Riksbank to offer counterparties new liquidity and deposit facilities
Measure aims to prevent volatility in overnight market rates as central bank reduces liquidity
Sveriges Riksbank will offer new liquidity and deposit facilities to its counterparties in a bid to prevent volatility in overnight market rates, it said today (October 26).
The institution argued the measure is to support its monetary policy. The facility will become operative on November 15.
As part of its efforts to rein in above-target inflation, the Swedish central bank started to sell the government bonds it holds on its balance sheet in April, gradually withdrawing liquidity from the
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