Surplus for Swedish central government in July

7 August 2015 - Press release

Swedish central government payments resulted in a surplus of SEK 0.3 billion in July. The Debt Office’s forecast was a deficit of SEK 5.0 billion.

The central government’s primary borrowing requirement, excluding net lending, was SEK 6.9 billion lower than forecast. The difference is explained by tax income being higher than estimated.

The Debt Office's net lending to government agencies was SEK 1.3 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 0.7 billion, which was SEK 0.2 billion higher than forecast.

For the twelve-month period up to the end of July 2015, central government payments resulted in a deficit of SEK 75.3 billion.

Central government debt amounted to SEK 1,381 billion at the end of July 2015.

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

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

Central government net borrowing requirement (SEK million)
  Outcome July Forecast July Deviation July Acc. dev1 Outcome 12-month
Net borrowing requirement  -295 5 044 -5 339 -4 897 75 342
Primary borrowing requirement excl. net lending 1 513 8 373 -6 860 -7 920 34 983
Net lending to agencies etc. -2 540 -3 813 1 273 3 263 23 865
Interest payments on central government debt 732 484 248 -240 16 495
  - Interest on loans in SEK 640 586 54 -237 3 869
  - Interest on loans in foreign currency -153 14 -167 -266 -167
  - Realised currency gains and losses 246 -116 362 263 12 793
1 Sum of monthly forecast deviations since the latest forecast (June 2015).

 Sweden's Central Government Debt July 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/