The Riksbank to offer USD loans on 28 October

The Riksbank is to offer additional USD loans. Loans totalling USD 7 billion will be provided in an auction held on 28 October for the Riksbank's primary monetary policy counterparties. The loans, which will be provided against collateral, have a time to maturity of 28 days and the payment date is 30 October, which means that the loans will fall due on 27 November 2008. As in previous USD auctions, a minimum interest rate will be set that is related to the expected policy rate in the USA.

For the complete terms see www.riksbank.se

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The Riksbank is Sweden's central bank and an authority under the Riksdag, the Swedish parliament. The Riksbank is responsible for monetary policy with the objective to maintain price stability. The bank has also been given the task to promote a safe and efficient payment system.

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