The Swedish National Debt Office said Thursday it will issue treasury bills of up to 150 billion kronor ($22.2 billion) to meet soaring demand for the low-risk securities.
The debt office said it took the decision to issue more treasury bills after consulting with the Swedish Central Bank. It said a first auction of the extra bills will take place on Friday and another one on Tuesday.
Demand for T-bills, which are seen as low-risk investments, has surged as a result of the turbulence in financial markets.
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