Riksbank to buy commercial paper and expand counterparties
Sveriges Riksbank has launched a new phase of coronavirus crisis-response measures, beginning purchases of commercial paper and expanding the group of firms that can tap directly into its liquidity.
On March 26, the Riksbank said it would soon begin purchases of commercial paper issued by Swedish non-financial corporations, up to a value of Skr4 billion ($400 million). “By buying commercial paper, the Riksbank is helping to improve market functionality and thus improve credit supply to
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