Surplus for Swedish central government in May

5 June 2015 - Press release

Swedish central government payments resulted in a surplus of SEK 20.3 billion in May. The Debt Office’s forecast was a surplus of SEK 16.4 billion. The difference is mainly due to higher tax income.

The central government’s primary borrowing requirement, excluding net lending, was SEK 5.2 billion lower than forecast. This is mainly explained by higher tax income than calculated.

The Debt Office's net lending to government agencies was SEK 1.4 billion higher than forecast, which is mainly due to lower deposits from the Swedish Pensions Agency.

Interest payments on central government debt amounted to SEK 4.0 billion, which was SEK 0.1 billion lower than forecast.

For the twelve-month period up to the end of May 2015, central government payments resulted in a deficit of SEK 75.1 billion.

Central government debt amounted to SEK 1,364 billion at the end of May 2015.

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

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

Central government net borrowing requirement (SEK million)
  Outcome
May
Forecast May Deviation May Acc.
dev. 1)
Outcome
12-mth
Net borrowing requirement -20 269 -16 365 -3 904 3 517 75 065
Primary borrowing requirement excl. net lending -29 366 -24 188 -5 178 -384 39 364
Net lending to agencies etc. 5 116 3 701 1 415 6 049 18 358
Interest payments on central government debt 3 981 4 122 -141 -2 148 17 344
  - Interest on loans in SEK 2 739 3 808 -1 069 -3 734 3 322
  - Interest on loans in foreign currency 263 150 113 -524 628
  - Realised currency gains and losses 979 165 815 2 109 13 394
1) Sum of monthly forecast deviations since last forecast (February 2015)

Sweden's Central Government Debt May 2015, pdf

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/