Terms for exchanges to government bond 1058

4 December 2013 - Press release

The Swedish National Debt Office introduces a new government bond SGB 1058 X% 12 May 2025. The auction details and the coupon will be published on Wednesday 22 January 2014 at 16.20.

On Wednesday, 29 January SEK 3.5 billion will be issued in a first auction in loan 1058. At the same time the Debt Office is offering exchanges from loan SGB 1057 1.5% 13 Nov 2023 to the new loan to quickly build up volume. The exchanges will be made price risk neutral.[1]

Terms of exchanges to SGB 1058
Time for exchanges of loan 1058Thu 30 JanFri 31 JanMon 3 FebTue 4 Feb
Time for yield on buy-back loan 10.45 10.45 10.45 10.45
Time for auction cut-off 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) [2] 5 800 5 800 5 800 5 800
SNDO buys loan 1057 1057 1057 1057
SNDO sells amount (SEK mn) 5 000 5 000 5 000 5 000
SNDO sells loan 1058 1058 1058 1058

The loan was announced in the publication Central Government Borrowing – Forecast and Analysis 2013:3 in October. See terms of sale on www.riksgalden.se.

The bid yield on the buy-back loan will be published at 10.45 at our web site on the day of the auction.

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

For more information, please contact:
Maria Norström, Head of Funding, +46 (0)8 613 46 35
Magdalena Belin, Head of Analysis, +46 (0)8 613 52 28


[1]The market value of the purchase and sale volume multiplied by the modified duration of each respective bond shall be equal.
2] The stated nominal volume of loan 1057 is only an approximation calculated on the basis of today's yields.