The Riksbank to increase asset purchases and take measures to facilitate credit supply
To support economic developments and avoid problems in credit supply further exacerbating the economic consequences of the pandemic, the Executive Board has decided on a package of measures. The Riksbank is offering increased loans to banks on favourable terms. During the year, the Riksbank also intends to buy securities for up to an additional SEK 300 billion. The decision was taken at an extraordinary monetary policy meeting today. In this way, the Riksbank will help to facilitate credit supply and mitigate the downturn in the economy. The Riksbank is prepared to take additional measures if