Swedish central bank gets smaller-than-requested cash injection

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 The Swedish parliament’s finance committee has proposed that the central bank receive a capital injection of 25 billion crowns ($2.40 billion), less than requested by the board, the Riksbank said on Thursday.
The central bank in April asked parliament for a capital injection of 43.7 billion crowns following a fall in the value of bonds bought between 2015 and 2021.
Parliament’s committee also proposed legislation that would strengthen the Riksbank’s possibilities for self-financing, the central bank said in a statement on Thursday.
“The Riksbank’s assessment is that equity should be restored to the statutory base level and that long-term self-financing must be secured,” it said.
“The current proposal for a capital injection of 25 billion crowns is a first step in line with our request,” it added.

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