enhttps://www.riksgalden.se/en/press-and-publications/press-releases-and-news/newslists/newslist-all-published/60Optimizely 12 CMS - LFPChttps://www.riksgalden.se/en/press-and-publications/press-releases-and-news/press-releases/2026/debt-office-proposes-clearer-steering-of-term-to-maturity/Pursuant to the Budget Act, the Government shall decide on the guidelines by 15 November. Prior to the decision, the Riksbank is also given the opportunity to deliver an opinion on the Debt Office’s proposal. The guidelines govern matters including the composition of the debt, and its term to maturity. The guidelines also set out how debt management is to be evaluated. “The proposal entails replacing the former maturity interval with a target value and a deviation interval. This provides a clearer link between the Government’s guidelines for term to maturity and how we plan borrowing, but it does not imply any change to our borrowing strategy,” says Klas Granlund, Head of the Debt Management Department at the Debt Office. Target value in the middle of the former interval The Debt Office proposes that the target value for term to maturity be 4.75 years measured as average time to refixing, which is the same as the middle of the former interval. The deviation interval is chiefly to address varying borrowing requirements and forecasting uncertainties, enabling predictability in the bond supply. The Debt Office’s analysis justifies a deviation interval of ± 1.0 year (3.75–5.75 years), which is slightly narrower than the former interval. Altered mandates for position taking The Debt Office proposes that the guideliness on taking positions in foreign currencies and interest rates as well as in the krona exchange rate be removed. Since the strategic foreign-currency exposure of the central government debt is to be zero as of 2027, it is no longer justifiable to take currency positions in order to reduce the cost of the debt. However, according to the proposal, the Debt Office should retain a lesser mandate to take positions in foreign currencies and interest rates to contribute to good borrowing preparedness. Central government debt management – Proposed guidelines 2027https://www.riksgalden.se/en/press-and-publications/press-releases-and-news/press-releases/2026/debt-office-proposes-clearer-steering-of-term-to-maturity/Fri, 25 Sep 2026 09:30:31 GMTPress releaseCentral Government BorrowingGovernment Debthttps://www.riksgalden.se/en/press-and-publications/publications/guidelines/2026/central-government-debt-management--proposed-guidelines-2027/Report: Central government debt management – Proposed guidelines 2027https://www.riksgalden.se/en/press-and-publications/publications/guidelines/2026/central-government-debt-management--proposed-guidelines-2027/Fri, 25 Sep 2026 09:30:30 GMTPublicationGuidelinehttps://www.riksgalden.se/en/press-and-publications/publications/mrel/2026/minimum-requirement-for-own-funds-and-eligible-liabilities-mrel-compliance-q2-2026/Report: Minimum requirement for own funds and eligible liabilities (MREL) — Compliance Q2 2026https://www.riksgalden.se/en/press-and-publications/publications/mrel/2026/minimum-requirement-for-own-funds-and-eligible-liabilities-mrel-compliance-q2-2026/Wed, 09 Sep 2026 08:00:30 GMTPublicationReport – MRELhttps://www.riksgalden.se/en/press-and-publications/press-releases-and-news/press-releases/2026/compliance-with-the-minimum-requirements-for-own-funds-and-eligible-liabilities--q2-2026/The quarterly report also contains a section which describes the systemically important banks’ buffers against regulatory requirements. The purpose is to describe how much of the buffer of CET1 capital that is available to cover losses before the bank is in breach of a regulatory requirement or the Pillar 2 guidance. The report also demonstrates which regulatory requirement was the most restrictive at the end of the second quarter. The Debt Office makes decisions on MREL annually. Further information about MREL and its application for Swedish institutions is available in the Debt Office’s MREL policy and on the Debt Office’s website. The report Minimum requirement for own funds and eligible liabilities (MREL) – Compliance Q2 2026https://www.riksgalden.se/en/press-and-publications/press-releases-and-news/press-releases/2026/compliance-with-the-minimum-requirements-for-own-funds-and-eligible-liabilities--q2-2026/Wed, 09 Sep 2026 08:00:30 GMTPress releaseFinancial stabilityhttps://www.riksgalden.se/en/press-and-publications/publications/government-debt/20262/swedens-central-government-debt-august/Report: Sweden's Central Government Debt Augusthttps://www.riksgalden.se/en/press-and-publications/publications/government-debt/20262/swedens-central-government-debt-august/Mon, 07 Sep 2026 08:00:32 GMTPublicationReport – Government debt https://www.riksgalden.se/en/press-and-publications/press-releases-and-news/press-releases/2026/surplus-for-swedish-central-government-in-august-2026/7 September 2026: A correction has been added to the lead