,764	**
Euro				0.3750		2015-2022		500,000		599,650		500,000		599,650
Euro				0.0000		2016-2036		50,000		59,965		50,810		60,936	**
Euro				0.0000		2016-2056		20,000		23,986		20,406		24,473	**
Euro				0.0000		2016-2036		32,000		38,378		32,490		38,965	**
Euro				0.0000		2016-2036		25,000		29,983		25,335		30,384	**
Euro				0.0000		2016-2058		10,000		11,993		10,195		12,227	**
Euro				0.0000		2016-2058		30,000		35,979		30,597		36,695	**
Euro				0.0000		2016-2036		25,000		29,983		25,335		30,384	**
Euro				0.1250		2016-2024		500,000		599,650		500,000		599,650
Euro				0.0000		2016-2036		30,000		35,979		30,378		36,432	**
Euro				4.7000		2016-2029		31,850		38,198		31,850		38,198
Euro				0.0000		2016-2036		30,000		35,979		30,327		36,371	**
Euro				0.0000		2016-2036		25,000		29,983		25,253		30,286	**
Euro				0.0000		2016-2036		25,000		29,983		25,253		30,286	**
Euro				0.0000		2016-2036		25,000		29,983		25,250		30,282	**
Euro				0.0000		2016-2051		20,000		23,986		20,282		24,324	**
Euro				0.0000		2016-2058		10,000		11,993		10,142		12,163	**
Euro				1.5275		2016-2052		25,000		29,983		25,000		29,983
Euro				0.0000		2016-2058		40,000		47,972		40,818		48,953	**
Euro				0.0000		2016-2046		40,000		47,972		40,723		48,839	**
Euro				1.2200		2016-2046		10,000		11,993		10,000		11,993
Euro				0.1300		2017-2024		150,000		179,895		150,000		179,895
Euro				1.6620		2017-2047		20,000		23,986		20,000		23,986
Euro				0.0000		2017-2059		15,000		17,990		15,000		17,990	**
Euro				1.7480		2017-2048		25,000		29,983		25,000		29,983
Euro				1.7050		2017-2047		25,000		29,983		25,000		29,983
Euro				0.1450		2017-2025		100,000		119,930		100,000		119,930
Euro				0.1250		2017-2024		500,000		599,650		500,000		599,650


							Initial amount				Amount outstanding at December 31, 2017
Currency	Interest rate December 31, 2017		Interest %		Issue Date/ Maturity		In currency of borrowing		In equivalent of USD		In currency of borrowing		In equivalent of USD *
Euro				1.6500		2017-2047		20,000		23,986		20,000		23,986

British pound sterling				5.2500		1999-2019		150,000		202,760		210,000		283,864
British pound sterling		4.57470		Floating		2000-2024		100,000		135,174		110,750		149,705
British pound sterling		4.87090		Floating		2000-2020		80,000		108,139		100,000		135,174
British pound sterling				5.2000		2001-2032		150,000		202,760		27,260		36,848
British pound sterling				1.0000		2016-2019		250,000		337,934		250,000		337,934
British pound sterling				0.6250		2017-2021		250,000		337,934		250,000		337,934
British pound sterling				0.6250		2017-2021		250,000		337,934		250,000		337,934
British pound sterling				0.6250		2017-2021		300,000		405,521		300,000		405,521

Swedish krona				2.9400		2011-2031		1,000,000		121,833		1,000,000		121,833
Swedish krona				2.7500		2012-2032		500,000		60,917		500,000		60,917
Swedish krona				2.1250		2013-2018		500,000		60,917		500,000		60,917
Swedish krona				2.4130		2013-2018		500,000		60,917		500,000		60,917
Swedish krona		0.00000		Floating		2014-2019		1,750,000		213,208		1,750,000		213,208
Swedish krona		0.00000		Floating		2014-2019		500,000		60,917		500,000		60,917
Swedish krona				0.1550		2015-2020		1,000,000		121,833		1,000,000		121,833
Swedish krona				0.6250		2016-2021		1,000,000		121,833		1,000,000		121,833
Swedish krona				0.5000		2016-2021		500,000		60,917		500,000		60,917
Swedish krona				0.5000		2016-2021		200,000		24,367		200,000		24,367
Swedish krona				0.5000		2016-2021		500,000		60,917		500,000		60,917
Swedish krona				0.5000		2016-2023		1,500,000		182,750		1,500,000		182,750
Swedish krona				2.9400		2016-2031		250,000		30,458		250,000		30,458
Swedish krona				2.1700		2017-2047		250,000		30,458		250,000		30,458
Swedish krona				2.1700		2017-2047		250,000		30,458		250,000		30,458
Swedish krona				0.4480		2017-2022		2,000,000		243,666		2,000,000		243,666
Swedish krona				0.4480		2017-2022		500,000		60,917		500,000		60,917
Swedish krona				0.5000		2017-2023		500,000		60,917		500,000		60,917
Swedish krona				0.5000		2017-2023		1,000,000		121,833		1,000,000		121,833

