Central government payments gave a surplus in April

6 May 2011 - Press release

Swedish central government payments resulted in a surplus of SEK 38.0 billion in April. The Debt Offices forecast was a surplus of SEK 20.9 billion. The difference is mainly explained by lower lending to the Riksbank due to maturing loans. The loans that matured were refinanced last month which then led the surplus being lower than expected.

In April the Swedish Government participated in TeliaSonera’s repurchasing program, which generated SEK 3.7 billion in divestments. Furthermore, a cashing of the retirement debt of the Civil Aviation Administration was carried out due to the conversion of the state enterprise into an independent subsidiary company. This led to revenues of SEK 1.8 billion.

The Debt Office’s net lending to authorities etc. was SEK 11.1 billion lower than calculated. This is mainly explained by decreased lending to the Riksbank of SEK 13 billion due to loans maturing. The decreased lending corresponds with the increased lending of SEK 12 billion in March.

For the twelve-month period up to the end of April 2011, central government payments resulted in a surplus of SEK 34 billion. Central government debt amounted to SEK 1,031 billion at the end of April.

The outcome for May will be published at 9:30 am on 9 June 2011.

Further information can be obtained from:
Sofia Olsson, phone +46 8 613 47 30

Table of central government net borrowing requirement and debtRead Table of central government net borrowing requirement and debt, pdf (opens in new window)