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RIKSBANK: Updated Equity Injection Request At SEK25

RIKSBANK

The Riksbank has submitted an updated request for a capital injection from the Riksdag of SEK25bln. See press release here.

The original request submitted to the Riksdag in March looked for an injection of SEK43.7bln, though this petition also noted that "an alternative could be to divide the restoration over two years so that the Riksbank's equity is restored in 2025 to the base level applicable at that time. This would provide a more solid foundation for the Riksbank to build up equity to the target level in the long term".

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The Riksbank has submitted an updated request for a capital injection from the Riksdag of SEK25bln. See press release here.

The original request submitted to the Riksdag in March looked for an injection of SEK43.7bln, though this petition also noted that "an alternative could be to divide the restoration over two years so that the Riksbank's equity is restored in 2025 to the base level applicable at that time. This would provide a more solid foundation for the Riksbank to build up equity to the target level in the long term".

Keep reading...Show less