23 February 2017 - The Swedish National Debt Office (SNDO) is today presenting the framework for the Minimum Requirement for Own Funds and Eligible Liabilities (MREL) for banks and some other financial institutions. The framework makes it clear that the costs of a crisis will be borne by the bank’s shareholders and certain types of lenders, and not by the taxpayer. Banks that are important for stability in the financial system now need to replace a portion of their existing bond issuance with subordinated bonds. SNDO decides that subordinated bonds should be used to resolve a crisis in a bank (correction)
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Government debt as share of GDP2015-12-31
1 326 088 449 153 SEK
44 988 351 029 SEK
Guarantees & lending2017-01-31
950 000 SEK
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