Deficit for Swedish central government in June

7 July 2015 - Press release

Swedish central government payments resulted in a deficit of SEK 33.5 billion in June. The Debt Office’s forecast was a deficit of SEK 33.0 billion.

The central government's primary borrowing requirement, excluding net lending, was SEK 1.1 billion lower than forecast. That is because tax income was SEK 2 billion higher than calculated, but it was partially offset by slightly higher disbursements from central government agencies.

The Debt Office's net lending to government agencies was SEK 2.0 billion higher than calculated, which is mainly due to lower deposits from the Swedish Pensions Agency.

Interest payments on central government debt amounted to SEK 1.3 billion, which was SEK 0.5 billion lower than forecast.

For the twelve-month period up to the end of June 2015, central government payments resulted in a deficit of SEK 79.4 billion.

Central government debt amounted to SEK 1,383 billion at the end of June 2015.

The outcome for July will be published on 7 August 2015, at 9:30 am.

Further information can be obtained from:
Tord Arvidsson, +46 8 613 47 53

Central government net borrowing requirement (SEK million)
  Outcome
June
Forecast June Deviation June Acc.
dev. 1)
Outcome
12-mth
Net borrowing requirement  33 452 33 010 442 442 79 408
Primary borrowing requirement excl. net lending 34 233 35 293 -1 060 -1 060 41 183
Net lending to agencies etc. -2 073 -4 063 1 990 1 990 21 019
Interest payments on central government debt 1 291 1 780 -489 -489 17 206
  - Interest on loans in SEK 1 364 1 655 -291 -291 3 929
  - Interest on loans in foreign currency -51 48 -99 -99 84
  - Realised currency gains and losses -21 77 -98 -98 13 193
1) Sum of monthly forecast deviations since the latest forecast (June 2015).

Sweden's Central Government Debt June 2015

General and detailed information on central government borrowing and debt is reported on the Debt Office's website: https://www.riksgalden.se/en/For-investors/Borrowing-and-the-government-debt/