Sweden - Lending Rate

For Sweden, the Riksbank's key interest rates are those the bank sets for monetary policy purposes. They are the deposit rate, the lending rate and the repo rate. The most important rate is the repo rate.

• Measurement: Percent per annum (% p.a.)
• Adjustment: Not seasonally adjusted (NSA)
• Native frequency: Daily (7 days per week)
• Start date: As early as 1 June 1994

As of June 1994 the Riksbank’s key interest rates are:

• The repo rate
• The rate of interest at which banks can borrow or deposit funds at the Riksbank for a period of seven days. The repo rate is the Riksbank's most important key rate.
• The deposit rate
• The rate of interest banks receive when they deposit funds in their accounts at the Riksbank overnight and is normally 0.75 percentage points lower than the repo rate. The deposit rate is the floor of what is known as the interest rate corridor and is one of the Riksbank's three key rates.
• The lending rate
• The rate of interest banks pay when they borrow overnight funds from the Riksbank and is always 0.75 percentage points higher than the repo rate. The lending rate is known as the ceiling of the interest rate corridor and is one of the Riksbank's three key rates.

Yes, but rarely.

Further reading

At the source:

• What is the policy rate?
• How monetary policy affects inflation
• Policy rate, deposit and lending rate

• 25 Jan 2023, Phillip Thorne - Properties, Further reading