The Riksbank will offer SEK loans, maturity 84 days, on 23 February

Date

On 20 October 2008, the Riksbank decided to introduce a programme of regular auctions to offer SEK loans to the monetary policy counterparties. On 13 February 2009, it was announced that in future the loans will be offered with a variable interest rate and at longer maturities.

 

The second credit under this new programme will be provided in an auction held on 23 February and will comprise SEK 25 billion. The loans will be provided against normal collateral and the period to maturity is 84 days, which means that the loans will fall due on 20 May 2009.

 

The minimum interest rate will correspond to the average repo rate during the maturity of the loan with a supplement of 0.15 percentage points.

 

For the complete terms see links below.

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