News 20 March 2013
The Debt Office offers buy-backs in SGB IL 3001 0% 1 Apr 2014 from and including trade date 27 March 2013 up to maturity. From 27 March, the bond will not be included in the Debt Office’s exchange facility.
Primary dealers may sell up to SEK 100 million per day in minimum tickets of SEK 10 million. The buy-back yield will be based on a theoretical valuation of 3001. The value derives from a nominal yield with a corresponding duration adjusted by an inflation factor. The nominal yield is calculated with market rates on treasury bills and short-term bonds. The inflation factor is based on one of the lowest CPI paths in the Riksbank's monetary policy report; see CPI with uncertainty intervals in the Riksbank's monetary policy report.
The buy-back facility is part of the Debt Office's policy for inflation linked bonds approaching maturity. The primary dealers are offered the possibility to sell a limited volume to the Debt Office at a restrictive price.
For more information, please contact:
Maria Norström, Head of Funding, +46 8 613 46 35