Today's auction of SEK loans and variable rate has now been completed (maturity 336 days)

Date 01/06/2009

The Riksbank decided on 13 February to establish a special credit facility in SEK with a maturity of 3 and 6 months and variable interest rate. On 7 May 2009 the Riksbank decided to offer also SEK loans with 12 months maturity. The first 12-months auction was completed at 11 a.m. today. The offered amount was SEK 35 billion and the minimum interest rate was set at repo rate plus an interest supplement of 0.150 per cent.

 

The total number of bids received amounted to SEK 25 billion, which was also the total amount allotted. The interest rate was set at repo rate plus an interest supplement of 0.150 per cent, which corresponded to the lowest accepted interest rate in the auction.

 

More information was published today at 11.30 a.m. in SAXESS/OMFIE on page RIKP.