Programme for long SEK loans at variable interest rate
Date
20/02/2009
The Riksbank announced on 13 February that it would be offering loans in Swedish kronor at longer maturities and at a variable interest rate. Loans against normal collateral will be offered with maturities of 3 and 6 months. Loans with commercial paper as collateral will be offered at maturities of 3, 6 and 12 months.
The loans will be offered through an auction procedure and will have maturities of around 3, 6 and 12 months. The maturities that are relevant for the respective auctions are shown in the plan below. The date and exact conditions for each auction will be published at least two days prior to each auction (at least four days for loans against collateral in commercial paper). The announced sums will be set taking into account the prevailing market conditions and the outcome of previous auctions.
The minimum interest rate in the auctions with normal collateral will be set at the average repo rate during the maturity of the loan with a supplement of 0.15 percentage points regardless of the maturity. The loans in Swedish kronor offered with commercial paper as collateral will have a minimum interest rate corresponding to the average repo rate during the maturity of the loan, with a supplement of 0.20 percentage points regardless of the maturity.
Dates for planned auctions for SEK loans against normal collateral
23 Feb 2009
25 Feb 2009
20 May 2009
Yes
23 Feb 2009
25 Feb 2009
12 Aug 2009
No
9 March 2009
11 March 2009
3 June 2009
Yes
20 March 2009
24 March 2009
17 June 2009
Yes
20 March 2009
24 March 2009
9 Sep 2009
No
6 April 2009
8 April 2009
1 July 2009
Yes
20 April 2009
22 April 2009
15 July 2009
No
20 April 2009
22 April 2009
7 Oct 2009
No
4 May 2009
6 May 2009
29 July 2009
No
18 May 2009
20 May 2009
12 Aug 2009
No
18 May 2009
20 May 2009
4 Nov 2009
No
1 June 2009
3 June 2009
26 Aug 2009
Yes
15 June 2009
17 June 2009
9 Sep 2009
Yes
15 June 2009
17 June 2009
2 Dec 2009
No
Note. The Riksbank may change the dates of the auctions if the circumstances make this appropriate. Any changes will be notified in good time.
Dates for planned auctions for SEK loans against commercial paper as collateral
20 Feb 2009
26 Feb 2009
19 May 2009
20 Feb 2009
26 Feb 2009
11 Aug 2009
4 March 2009
10 March 2009
2 June 2009
4 March 2009
10 March 2009
9 Feb 2010
18 March 2009
24 March 2009
16 June 2009
18 March 2009
24 March 2009
8 Sep 2009
1 April 2009
7 April 2009
30 June 2009
1 April 2009
7 April 2009
9 March 2010
15 April 2009
21 April 2009
14 July 2009
15 April 2009
21 April 2009
6 Oct 2009
27 April 2009
5 May 2009
28 July 2009
27 April 2009
5 May 2009
6 April 2010
13 May 2009
19 May 2009
11 Aug 2009
13 May 2009
19 May 2009
3 Nov 2009
Note. The Riksbank may change the dates of the auctions if the circumstances make this appropriate. Any changes will be notified in good time.
