UPDATE 1-Swedish central bank begins buying corporate debt under COVID measures – Reuters

UPDATE 1-Swedish central bank begins buying corporate debt under COVID measures – Reuters

* Riksbank announces start date for corporate bond purchases

* Will purchase SEK 10 billion between September 2020 and June 2021

* Will purchase assets rated Baa3 / BBB- or higher (add context, other bank comments)

STOCKHOLM, September 1 (Reuters) – The Swedish central bank will buy corporate bonds for the first time later this month as part of its quantitative easing program to keep market…

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