On 19 April the Riksbank offers new SEK loans (3 and 6 months)

Date 15/04/2010

On the 20 October 2008 the Riksbank introduced a programme of recurrent auctions in order to offer SEK loans to the monetary counterparties. On the 13 February 2009, the Riksbank announced that in the future the loans will be offered with a variable interest rate and at longer maturities.
 
The 57th and 58th credit under the new program will be provided in auctions held on 19 April and will comprise SEK 25 billion in the 3-month auction and 25 billion in the 6-month auction. The loans term to maturity is 84 respective 168 days, which means that the loans will fall due on 14 July 2010 respectively on 6 October 2010. The minimum interest rate will correspond to the average repo rate during the maturity of the loan with a supplement of 0.30 percentage points in the 3-month auction and 0.35 percentage points in the 6-month auction.