Pressreleases and news

Uneven decrease in market expectations of government support for systemically important banks

News 23 June 2021 Financial stability, About the Debt Office, Focus Report

An article in the Riksbank’s periodical The Economic Review (Swedish title: Penning- och valutapolitik) demonstrates a decline since 2012 in market expectations of government support for systemically important banks. Nevertheless, expectations that the state will intervene if a systemically...

Sweden raises SEK 10 billion at 1.386 % with 50-year bond

Press release 16 June 2021 About the Debt Office, Government borrowing rate, Government Debt

The Kingdom of Sweden raised SEK 10 billion at a yield of 1.386 per cent in the planned sale of a 50-year government bond. The new bond will be the longest outstanding loan in Sweden’s central government debt.

Government guarantee programme for companies extended until 30 September 2021

Press release 15 June 2021 Guarantees and Lending, Covid-19

The Swedish Government has decided to extend the Government guarantee programme for companies (Företagsakuten) ending 30 June, to 30 September 2021. The guarantee programme for companies is a credit guarantee scheme introduced in the spring of 2020 to mitigate the damage to the economy from the...

Credit guarantees for green investments

Press release 8 June 2021 About the Debt Office, Guarantees and Lending

The Government has given the Swedish National Debt Office a mandate to provide state credit guarantees for investment in green industry.

Surplus for Swedish central government in May 2021

Press release 7 June 2021 Central Government Borrowing, Government Debt

Swedish central government payments resulted in a surplus of SEK 36.9 billion in May, which was in line with the Debt Office's forecast. Central government tax income were slightly higher than expected, but at the same time payments were higher.

The compliance of banks with MREL requirements – Q1 2021

Press release 31 May 2021 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.

Strong economic recovery reduces central government borrowing requirement

Press release 27 May 2021 Central Government Borrowing

The Swedish economy is recovering increasingly faster after last year's drop resulting from the pandemic. The higher economic growth leads to increased income from taxes for the central government and thereby a stronger budget balance, lower borrowing requirement, and lower debt. The Debt Office is...

Deficit for Swedish central government in April 2021

Press release 7 May 2021 Central Government Borrowing, Government Debt

Swedish central government payments resulted in a deficit of SEK 16.9 billion in April. The Debt Office's forecast was a deficit of SEK 24.9 billion. Central government tax income were slightly higher than expected, while the Debt Office's net lending was lower.

Surplus for Swedish central government in March 2021

Press release 9 April 2021 Central Government Borrowing, Government Debt

Swedish central government payments resulted in a surplus of SEK 9.2 billion in March. The Debt Office's forecast was a deficit of SEK 22.1 billion. The higher than expected budget balance is in large part explained by payments of tax that should have taken place in February instead being made in...

Surplus for Swedish central government in February 2021

Press release 5 March 2021 Central Government Borrowing, Government Debt

Swedish central government payments resulted in a surplus of SEK 47.3 billion in February. The Debt Office's forecast was a surplus of SEK 53.1 billion. The lower surplus than expected is explained by delayed payments due to technical problems at a framework agreement bank.

The compliance of banks with MREL requirements – Q4 2020

News 2 March 2021 Financial stability

At the end of the fourth 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.

State finances are strengthened as Riksbank repays loans

Press release 24 February 2021 Central Government Borrowing

The recovery of the Swedish economy continues, after a temporary dip during the beginning of the year, thereby gradually strengthening central government finances. But other factors also have a major impact on the budget this year and in 2022. The pandemic remains at the forefront of the...

Terms for switches in inflation-linked bond SGB IL 3108

Press release 19 February 2021 Central Government Borrowing

The Swedish National Debt Office offers switch auctions in inflation-linked bond SGB IL 3108 with the aim of decreasing the outstanding volume to around SEK 25 billion before the bond’s time to maturity is shorter than one year. The switch auctions will be held on 19, 22 and 23 of March.

Increased government debt in 2020 amid pandemic

News 19 February 2021 Central Government Borrowing, Government Debt

The Swedish National Debt Office today submitted its basis for evaluation of debt management in 2020 to the Government. The year was dominated by the pandemic, which led to a large budget deficit and a rapid increase in central government borrowing. The Debt Office also issued a green bond for the...

Clarification regarding referral to Council on Legislation about changes to regulations for managing financial firms in crisis

News 18 February 2021 Financial stability

On 11 February 2021, the Swedish Government decided on a proposal referred to the Council on Legislation for consideration, concerning revisions to the regulations for managing financial firms in crisis. The Swedish National Debt Office is hereby making some clarifications in regard to what the...

