May 15, 2020 / 2:16 PM / 20 days ago

Swedish c.bank to buy SEK 15 bln of municipal bonds in July-Sept

STOCKHOLM, May 15 (Reuters) - Sweden’s central bank said on Friday it will purchase municipal bonds for 15 billion crowns ($1.53 billion) in July through September as it continued on a raft of measures aimed to cushion the economic blow of the coronavirus crisis.

The purchases are part of the Riksbank’s programme for buying as much as 300 billion crowns worth of a variety of bonds this year.

$1 = 9.8309 Swedish crowns Reporting by Niklas Pollard; editing by Helena Soderpalm

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