About government borrowing rate

The government borrowing rate consists of the average market rate on government bonds with a remaining maturity of at least five years. This is to reflect the risk-free long-term market rate.

Government borrowing rate – a weighted average

As from 1 January 2004, the government borrowing rate is calculated as a weighted average. This means that we take into consideration the size of the bond loan when we weigh together interest rate notations. A bond loan with a large volume affects the government borrowing rate more than a loan with a smaller volume.

Previously, the government borrowing rate was calculated as an unweighted average. In other words, all bond loans affected the government borrowing rate equally much regardless of the size of the loan. The new method of calculation means that the government borrowing rate better reflects the current market rate.

Government borrowing rate 0.49 per cent on November 30, 2017

For further information about when this rate is to be used, please contact the Tax AgencyThe web page of the Swedish Tax Agency (opens in new window)..

Average government borrowing rate

The average government borrowing rate is is set annually by the Tax Agency. For further information about the average government borrowing rate and when it is to be used, please contact the Tax AgencyThe web page of the Swedish Tax Agency (opens in new window)..