Surplus for Swedish central government in November

6 December 2013 - Press release

Swedish central government payments resulted in a surplus of SEK 13.0 billion in November, which was SEK 7.2 billion higher than the Debt Office’s forecast from October. This is mainly explained by higher tax income and lower on-lending to the Riksbank.

The net of government agencies' current payments were SEK 5.0 billion higher than forecast. The main part of the deviation is explained by tax income being SEK 3.5 billion higher than forecast.

The Debt Office's net lending to government agencies was SEK 2.2 billion lower than forecast. This is mainly explained by lower on-lending to the Riksbank since loans that matured in November were not completely refinanced.

Interest payments on central government debt developed in line with forecast.

For the twelve-month period up to the end of November 2013, central government payments resulted in a deficit of SEK 114.3 billion.

Central government debt amounted to SEK 1,217 billion at the end of November.

The outcome for December will be published on 10 January 2014, at 9:30 am.

Further information can be obtained from:
Johan Sandberg, +46 8 613 47 37

Sweden's Central Government Debt November 2013

 

Central Government Net Borrowing
Requirement (SEK million)

November
2012

November
2013

12-month

Net borrowing requirement

-8 171

-12 998

114 300

  Primary borrowing requirement

-8 557

-13 593

100 071

  Interest payments

386

595

14 228

  - Interest on loans in SEK

295

894

24 261

  - Interest on loans in foreign currency

420

182

850

  - Realised currency gains and losses

-330

-481

-10 883