paragraph. The primary balance was SEK 2.9 billion lower than forecast. Tax incomes were approximately SEK 6 billion lower than calculated. The Debt Office's net lending to government agencies and others was SEK 38.3 billion lower than forecast. The difference is largely due to a payment to the Swedish Defence Materiel Administration (FMV). The payment relates to financing for 16 Gripen E fighter aircraft to Ukraine, where deliveries to FMV are planned to take place in 2029–2030. In addition, deposits from the Swedish Pensions Agency and Svenska Kraftnät, among others, were higher than expected, while the disbursement of the EU contribution was lower than calculated. Interest payments on central government debt were SEK 0.1 billion higher than forecast. For the twelve-month period up to the end of August 2026, central government payments resulted in a deficit of SEK 109.2 billion. Central government debt amounted to SEK 1,250 billion at the end of August. The outcome for September 2026 will be published on 7 October, 2026 at 8.00 a.m. The date for publishing a new forecast on the Swedish economy and central government borrowing is 26 November 2026.   Budget balance and central government net borrowing requirement [1] (SEK million)   Outcome Forecast Dev. Acc.    Dev. [2] Outcome 12-month Budget balance 61 935 26 619 35 316 13 784 -109 219 Net borrowing requirement -61 935 -26 619 -35 316 -13 784 109 219 Primary balance [3] -20 908 -23 803 2 895 34 689 121 191 Net lending to agencies etc. [4] -42 254 -3 925 -38 329 -47 144 -39 679 Interest payments on central government debt 1 227 1 110 117 -1 328 27 707   - Interest on loans in SEK 1 236 1 049 187 279 32 138   - Interest on loans in foreign currency -71 61 -132 -349 -849   - Realised currency gains and losses 62 0 62 -1 259 -3 582 [1] The net borrowing requirement corresponds to the budget balance with the opposite sign. [2] Sum of monthly forecast deviations since last forecast. [3] Net of the state's primary expenditure and income. [4] The net of government agencies etc. deposits and loans in the state’s internal bank. The net lending includes both current government operations and temporary occurrences that can be decided on short notice. The net lending affects the net borrowing requirement and central government debt, but is not covered by the Central government expenditure ceiling. Report: Sweden’s Central Government Debt August 2026 Official statistics on the central government net borrowing requirement and government debt The monthly outcome of the central government net borrowing requirement is included in the official statistics of Sweden. The Debt Office published its latest forecast on the Swedish economy and central government borrowing on 28 May 2026: Central Government Borrowing - Forecast and Analysis 2026:1.https://www.riksgalden.se/en/press-and-publications/press-releases-and-news/press-releases/2026/surplus-for-swedish-central-government-in-august-2026/Mon, 07 Sep 2026 08:00:32 GMTPress releaseCentral Government BorrowingGovernment Debthttps://www.riksgalden.se/en/press-and-publications/press-releases-and-news/press-releases/2026/deficit-for-swedish-central-government-in-july-2026/The primary balance was SEK 17.7 billion lower than the forecast. The difference is mainly due to an incoming payment from the EU's Recovery and Resilience Facility not being received in July as we had assumed in our most recent forecast from May. The payment is now expected to be made later this year and therefore does not affect the full-year forecast. The forecast for the incoming payment was close to SEK 15 billion. The payment is part of the support from the EU's joint effort to strengthen the recovery of member states after the pandemic and contribute to the green and digital transition. Disbursements from several agencies were also higher than forecast, which was offset by tax revenues being approximately SEK 8 billion higher than estimated. The Debt Office’s net lending to government agencies etc. was SEK 0.1 billion lower than forecast. Interest payments on central government debt were SEK 0.6 billion lower than forecast. For the twelve-month period up to the end of July 2026, central government payments resulted in a deficit of SEK 128.3 billion. Central government debt amounted to SEK 1,265 billion at the end of July. The outcome for August 2026 will be published on 7 September, 2026 at 8.00 a.m. The date for publishing a new forecast on the Swedish economy and central government borrowing is 26 November 2026. Budget balance and central government net borrowing requirement [1] (SEK million)   Outcome Forecast Deviation Acc.    