Surplus for Swedish central government in July

5 August 2016 - Press release

Swedish central government payments resulted in a surplus of SEK 3.7 billion in July. The Debt Office’s forecast was a deficit of SEK 1.7 billion. The difference is mainly due to larger tax income.

The outcome of the Debt Office's net lending was SEK –3.9 billion and interest payments on central government debt amounted to SEK –0.2 billion, which was in line with forecast.

For the twelve-month period up to the end of July 2016, central government payments resulted in a surplus of SEK 56 billion.

Central government debt amounted to SEK 1,311 billion at the end of July.

The outcome for August will be published on 7 September at 9.30 a.m.

Contact

Göran Robertsson, Head of Analysis, +46 (0)8 613 46 06

Jonna Engwall, Communications Officer, +46 (0)8 613 45 57

Central government net borrowing requirement¹ (SEK million)
  Outcome July Forecast July Deviation July Acc.    Dev2 Outcome 12-month
Net borrowing requirement  -3 725 1 738 -5 463 -7 226 -55 948
Primary borrowing requirement excl. net lending3 351 5 849 -5 498 -7 607 -65 351
Net lending to agencies etc. -3 851 -3 922 71 486 -2 997
Interest payments on central government debt -225 -189 -36 -105 12 400
  - Interest on loans in SEK 426 608 -182 -157 13 298
  - Interest on loans in foreign currency -39 -33 -6 47 219
  - Realised currency gains and losses -612 -764 152 5 -1 117
1 The net borrowing requirement corresponds to the budget balance with opposite sign.
2 Sum of monthly forecast deviations since last forecast (June 2016).
3 Net of the state's primary income and expenditure excluding net lending to agencies.    

Sweden's central government debt July 2016, pdf 

More data on the borrowing requirement and government debt

The monthly outcome of the central government net borrowing requirement is included in the official statistics of Sweden.