ANNOUNCEMENT OF THE SEK CALL FOR TENDER OPERATION FOR THE CURRENT LOAN
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Submission date, 2021-05-21 |
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Auction day |
05/21/2021 |
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Auction time |
10:30 am-11:00am (CET / CEST) on the day of the Offer |
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Amount offered |
SEK 50 billion (total) |
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Maximum authorized bid volume |
SEK 12.5 billion from an individual bidder (in total per auction day) |
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Settlement date |
05/25/2021 |
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Minimum authorized bid volume |
SEK 10 million per offer |
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Maximum number of offers per reimbursement date offered |
1 |
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Repayment dates (deadlines offered) |
April 29, 2022 April 28, 2023 April 30, 2024 |
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Maximum allowance |
25 percent of the amount offered |
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Allocation time |
No later than 11:30 a.m. (CET / CEST) on the day of the auction |
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Base period (to establish the base loan amount) |
March 1, 2020 – February 28, 2021 |
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Appraisal rounds (for calculating any additional interest) |
Valuation cycle 1: April 2022 (for credit with repayment date April 29, 2022 April 28, 2023 and April 30, 2024) refers to comparison period 1: March 1, 2021 – February 28, 2022 and the potential additional interest rate applied to loan period 1: from March 30, 2021 until April 29, 2022 inclusive. Valuation cycle 2: April 2023 (for credit with repayment date April 28, 2023 and April 30, 2024) refers to comparison period 2: March 1, 2022 – February 28, 2023 and potential additional interest rate applied to the Period loan 2: from April 29, 2022 to April 28, 2023 inclusive. Valuation cycle 3: April 2024 (for credit with repayment date April 30, 2024) refers to comparison period 3: March 1, 2023 – February 29, 2024 and potential additional interest rate applied to loan period 3: from April 28, 2023 to April 30, 2024 inclusive. |
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Loan growth requirement |
Evaluation cycle 1: 1% Evaluation cycle 2: 2% Evaluation cycle 3: 3% |
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Interest rate |
The applicable repo rate of the Riksbank |
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Additional interest rate |
0.10 percent |
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Confirmation of offers by e-mail |
Stockholm, May 14, 2021
This is a translation of the special conditions published on www.riksbank.se. In the event of any inconsistency between the English translation and the Swedish version, the Swedish version will prevail. The full terms and conditions can be found at www.riksbank.se.
