Purchases of treasury bills
To mitigate the effects of the coronavirus pandemic on the Swedish economy, the Riksbank intends to purchase assets in an amount of up to SEK 700 billion, up to 31 December 2021, in addition to the purchases planned prior to the pandemic. The purchases are aimed at keeping interest rates in general at a low level and contributing to an efficient supply of credit. The current purchases include treasury bills, among others.
The Riksbank may purchase tradeable debt instruments with a remaining time to maturity of at least 70 days at the time of purchase. The purchases are made on the secondary market and via bid procedures. The Riksbank’s monetary policy counterparties and the Swedish National Debt Office’s current primary dealers in government treasury bills may participate in these bid procedures.
More detailed information can be found in the document under “Related content” below.