Norwegian krone				4.7800		2009-2019		1,100,000		134,064		1,100,000		134,064
Norwegian krone				4.7800		2011-2019		150,000		18,281		150,000		18,281
Norwegian krone				4.7800		2011-2019		150,000		18,281		150,000		18,281
Norwegian krone				4.0000		2011-2026		1,100,000		134,064		1,100,000		134,064
Norwegian krone				4.7800		2012-2019		350,000		42,657		350,000		42,657
Norwegian krone				2.0000		2013-2018		750,000		91,407		750,000		91,407
Norwegian krone		0.85000		Floating		2014-2018		1,000,000		121,876		1,000,000		121,876
Norwegian krone		0.78000		Floating		2014-2019		1,000,000		121,876		1,000,000		121,876
Norwegian krone		0.78000		Floating		2014-2019		500,000		60,938		500,000		60,938
Norwegian krone				1.5000		2015-2025		500,000		60,938		500,000		60,938
Norwegian krone				1.3750		2015-2020		1,700,000		207,190		1,700,000		207,190
Norwegian krone				1.5000		2015-2022		1,000,000		121,876		1,000,000		121,876
Norwegian krone				1.3750		2015-2020		300,000		36,563		300,000		36,563
Norwegian krone				1.3750		2016-2020		400,000		48,751		400,000		48,751
Norwegian krone				1.5000		2016-2022		500,000		60,938		500,000		60,938
Norwegian krone		2.33000		Floating		2016-2021		750,000		91,407		750,000		91,407
Norwegian krone				1.5000		2016-2022		250,000		30,469		250,000		30,469
Norwegian krone				1.5000		2016-2022		250,000		30,469		250,000		30,469
Norwegian krone		2.33000		Floating		2016-2021		250,000		30,469		250,000		30,469
Norwegian krone				1.3750		2016-2020		300,000		36,563		300,000		36,563
Norwegian krone				2.1360		2017-2027		1,000,000		121,876		1,000,000		121,876


						Initial amount				Amount outstanding at December 31, 2017
Currency	Interest rate December 31, 2017	Interest %		Issue Date/ Maturity		In currency of borrowing		In equivalent of USD		In currency of borrowing		In equivalent of USD *
Norwegian krone			0.8750		2017-2020		500,000		60,938		500,000		60,938
Norwegian krone			0.8750		2017-2020		500,000		60,938		500,000		60,938
Norwegian krone			1.5000		2017-2022		500,000		60,938		500,000		60,938
Norwegian krone			1.3750		2017-2023		1,250,000		152,345		1,250,000		152,345

