Surplus for Swedish central government in February

6 March 2015 - Press release

Swedish central government payments resulted in a surplus of SEK 37.1 billion in February. The surplus was thus SEK 2.2 billion lower than the Debt Office’s forecast of SEK 39.3 billion. The difference is mainly explained by somewhat lower tax income and higher net lending to government agencies.

The central government’s primary borrowing requirement, excluding net lending, was SEK 0.7 billion higher than forecast. Tax income was SEK 1 billion lower than calculated.  

The Debt Office's net lending to government agencies was SEK 0.9 billion higher than forecast. This is mainly due to reduced deposits from the Nuclear Waste Fund.

Interest payments on central government debt were SEK 0.6 billion higher than calculated.

For the twelve-month period up to the end of February 2015, central government payments resulted in a deficit of SEK 63.4 billion.

Central government debt amounted to SEK 1,366 billion at the end of February 2015.

The outcome for March will be published on 9 April 2015, at 9:30 am.  

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

Central government net borrowing requirement (SEK million)
  Outcome
Feb
Forecast Feb Deviation Feb Acc.
dev. 1)
Outcome
12-mth
Net borrowing requirement -37 140 -39 332 2 192 2 192 63 357
Primary borrowing requirement excl. net lending -36 551 -37 277 726 726 40 270
Net lending to agencies etc. -675 -1 552 877 877 16 908
Interest payments on central government debt 86 -503 589 589 6 180
  - Interest on loans in SEK -2 500 -3 205 705 705 5 080
  - Interest on loans in foreign currency 48 64 -17 -17 1 584
  - Realised currency gains and losses 2 538 2 638 -99 -99 -485
1) Sum of monthly forecast deviations since the lastest forecast (February 2015)

Sweden's central government debt February 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/