October 6, 2016 / 8:21 AM / a year ago

Swedish cbank buys government bonds for 1.5 bln SEK

STOCKHOLM, Oct 6 (Reuters) - Sweden’s central bank bought 1.5 billion crowns ($174.6 million) worth of government bonds in a reverse auction as part of its quantitative easing programme, it said on Thursday.

It bought 750 million crowns of 2020 bonds at an average yield of -0.518 percent and the same amount of 2022 bonds at 0.002 percent.

$1 = 8.5902 Swedish crowns Reporting by Stockholm Newsroom, editing by Anna Ringstrom

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