The Riksbank decided on 13 February to establish a special credit facility in SEK with a maturity of 6 months, variable interest rate and with corporate paper as collateral. The auction was completed at 11 a.m. today. The announced amount was SEK 25 billion and the minimum interest rate was set at repo rate plus an interest supplement of 0.200 per cent.
The total number of bids received amounted to SEK 0.5 billion, which was also the total amount allotted. The interest rate was set at repo rate plus an interest supplement of 0.200 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 RIKY.