Swedish central government payments gave a surplus in September

7 October 2011 - Press release

Swedish central government payments resulted in a surplus of SEK 1.7 billion in September, which is SEK 10.5 billion higher than The Debt Office's latest forecast. The difference is explained by lower interest payments and net lending than expected.

Tax income and disbursements by central government developed in line with forecast.

Interest payments on central government debt were SEK 5.2 billion lower than calculated. This is mainly explained by lower capital losses than forecasted due to lower interest than anticipated for buy-backs of krona inflation-linked bonds.

The Debt Office's net lending was SEK 5.3 billion lower than forecasted. This is mainly due to decreased lending to the Riksbank. In September a euro loan of 3 billion matured and was replaced with loans amounting to 2 billion euro. Part of the effect of decreased lending of 1 billion euro in September was counteracted by increased lending in July.

For the twelve-month period up to the end of September 2011, central government payments resulted in a surplus of SEK 49 billion. Central government debt amounted to SEK 1,024 billion at the end of September.

The outcome for October will be published at 9:30 am on 7 November 2011.

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


Table of the net borrowing requirement and central government debt