Riksbank resumes QE by buying government debt

riksbank-exterior

The Sveriges Riksbank resumed its asset purchase programme today (March 18) by buying Skr2.5 billion ($245 million) in government bonds.

On March 16, the Swedish central bank unveiled a Skr300 billion asset-purchase programme following an emergency meeting caused by the Covid-19 crisis. The Riksbank will implement these new purchases until the end of 2020.

The aim “is to support economic development and avoid problems in credit supply leading to further aggravation of the economic consequences

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