Barclays post-Riksbank announcement........>

RIKSBANK: Barclays post-Riksbank announcement view.

- Barclays notes that "the year-end buying spree looks like a preemptive move,

backed by the bank's determination to stimulate, even dipping its toes deeper

into relatively opaque markets."

- However, it notes that there will be a limits to the SEK sell-off due to the

"limited additional purchases in SGBs by the Riksbank, and the relatively large

market size of municipalities, Kommuninvest and mortgage bonds"

- Barclays continues "to believe the bank will be reluctant to revert to

negative rates, view QE as the new normal/main monetary policy tool amid low

interest rates, and point to fiscal policy for major stimulus given ample fiscal

space."