Purchases of covered bonds

To support credit supply broadly in the Swedish economy, the Riksbank will extend its purchases of securities in 2020. These purchases will include covered bonds (mortgage bonds). This is a new measure to mitigate the effects of the corona pandemic on the Swedish economy.

The Riksbank has decided to extend purchases of securities by up to SEK 300 billion over the period March–December 2020. If necessary, the purchases will include both government and municipal bonds and covered bonds (mortgage bonds), as well as commercial paper. More details can be found in the basis for the decision. 

The currently applicable purchases include covered bonds issued in Swedish kronor by Swedish institutions with maturities of more than one year. Like the purchases of government bonds, purchases of covered bonds will be conducted on the secondary market. The Riksbank’s monetary policy counterparties can participate in these auctions; more detailed information can be found in the documents under related content.

The first purchase of covered bonds took place on 25 March 2020.

Was this information helpful?

Questions? Visit our FAQ.

Thanks for your feedback!

Updated 01/04/2020