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2015-04-22

Riksgälden: Terms for switches to government bond 1059

The Swedish National Debt Office introduces a new government bond,SGB 1059 X%
12 Nov 26
. The auction details and the coupon will be published on Wednesday 13 May
2015 at 12:05.

On 20 May, SEK 4 billion will be issued in a first auction of the new bond.
The Debt Office is also offering switches forSGB 1058 2.5% 12 May 25
andSGB 1057 1.5% 13 Nov 23
to quickly build up volume in the new loan. The switches will be made price
risk neutral.[1]

-----------------------------------------------------------------------------------
| Switch auctions Thu 21 May Fri 22 May Mon 25 May Tue 26 May |
| 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] 5 200 5 200 6 400 5 200 |
| SNDO buys loan 1058 1058 1057 1058 |
| SNDO sells amount (SEK mn) 5 000 5 000 5 000 5 000 |
| SNDO sells loan 1059 1059 1059 1059 |
-----------------------------------------------------------------------------------
The new bond was announced in the publication Central Government Borrowing -
Forecast and Analysis 2015:1 in February.

The bid yield on the buy-back loan will be published on riksgalden.se at 10:45
on the day of the auction.

Bids must be placed before 11:00 on the day of the auction. The result will be
published around 11:03 or somewhat later. Bidding is only possible 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 sales volume multiplied by the
modified duration of each bond shall be equal.
[2]The stated nominal volume of loan 1057 and loan 1058 is an approximation
calculated on the basis of today's yields.

---------------------------------------

This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Riksgälden via Globenewswire

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