The Riksbank offers SEK loans on 5 January
12/30/2008 7:01 AM EST
On 20 October the Riksbank introduced a programme of recurrent auctions in order to offer SEK loans to the monetary counterparties. On Monday, 5 January, the Riksbank will offer the fifth loan within the programme, where the announced sum in the auction is SEK 120 billion. The loans are provided against collateral and have a maturity of 90 days, which means that repayment is due on 8 April 2009. A minimum interest is set at repo rate plus a supplement of 0.25 percentage points.