Dev. [2] Outcome 12-month Budget balance -9 249 7 719 -16 968 -21 532 -128 289 Net borrowing requirement 9 249 -7 719 16 968 21 532 128 289 Primary balance [3] 17 126 -596 17 722 31 794 114 127 Net lending to agencies etc. [4] -6 341 -6 193 -148 -8 816 -13 559 Interest payments on central government debt -1 536 -930 -606 -1 446 27 721   - Interest on loans in SEK -1 414 -1 103 -311 92 31 617   - Interest on loans in foreign currency 126 34 92 -217 -679   - Realised currency gains and losses -247 139 -387 -1 321 -3 217 [1] The net borrowing requirement corresponds to the budget balance with the opposite sign. [2] Sum of monthly forecast deviations since last forecast. [3] Net of the state's primary expenditure and income. [4] The net of government agencies etc. deposits and loans in the state’s internal bank. The net lending includes both current government operations and temporary occurrences that can be decided on short notice. The net lending affects the net borrowing requirement and central government debt, but is not covered by the Central government expenditure ceiling. Report: Sweden’s Central Government Debt July 2026 Official statistics on the central government net borrowing requirement and government debt The monthly outcome of the central government net borrowing requirement is included in the official statistics of Sweden. The Debt Office published its latest forecast on the Swedish economy and central government borrowing on 28 May 2026: Central Government Borrowing - Forecast and Analysis 2026:1.https://www.riksgalden.se/en/press-and-publications/press-releases-and-news/press-releases/2026/deficit-for-swedish-central-government-in-july-2026/Fri, 07 Aug 2026 08:00:31 GMTPress releaseCentral Government BorrowingGovernment Debthttps://www.riksgalden.se/en/press-and-publications/publications/government-debt/20262/swedens-central-government-debt-july-2026/Report: Sweden’s Central Government Debt July 2026https://www.riksgalden.se/en/press-and-publications/publications/government-debt/20262/swedens-central-government-debt-july-2026/Fri, 07 Aug 2026 08:00:30 GMTPublicationReport – Government debt https://www.riksgalden.se/en/press-and-publications/publications/government-debt/20262/swedens-central-government-debt-june-2026/Report: Sweden's Central Government Debt June 2026https://www.riksgalden.se/en/press-and-publications/publications/government-debt/20262/swedens-central-government-debt-june-2026/Tue, 07 Jul 2026 08:00:32 GMTPublicationReport – Government debt https://www.riksgalden.se/en/press-and-publications/press-releases-and-news/press-releases/2026/deficit-for-swedish-central-government-in-june-2026/The primary balance was SEK 0.6 billion higher than the forecast. Disbursements from several agencies were lower than forecast, which was offset by tax revenues being approximately SEK 2 billion lower than estimated. The Debt Office’s net lending to government agencies etc. was SEK 6.2 billion lower than forecast. This is due to higher-than-expected deposits. Interest payments on central government debt were SEK 0.6 billion lower than forecast. For the twelve-month period up to the end of June 2026, central government payments resulted in a deficit of SEK 99.0 billion. Central government debt amounted to SEK 1,262 billion at the end of June. The outcome for July 2026 will be published on 7 August, 2026 at 8.00 a.m. The date for publishing a new forecast on the Swedish economy and central government borrowing is 26 November 2026. Budget balance and central government net borrowing requirement [1] (SEK million)   Outcome Forecast Deviation Acc.    Dev. [2] Outcome 12-month Budget balance -58 353 -65 754 7 401 -4 564 -98 972 Net borrowing requirement 58 353 65 754 -7 401 4 564 98 972 Primary balance [3] 55 025 55 613 -589 14 072 84 554 Net lending to agencies etc. [4] -10 922 -4 688 -6 234 -8 668 -14 086 Interest payments on central government debt 14 250 14 828 -578 -840 28 504   - Interest on loans in SEK 14 848 14 573 275 403 31 421   - Interest on loans in foreign currency 136 80 56 -308 -804   - Realised currency gains and losses -734 174 -909 -934 -2 113  [1] The net borrowing requirement corresponds to the budget balance with the opposite sign.  [2] Sum of monthly forecast deviations since last forecast.  [3] Net of the state's primary expenditure and income.  [4] The net of government agencies etc. deposits and loans in the state’s internal bank. The net lending includes both current government operations and temporary occurrences that can be decided on short notice. The net lending affects the net borrowing requirement and central government debt, but is not covered by the Central government expenditure ceiling. Report: Sweden’s Central Government Debt June 2026 Official statistics on the central government net borrowing requirement and government debt The monthly outcome of the central government net borrowing requirement is included in the official statistics of Sweden. The Debt Office published its latest forecast on the Swedish economy and central government borrowing on 28 May 2026: Central Government Borrowing - Forecast and Analysis 2026:1.https://www.riksgalden.se/en/press-and-publications/press-releases-and-news/press-releases/2026/deficit-for-swedish-central-government-in-june-2026/Tue, 07 Jul 2026 08:00:31 GMTPress releaseCentral Government BorrowingGovernment Debt