Government guarantee programme for companies is extended to 30 June 2021

Press release 11 February 2021 Guarantees and Lending, Covid-19

The Swedish Government and the Riksdag have decided to extend the Government guarantee programme for companies. The programme is a credit guarantee scheme that was introduced to mitigate the damage to the economy from the coronavirus crisis.

Surplus for Swedish central government in January 2021

Press release 5 February 2021 Central Government Borrowing, Government Debt

Swedish central government payments resulted in a surplus of SEK 7.7 billion in January. The Debt Office's forecast was a deficit of SEK 10.6 billion.

Terms for switches in inflation-linked bond SGB IL 3108

Press release 15 January 2021 Central Government Borrowing

The Swedish National Debt Office offers switch auctions in inflation-linked bond SGB IL 3108 with the aim of decreasing the outstanding volume to around SEK 25 billion before the bond’s time to maturity is shorter than one year. The initial switch auctions will be held on 5 and 8 of February.

Central government deficit of SEK 221 billion in 2020

Press release 12 January 2021 Central Government Borrowing, Government Debt

Swedish central government payments, as well as the central government budget balance, resulted in a deficit of SEK 221 billion in 2020. The Debt Office's forecast from October was a deficit of SEK 256 billion.

Debt Office provides guarantee for Braathens Regional Airways

Press release 31 December 2020 Guarantees and Lending, Covid-19

The Swedish National Debt Office has issued a credit guarantee for a loan of SEK 200 million to the airline Braathens Regional Airways AB. The guarantee is being granted under the state guarantee programme for airlines that was introduced to mitigate the economic impact of the coronavirus pandemic.

Annual decisions made on planning for crisis management of Swedish banks

Press release 21 December 2020 Financial stability

Nine Swedish banks conduct systemically important operations and therefore must be managed through a particular procedure, resolution, in the event of a crisis. This assessment is made by the Swedish National Debt Office in the resolution plans on which it has now decided.

Debt Office is prepared for extended Government guarantee programme for companies

Press release 17 December 2020 Guarantees and Lending, Covid-19

The Swedish Government has proposed to extend the state credit guarantee scheme known as the Government guarantee programme for companies so that guarantees can be issued up to and including 30 June 2021. The programme is administered by the Swedish National Debt Office and is part of the measures...

Surplus for Swedish central government in November 2020

Press release 6 December 2020 Central Government Borrowing, Government Debt

Swedish central government payments resulted in a surplus of SEK 40.4 billion in November. The Debt Office's forecast was a surplus of SEK 20.5 billion. The difference is due to lower disbursements and higher tax income than expected.

The compliance of banks with MREL requirements – Q3 2020

News 30 November 2020 Financial stability

At the end of the third 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.

Debt Office receives mandate to make preparations for issuing green state credit guarantees

News 24 November 2020 Guarantees and Lending

In conjunction with its presentation of the Budget Bill for 2021, the Swedish Government proposed state credit guarantees for green investments. The state guarantees are intended to enable more large-scale industrial investment projects in Sweden that contribute to achieving the goals of the...

Planned website maintenance

News 20 November 2020 About the Debt Office, Press and media

Saturday 21 November at 9 a.m. to 3 p.m., we will perform technical maintenance on the Debt Office's website. During that time the website will not be available. We apologise for any inconvenience this may cause.

Terms for switches to new government bond SGB 1063

Press release 20 November 2020 Central Government Borrowing

The Swedish National Debt Office will offer switches to the new 25-year government bond SGB 1063 from SGB 1053 to build up the outstanding volume. The switch auction will be held on 11th of December 2020.

Sweden borrows SEK 13 billion for 25 years at 0.53 % yield

Press release 18 November 2020 Central Government Borrowing

The Swedish National Debt Office raised SEK 13 billion at a yield of 0.53 per cent in the planned sale of a new 25-year government bond. The new bond has the longest maturity of the loans that make up Sweden’s central government debt.

Unchanged guidelines for government debt management

News 12 November 2020 Central Government Borrowing, Government Debt

Today the Government adopted guidelines for the management of the central government debt. No changes are made in the guidelines decision for 2021 compared with the preceding year.

Deficit for Swedish central government in October 2020

Press release 6 November 2020 Central Government Borrowing, Government Debt

Swedish central government payments resulted in a deficit of SEK 36.0 billion in October. The Debt Office's forecast was a deficit of SEK 45.6 billion. The deviation is largely due to higher tax income than forecasted.

State credit guarantee to SAS AB now terminated

News 30 October 2020 Guarantees and Lending, Covid-19

SAS AB has repaid and terminated the loan that was guaranteed by the Swedish National Debt Office under the guarantee programme for airlines affected financially by the coronavirus pandemic. The SEK 1.5 billion credit guarantee issued by the Debt Office has thereby been terminated as of 29 October...