Australian dollar			6.4300		2009-2019		20,000		15,630		20,000		15,630
Australian dollar			5.0000		2012-2022		300,000		234,452		300,000		234,452
Australian dollar			5.0000		2012-2022		200,000		156,301		200,000		156,301
Australian dollar			5.0000		2012-2022		175,000		136,764		175,000		136,764
Australian dollar			5.0000		2013-2022		100,000		78,151		100,000		78,151
Australian dollar			3.5000		2013-2018		400,000		312,603		400,000		312,603
Australian dollar			5.0000		2013-2022		100,000		78,151		100,000		78,151
Australian dollar			4.7500		2013-2024		200,000		156,301		200,000		156,301
Australian dollar			4.7500		2013-2024		100,000		78,151		100,000		78,151
Australian dollar			4.7500		2013-2024		100,000		78,151		100,000		78,151
Australian dollar			4.7500		2014-2024		125,000		97,688		125,000		97,688
Australian dollar			4.7500		2014-2018		125,000		97,688		125,000		97,688
Australian dollar			4.7500		2014-2024		100,000		78,151		100,000		78,151
Australian dollar			4.7500		2014-2024		100,000		78,151		100,000		78,151
Australian dollar			4.7500		2014-2024		100,000		78,151		100,000		78,151
Australian dollar			4.7500		2014-2024		25,000		19,538		25,000		19,538
Australian dollar			4.7500		2014-2029		50,000		39,075		50,000		39,075
Australian dollar			4.7500		2014-2024		75,000		58,613		75,000		58,613
Australian dollar			4.7500		2014-2024		25,000		19,538		25,000		19,538
Australian dollar			4.7500		2014-2024		50,000		39,075		50,000		39,075
Australian dollar			2.7000		2015-2020		300,000		234,452		300,000		234,452
Australian dollar			2.7000		2015-2020		200,000		156,301		200,000		156,301
Australian dollar			3.4000		2015-2026		100,000		78,151		100,000		78,151
Australian dollar			3.4000		2016-2026		70,000		54,705		70,000		54,705
Australian dollar			3.4000		2016-2026		50,000		39,075		50,000		39,075
Australian dollar			3.4000		2016-2026		50,000		39,075		50,000		39,075
Australian dollar			3.4000		2016-2026		50,000		39,075		50,000		39,075
Australian dollar			3.4000		2016-2026		25,000		19,538		25,000		19,538
Australian dollar			3.4000		2017-2026		35,000		27,353		35,000		27,353
Australian dollar			3.3000		2017-2027		50,000		39,075		50,000		39,075
Australian dollar			3.3000		2017-2027		60,000		46,890		60,000		46,890
Australian dollar			5.0000		2017-2022		125,000		97,688		125,000		97,688
Australian dollar			3.3000		2017-2027		40,000		31,260		40,000		31,260

Swiss franc			6.1250		1986-Perp.		200,000		204,974		18,445		18,904
Swiss franc			2.5000		2009-2018		250,000		256,217		250,000		256,217
Swiss franc			3.2700		2009-2024		50,000		51,243		50,000		51,243
Swiss franc			2.8300		2009-2021		50,000		51,243		50,000		51,243

Hong Kong dollar			1.7000		2013-2018		100,000		12,797		100,000		12,797
Hong Kong dollar			1.8900		2017-2024		400,000		51,187		400,000		51,187

South African rand			0.0000		1997-2027		52,000		4,212		87,192		7,063	**
South African rand			7.0000		2014-2018		300,000		24,301		300,000		24,301
South African rand			7.0000		2016-2018		200,000		16,201		200,000		16,201

Polish zloty			5.5000		2002-2022		100,000		28,712		100,000		28,712


						Initial amount				Amount outstanding at December 31, 2017
Currency	Interest rate December 31, 2017	Interest %		Issue Date/ Maturity		In currency of borrowing		In equivalent of USD		In currency of borrowing		In equivalent of USD *

New Zealand dollar			3.0400		2011-2021		125,000		88,969		125,000		88,969
New Zealand dollar			3.5000		2013-2018		350,000		249,113		350,000		249,113
New Zealand dollar			3.5000		2013-2018		175,000		124,556		175,000		124,556
New Zealand dollar			4.1240		2013-2020		100,000		71,175		100,000		71,175
New Zealand dollar			3.5000		2013-2018		175,000		124,556		175,000		124,556
New Zealand dollar			4.8750		2014-2019		425,000		302,494		425,000		302,494
New Zealand dollar			4.8750		2014-2019		125,000		88,969		125,000		88,969
New Zealand dollar			4.8750		2014-2019		250,000		177,938		250,000		177,938
New Zealand dollar			4.1250		2015-2020		550,000		391,463		550,000		391,463
New Zealand dollar			3.8750		2015-2025		75,000		53,381		75,000		53,381
New Zealand dollar			3.8750		2015-2025		50,000		35,588		50,000		35,588
New Zealand dollar			3.5000		2015-2018		150,000		106,763		150,000		106,763
New Zealand dollar			3.1250		2016-2021		200,000		142,350		200,000		142,350
New Zealand dollar			3.8750		2016-2025		25,000		17,794		25,000		17,794
New Zealand dollar			3.8750		2016-2025		50,000		35,588		50,000		35,588

