On 20 October the Riksbank introduced a programme of recurrent auctions in order to offer SEK loans to the monetary counterparties. The first auction within the program was completed at 12.00 today.
The amount auctioned was SEK 60 billion. The total amount of the bids submitted was SEK 15 billion, which was also the total amount allocated. The marginal interest rate was set at 4.00 per cent and it corresponds to the lowest accepted rate in the auction.
Additional information was published today at 13:00 in SAXESS/OMFIE on page RIKP.