Skip to content To submenu navigation

Markets

The Riksbank uses the financial markets to implement monetary policy and maintain financial stability. This can mean, for example, that the Riksbank allows counterparties to borrow or deposit money with the Riksbank.

The current policy rate

2.25%
Applies from 26 March 2025
Graph and table

Reference rate

3.00%
Applies for the period 1 January - 30 June 2025
Reference rate

SWESTR 16/04/2025

2.136%
  • Volume79,383 MSEK
  • Number of transactions196
  • Number of agents5
  • Rate at upper trimming boundary2.15 %
  • Rate at lower trimming boundary2.10 %
  • Calculation methodNormal
Calculation method

Published: 17/04/2025 09:00

What do the values ​​mean?

Interest rate 

SWESTR (Swedish krona Short Term Rate) is always expressed to three decimal places. Read more on the page Calculation method and transaction dataset for SWESTR.

Value day for the interest rate

SWESTR is calculated on the basis of the previous banking day’s transactions and is therefore presented with a time lag of one day. The value day is the day the rate value refers to.

Publication day

SWESTR is published at 09.00 every banking day. If transaction data is received or validated late, the Riksbank has the possibility of updating the value at 12.00 on the same day, at which point it will become the new official value. However, an update of the interest rate listing will only be made if the deviation between the interest rate published at 09.00 and the new calculated interest rate exceeds two basis points.

Volume

The total transaction volume on which the calculation of SWESTR is based.

Number of transactions

Number of underlying transactions used for the calculation of SWESTR.

Number of reporting agents

Number of reporting agents that have contributed transaction data for the calculation of SWESTR.

Upper trimming boundary

Interest rate at the upper trimming boundary, which corresponds to the volume-weighted percentile 87.5 of the transaction dataset before trimming

Lower trimming boundary

Interest rate at the lower trimming boundary, which corresponds to the volume-weighted percentile 12.5 of the transaction dataset before trimming.

Calculation method

When the transaction dataset does not fulfil one or more robustness requirements, or in the case of technical problems, SWESTR will be calculated in an alternative manner. If this is the case, the reason for the alternative calculation method will be presented.

1. Insufficient number of reporters
2. Insufficient volume
3. Excessive volume share
4. Technical problems

News about markets

More news about markets
Purple background with a pattern of exchange signs. Text "Exchange rates"

Search interest rates & exchange rates

Via the Riksbank's "Search interest rates and exchange rates" service, you can search for exchange-rate and interest-rate values.

Search interest rates & exchange rates
Swestr

SWESTR

SWESTR - transaction-based reference rate calculated and published by the Riksbank.

Read more and search SWESTR data
Image symbolizing an interest rate curve

Policy rate, deposit and lending rate

See the current policy rate, deposit and lending rates and history.

Policy rate, deposit and lending rate
Calendar

Auction calendar

Announcement and auction dates for the Riksbank's sales of government bonds.

Auction calendar - sales of government bonds

Statistics

Financial market statistics, securities statistics, turnover statistics and more.

Read more under the heading Statistics
Cover Monetary Policy report and update

Current monetary policy and the policy rate

Read about the latest monetary policy decision.

Monetary policy decisions