I heard an interesting tale during my Riksbank visit, from Karolina Ekholm, Deputy Governor. She explained to me that in the immediate aftermath of the crisis, the Swedish debt management office were OVER-issuing government debt [ie selling more than they needed to finance the deficit] and using the proceeds to finance the acquisition of riskier, private sector assets. So they were doing
Share this post
We should have all copied the Swedish debt…
Share this post
I heard an interesting tale during my Riksbank visit, from Karolina Ekholm, Deputy Governor. She explained to me that in the immediate aftermath of the crisis, the Swedish debt management office were OVER-issuing government debt [ie selling more than they needed to finance the deficit] and using the proceeds to finance the acquisition of riskier, private sector assets. So they were doing