Pressreleases and news

Deficit for Swedish central government in June 2020

Press release 7 July 2020 Central Government Borrowing, Government Debt

Swedish central government payments resulted in a deficit of SEK 56.5 billion in June. The Debt Office's forecast was a deficit of SEK 70.5 billion. The deviation is largely due to higher tax income than forecasted.

Swedish sovereign green bond to be issued in August 2020

Press release 5 June 2020 About the Debt Office, Central Government Borrowing

The Swedish National Debt Office is preparing to issue a green bond in August and estimates the issuance volume to be about SEK 20 billion. The proceeds will be linked to central government expenditures that go towards meeting Sweden’s environmental and climate objectives.

Surplus for Swedish central government in May 2020

Press release 5 June 2020 Report – Central Government Borrowing, Government Debt

Swedish central government payments resulted in a surplus of SEK 10.2 billion in May. The Debt Office's forecast was a deficit of SEK 17.4 billion. The deviation is mainly due to higher tax income than expected.

Debt Office extends eligibility period for government guarantee programme for companies

Press release 4 June 2020 Guarantees and Lending, Covid-19

The Swedish National Debt office is providing loan guarantees for companies that have been impacted financially by the coronavirus crisis. The Debt Office assesses there to be a continued need for the guarantee programme and is therefore extending the period for being eligible to receive a...

The compliance of banks with MREL requirements – Q1 2020

News 28 May 2020 Financial stability

At the end of the first quarter, all banks complied with the minimum requirements for own funds and eligible liabilities (MREL requirements) set by the Swedish National Debt Office. This is presented in the Debt Office’s latest quarterly report published today.

Swedish government debt grows as virus effects hit budget

Press release 19 May 2020 Report – Central Government Borrowing, Central Government Borrowing, Covid-19

There has been a rapid and sharp slowdown in the Swedish economy due to the coronavirus, and the recovery will take time. The downturn in the economy and the support measures taken lead to a large deficit in the central government budget and to increased government debt.

Deficit for Swedish central government in april 2020

Press release 8 May 2020 Central Government Borrowing, Government Debt

Swedish central government payments resulted in a deficit of SEK 38.9 billion in April. The Debt Office's forecast was a deficit of SEK 6.8 billion. The deviation is mainly due to lower tax income than expected and payments for short-time work allowances. The deficit was counterbalanced by a...

Sweden provides guarantee for SAS AB

Press release 5 May 2020 Guarantees and Lending, Covid-19

The Swedish National Debt Office has now issued a credit guarantee of SEK 1.5 billion to SAS AB. The guarantee is a joint action in which the Danish state undertakes an equal guarantee commitment.

Consultation response: Sweden should postpone decision to enter banking union

News 24 April 2020 Financial stability, About the Debt Office

The Swedish National Debt Office’s opinion is that Sweden should hold off on joining the banking union, as participation in the near future risks leading to transfer payments from Sweden for the crisis management of banks within the banking union. The fact that the banking union is not yet complete...

Deficit for Swedish central government in March 2020

Press release 7 April 2020 Central Government Borrowing, Government Debt

Swedish central government payments resulted in a deficit of SEK 42.1 billion in March. The Debt Office's forecast was a deficit of SEK 12.0 billion. The deviation is mainly due to the fact that foreign currency loans to the Riksbank were refinanced earlier than expected and loans to Swedish Export...

Debt Office extends phase-in for subordination of liabilities to support credit supply

News 7 April 2020 Financial stability, Covid-19

The Swedish National Debt Office has decided, effective immediately, to extend the phase-in period for the banks to meet MREL with own funds and subordinated liabilities to 2024 (from 2022). The measure is being taken to facilitate the banks’ ability to support the credit supply to businesses and...

Government guarantee programme for companies now accepting applications

Press release 3 April 2020 Financial stability, Guarantees and Lending, Covid-19

To mitigate the economic impact of the coronavirus pandemic, the Government has set up a programme for emergency economic relief that involves state guarantees for loans to companies affected by the virus outbreak. Banks now have the opportunity to participate in the guarantee programme.

The Debt Office prepares guarantee programme for Swedish companies

Press release 27 March 2020 Financial stability, Guarantees and Lending, Covid-19

The Government is authorising the Swedish National Debt Office to establish state credit guarantees for companies in Sweden that have been financially impacted by the coronavirus.

Sweden raises USD 2 billion at 0.753 % in two-year bond sale

Press release 24 March 2020 Central Government Borrowing

Kingdom of Sweden today raised USD 2 billion (approximately SEK 20.5 billion) at a yield of 0.753 per cent issuing a two-year benchmark. The bond sale is part of the Debt Office’s funding plan and the proceeds will be used to refinance loans to the Riksbank.

Debt Office receives mandate to prepare credit guarantee programme for Swedish airlines

Press release 17 March 2020 Financial stability, Guarantees and Lending, Covid-19

The Swedish National Debt Office has been tasked by the Government to take preparatory actions for issuing state credit guarantees for Swedish airlines. The guarantee programme is a measure for mitigating the economic impact of the new coronavirus.

Debt Office is well-prepared for financing crisis package

Press release 16 March 2020 Central Government Borrowing, Covid-19

The Swedish National Debt Office is well-prepared to meet the increased borrowing requirement resulting from the Government’s crisis package to mitigate the economic impact of the virus outbreak. The crisis package is funded initially by the Debt Office increasing short-term borrowing.

Surplus for Swedish central government in February 2020

Press release 6 March 2020 Central Government Borrowing, Government Debt

Swedish central government payments resulted in a surplus of SEK 58.9 billion in February. The Debt Office's forecast was a surplus of SEK 45.5 billion. Higher tax revenues than expected was the main reason behind the deviation between the forecast and outcome.

The Debt Office’s report on how banks are complying with MREL requirements – Q4 2019

News 5 March 2020 Financial stability

As of the end of the fourth quarter 2019, all banks complied with the requirements for own funds and eligible liabilities (MREL requirements) set by the Debt Office.

Central government debt continued to decline in 2019

News 21 February 2020 Central Government Borrowing, Government Debt

Today, the Swedish National Debt Office is submitting its basis for evaluation of debt management in 2019 to the Government. The year was characterised by a continued decline in the debt, still lower interest rates, strained liquidity in the government bond market and an increased focus on...

Terms for switches to new government bond SGB 1062

Press release 21 February 2020 Central Government Borrowing

The Swedish National Debt Office introduces a new ten-year government bond, SGB 1062, in March 2020. The Debt Office will issue SEK 2 billion in an initial auction and then offer switches to SGB 1062 for a total of SEK 4 billion.