Market Overview

Terms for additional exchanges to SGB 1057


The Swedish National Debt Office offers additional exchanges to bond SGB 1057 (1.5 % 13 Nov 23) that will be the new ten-year reference loan from 20 March. The first exchange auction will be on 7 March, followed by an additional three auctions.

The Swedish National Debt Office offers exchanges for loans SGB 1054 (3.5%, 1 Jun 22) and SGB 1047 (5% 1 Dec 20). The exchanges will be made risk price neutral.

Exchange terms 1057
Time for exchanges of loan 1057 Thursday
7 March
Friday
8 March
Monday
11 March
Tuesday
12 March
Time for buy-back yield 10.45 10.45 10.45 10.45
Auction closes 11.00 11.00 11.00 11.00
Time for auction result 11.03 11.03 11.03 11.03
SNDO buys amount
(SEK mn) [1]
5 100 5 100 5 700 5 100
SNDO buys loan 1054 1054 1047 1054
SNDO sells amount

(SEK mn)
5 000 5 000 5 000 5 000
SNDO sells loan 1057 1057 1057 1057

The bid yield on the buy-back loans will be published at 10:45 at our web site.

Bids must be placed before 11.00 a.m. on the day of the auction. The results will be published around 11.03. However, the auction result may be published somewhat later. Bidding only through our primary dealers.

Fore more informaion www.riksgalden.se.

For more information, please contact:

Magdalena Belin, Head of Analysis, +46 (0)8 613 52 28

Maria Norström, Head of Funding, +46 (0)8 613 46 35

[1] The stated nominal volume of loan 1054 and 1047 is only an approximation calculated on the basis of today's yields.






This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.

Source: Riksgälden via Thomson Reuters ONE

HUG#1670580

 

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