The Riksbank decided on 13 February to establish a special credit facility in SEK with a maturity of 6 months and variable interest rate. The auction was completed at 11 a.m. today. The offered amount was SEK 80 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 33 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.