On 1 June the Riksbank offers new SEK loans (12 months)

On the 20 October 2008 the Riksbank introduced a programme of recurrent auctions in order to offer SEK loans to the monetary counterparties. On the 13 February 2009, the Riksbank announced that in the future the loans will be offered with a variable interest rate and at longer maturities. On the 7 May the Riksbank decided to offer also SEK loans with twelve months maturity. The fourteenth credit under the new programme will be provided in auctions held on 1 June and will comprise SEK 35 billion each. The loans term to maturity is 336 days, which means that the loans will fall due on 5 May 2010. The minimum interest rate will correspond to the average repo rate during the maturity of the loan with a supplement of 0.15 percentage points. Next auction of SEK loans, with 3 respective 12 months term to maturity, will take place on the 15 June. On the 29 June SEK loans with 3 respective 12 months term to maturity will be auctioned.