Riksbank steps up pace of crisis support programme

Photo by David Lundberg

Sweden’s central bank will carry out all of its remaining corporate loan auctions that it announced as an emergency response to the coronavirus epidemic, it said on March 23.

The Sveriges Riksbank announced on March 13 that it would sell Skr500 billion ($49 billion) in corporate loans to banks, in order to support lending to the non-financial sector. It held its first auction for Skr100 billion on March 20. The Riksbank says it will now sell the remaining 80% of the loans by the middle of April

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