Date 05/11/2008
The Riksbank decided on 28 October to establish a special credit facility with corporate paper as collateral. The loans, which have a maturity of 3 months, will be offered every second week. In the first auction, which was completed at 2 p.m. today, the announced amount was SEK 40 billion and the minimum interest rate was 4.15 per cent.
The total number of bids received amounted to SEK 4.5 billion, which was also the total amount allotted. The interest rate was set at 4.15 per cent, which corresponded to the lowest accepted interest rate in the auction.
More information was published today at 3 p.m. in SAXESS/OMFIE on page RIKY.
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