New Turkish lira			10.2500		2010-2020		48,000		12,662		48,000		12,662
New Turkish lira			0.5000		2012-2019		200,000		52,758		131,000		34,557
New Turkish lira			4.8700		2012-2018		125,000		32,974		125,000		32,974
New Turkish lira			0.5000		2014-2019		120,000		31,655		120,000		31,655
New Turkish lira			0.5000		2014-2019		30,000		7,914		30,000		7,914
New Turkish lira			9.0800		2016-2018		95,800		25,271		95,800		25,271
New Turkish lira			10.3000		2017-2020		95,230		25,121		95,230		25,121
New Turkish lira			0.0000		2017-2022		197,920		52,210		212,710		56,111	**
New Turkish lira			9.6500		2017-2020		373,220		98,452		373,220		98,452
New Turkish lira			0.0000		2017-2022		702,570		185,332		718,497		189,533	**
New Turkish lira			11.7800		2017-2020		409,430		108,004		409,430		108,004

Brazilian real			9.9500		2013-2023		58,095		17,537		84,902		25,629	**
Brazilian real			8.7700		2013-2018		343,500		103,692		343,500		103,692
Brazilian real			0.5000		2014-2019		50,000		15,094		50,000		15,094
Brazilian real			0.5000		2014-2019		180,000		54,337		180,000		54,337
Brazilian real			0.5000		2014-2019		170,000		51,318		170,000		51,318
Brazilian real			0.5000		2014-2019		170,000		51,318		170,000		51,318
Brazilian real			8.9800		2015-2018		63,920		19,296		63,920		19,296
Brazilian real			9.0000		2015-2018		114,280		34,498		114,280		34,498
Brazilian real			7.6200		2017-2020		163,060		49,223		163,060		49,223
Brazilian real			8.0000		2017-2021		5,500		1,660		5,500		1,660
Brazilian real			6.6100		2017-2020		161,310		48,695		161,310		48,695
Brazilian real			6.8300		2017-2020		79,610		24,032		79,610		24,032

Mexican peso			0.5000		2012-2022		1,000,000		50,686		410,000		20,781
Mexican peso			0.5000		2013-2023		2,500,000		126,716		1,090,000		55,248
Mexican peso			0.5000		2013-2023		1,400,000		70,961		1,000,000		50,686
Mexican peso			5.6900		2017-2020		290,900		14,745		290,900		14,745

Indian rupee			5.1000		2015-2020		1,449,800		22,697		1,449,800		22,697
Indian rupee			5.7000		2015-2020		765,600		11,986		765,600		11,986
Indian rupee			4.7400		2017-2020		1,020,100		15,970		1,020,100		15,970
Indian rupee			5.5000		2017-2020		170,000		2,661		170,000		2,661
Indian rupee			4.8300		2017-2020		1,480,800		23,183		1,480,800		23,183
Indian rupee			4.7900		2017-2020		1,032,400		16,163		1,032,400		16,163


						Initial amount				Amount outstanding at December 31, 2017
Currency	Interest rate December 31, 2017	Interest %		Issue Date/ Maturity		In currency of borrowing		In equivalent of USD		In currency of borrowing		In equivalent of USD *

Argentina peso			14.0000		2017-2020		150,000		7,980		150,000		7,980
Argentina peso			14.0000		2017-2020		150,000		7,980		150,000		7,980
Argentina peso			14.5000		2017-2019		80,000		4,256		80,000		4,256
Argentina peso			14.5000		2017-2019		40,000		2,128		40,000		2,128
Argentina peso			14.0000		2017-2020		350,000		18,621		350,000		18,621
Argentina peso			14.5000		2017-2019		175,000		9,310		175,000		9,310
Argentina peso			0.0000		2017-2019		42,488		2,260		42,488		2,260

TOTAL												USD	28,341,270

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

1 US dollar = 112,5740015 Japanese yen; 0.833819728 Euro; 0.739789877 British pound sterling;

8.20795464 Swedish krona; 8.205036271 Norwegian krone; 1.279579755 Australian dollar;

0.975735846 Swiss franc; 7.814558492 Hong Kong dollar; 12.3450346 South African rand;

3.482865005 Polish zloty; 1.404986242 New Zealand dollar; 3.790878012 New Turkish lira;

3.312682398 Brazilian real; 19.72917535 Mexican peso; 63.87517719 Indian rupee and 18.79631452 Argentina peso.

**	The amount stated as outstanding at December 31, 2017 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)