Surplus for Swedish central government in May

10 June 2013 - Press release

Swedish central government payments resulted in a surplus of SEK 22.7 billion in May. This was SEK 4.8 billion lower than the Debt Office’s forecast. The difference is largely due to the Debt Office's net lending being higher than forecast.

Most of the deviation in the Debt Office's net lending is due to the Swedish Pensions Agency disbursing SEK 3.7 billion to pension savers concerning rebates on management fees and inheritance gains. In addition, the Nuclear Waste Fund reduced its deposits in the Debt Office.

Interest payments on central government debt amounted to SEK 3.4 billion, which was in line with the forecast.

For the twelve-month period up to the end of May 2013, central government payments resulted in a deficit of SEK 154.7 billion.

Central government debt amounted to SEK 1,211 billion at the end of May.

The outcome for June will be published on 5 July 2013, at 9:30 am.

New forecasts for 2013 and 2014 will be published on 18 June, at 9:30 am.

Further information can be obtained from:
Håkan Carlsson, +46 8 613 47 33

Central government borrowing requirement (SEK million)
   May
2012
May
2013
12-month
Net borrowing requirement  -25 276 -22 720 154 700
  Primary borrowing requirement -30 834 -26 115 133 478
  Interest payments 5 558 3 395 21 223
  - Interest on loans in SEK 3 941 4 620 28 248
  - Interest on loans in foreign currency 609 263 1 134
  - Realised currency gains and losses 1 008 -1 488 -8 159

Sweden's Central Government Debt May 2013