Mårten Bjellerup is Debt Office’s new Chief Economist

Press release 23 October 2020 About the Debt Office

The Swedish National Debt Office has appointed Mårten Bjellerup as the new Chief Economist and Head of Economic Analysis, effective immediately.

Recovery mitigates pandemic’s impact on central government finances

Press release 21 October 2020 Central Government Borrowing

The Swedish economy is recovering after the historically large fall in GDP in the second quarter of 2020. This helps to support central government finances, reduce the borrowing requirement compared with the previous forecast and dampen the debt increase resulting from the pandemic.

Anna Sjulander is new Head of Debt Management

Press release 20 October 2020 About the Debt Office, Central Government Borrowing, Government Debt

The Swedish National Debt Office has appointed Anna Sjulander as the new head of the Debt Management department, effective immediately.

Deficit for Swedish central government in September 2020

Press release 7 October 2020 Central Government Borrowing, Government Debt

Swedish central government payments resulted in a deficit of SEK 13.1 billion in September. The Debt Office's forecast was a deficit of SEK 37.6 billion. The difference is due to, among other things, tax income being higher than forecasted and the fact that the reorientation support for companies...

Sweden raises USD 2.5 billion at 0.242 % in two-year bond sale

Press release 6 October 2020 Central Government Borrowing

Kingdom of Sweden today raised USD 2.5 billion (approximately SEK 22.2 billion) at a yield of 0.242 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 proposes unchanged guidelines for central government debt management

Press release 30 September 2020 Central Government Borrowing, Government Debt

The Swedish National Debt Office proposes no significant revisions to the guidelines for managing the central government debt ahead of 2021. The changes made in recent years have led to a more comprehensive approach to guiding the debt management, which provides flexibility for meeting both a...

Government guarantee programme for companies is extended to 31 December 2020

Press release 24 September 2020 Guarantees and Lending, Covid-19

The Swedish Government has decided to extend the government guarantee programme for companies. The programme is a credit guarantee scheme that was introduced to mitigate the damage to the economy from the coronavirus crisis.

Surplus for Swedish central government in August 2020

Press release 7 September 2020 Central Government Borrowing, Government Debt

Swedish central government payments resulted in a surplus of SEK 19.8 billion in August. The Debt Office's forecast was a deficit of SEK 26.7 billion. The difference is due to, among other things, tax income being higher than calculated and the fact that the turn over loss support to companies has...

Sweden’s sovereign green bond sale meets strong demand

Press release 1 September 2020 Central Government Borrowing

The Swedish National Debt Office today raised SEK 20 billion through its first-ever sale of a sovereign green bond. The proceeds will be linked to budget expenditures that contribute to achieving Sweden’s environmental and climate objectives.

The compliance of banks with MREL requirements – Q2 2020

News 27 August 2020 Financial stability

At the end of the second 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.

Sweden presents sovereign green bond ahead of issuance

News 24 August 2020 Central Government Borrowing

The Swedish National Debt Office is publishing the investor presentation of its sovereign green bond today ahead of the upcoming issue of approximately SEK 20 billion. The proceeds from the green bond will be linked to expenditures that contribute to achieving Sweden’s environmental and climate...

Norwegian Air Sweden AB has application for credit guarantee denied

Press release 18 August 2020 Guarantees and Lending, Covid-19

The Swedish National Debt Office has decided to reject the application by airline company Norwegian Air Sweden AB for a state credit guarantee under the guarantee programme for airlines.

The Debt Office's support measures to mitigate the economic impact of the coronavirus

News 18 August 2020 Guarantees and Lending, Covid-19

To mitigate the economic impact of the COVID-19 pandemic, the Swedish National Debt Office has been mandated to provide state credit guarantees within two guarantee schemes: the Government guarantee programme for companies, under which SEK 2.1 billion had been lent up to 31 July in 539 loans, and...

Deficit for Swedish central government in July 2020

Press release 7 August 2020 Central Government Borrowing, Government Debt

Swedish central government payments resulted in a deficit of SEK 34.4 billion in July. The Debt Office's forecast was a deficit of SEK 58.7 billion. The deviation is largely due to higher tax income than forecasted.

Sweden indicates maturity range of 7–10 years for green bond

Press release 14 July 2020 Central Government Borrowing, Government Debt

The Swedish National Debt Office intends to choose a maturity within the range of seven to ten years for its green bond scheduled for issuance in August. A group of banks has been mandated to explore investor interest and then execute the sale of approximately SEK 20 billion.

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...