Terms for additional exchanges to government bond 1058

12 March 2014 - Press release

The Swedish National Debt Office offers additional exchanges to bond SGB 1058 2.50% 12 May 2025 during the period 8-12 May.

The Debt Office offers exchanges for SGB1057 1.5% 13 Nov 23. The exchanges will be made price risk neutral.[1]

Terms of exchanges to SGB 1058

Time for exchanges to loan 1058

Thu 8 May

Fri 9 May

Mon 12 May

Time for yield on buy-back loan

10.45

10.45

10.45

Time for auction cut-off

11.00

11.00

11.00

Time for auction result

11.03

11.03

11.03

SNDO buys amount (SEK mn) [2]  

5 900

5 900

5 900

SNDO buys loan

1057

1057

1057

SNDO sells amount (SEK mn)

5 000

5 000

5 000

SNDO sells loan

1058

1058

1058

 

The exchange auctions were announced in the publication Central Government Borrowing – Forecast and Analysis 2014:1 in February.

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 only through 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 current yields.