At riksgalden.se, we use cookies to improve your experience on our website and to collect statistics. We also use cookies for analyzing to improve our website. More about cookies.
Terms for switch of inflation-linked bond 3109 for 3113
Press release 16 helmikuuta 2024
The Swedish National Debt Office offers a switch auction in the 3109 inflation-linked bond maturing on 1 June 2025, aiming to decrease the outstanding volume before the time to maturity is shorter than one year. The switch auction will be held on 8 March.
In the switch auction, the Debt Office plans to sell the 3113 inflation-linked bond maturing on 1 December 2027. The switch will be made cash neutral1.
| Fri 8 Mar Cash neutral | |
|---|---|
| SNDO buys bond | 3109 |
| SNDO buys amount (SEK mn)2 | 2,860 |
| SNDO sells bond | 3113 |
| SNDO sells amount (SEK mn) | 3,000 |
| Time for yield on buy-back bond | 10.45 |
| Time for yield on buy-back bond | 11.00 |
| Time for auction result | 11.03 |
The switch auction was announced in the publication Central Government Borrowing – Forecast and Analysis 2023:3 in October.
The bid yield on the buy-back bond will be published at 10:45 on the day of the auction on riksgalden.se/borrowing. Bids must be placed before 11:00 through the Debt Office’s primary dealers. The result will be published at 11:03 or somewhat later.
Contact
Johan Bergström, Head of Funding, +46 (0)8 613 45 68
Anna Olofsson, Head of Analysis, +46 (0)8 613 45 98
1 The market value of the purchase and sales volume of each bond shall be equal.
2 The stated nominal volume of SGB IL 3109 is an approximation based on today's yields.