You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.

LONDON--(BUSINESS WIRE)-- City Of Goteborg ISSUE OF SEK 1,350,000,000 FLOATING RATE NOTES DUE SEP 2021 SERIES 2016 05 TRANCHE 1 MTN ISSUE NAME. Our Ref. MK1942 ISIN Code. XS1489408861 INTEREST AMT PER DENOM. CURRENCY CODE. SEK DAY BASIS. Actual/360 (A004) NUM OF DAYS. 91 INTEREST RATE. 0.982 PCT VALUE DATE. 14/06/2021 INTEREST PERIOD. 15/03/2021 TO 14/06/2021 SEK 1,000,000.00 IS SEK 2,482.28 POOL FACTOR. N/A

Answer: FRN Variable Rate Fix