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/compliance-with-the-minimum-requirements-for-own-funds-and-eligible-liabilities--q1-2026/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 first 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 webpage Minimum requirements for own funds and eligible liabilities (MREL). The report: Minimum requirement for own funds and eligible liabilities (MREL) – Compliance Q1 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--q1-2026/Mon, 08 Jun 2026 08:05:43 GMTPress releaseFinancial stabilityhttps://www.riksgalden.se/en/press-and-publications/publications/mrel/2026/compliance-with-the-minimum-requirements-for-own-funds-and-eligible-liabilities--q1-2026/Report: Minimum requirement for own funds and eligible liabilities (MREL) – Compliance Q1 2026https://www.riksgalden.se/en/press-and-publications/publications/mrel/2026/compliance-with-the-minimum-requirements-for-own-funds-and-eligible-liabilities--q1-2026/Mon, 08 Jun 2026 08:05:43 GMTPublicationReport – MRELhttps://www.riksgalden.se/en/press-and-publications/publications/government-debt/20262/swedens-central-government-debt-may-2026/Report: Sweden's Central Government Debt May 2026https://www.riksgalden.se/en/press-and-publications/publications/government-debt/20262/swedens-central-government-debt-may-2026/Fri, 05 Jun 2026 08:00:31 GMTPublicationReport – Government debt https://www.riksgalden.se/en/press-and-publications/press-releases-and-news/press-releases/2026/surplus-for-swedish-central-government-in-may-2026/The primary balance was SEK 14.7 billion lower than the forecast. This was mainly due to higher disbursements from government agencies. Tax incomes were at the same time SEK 5 billion lower than expected. The Debt Office’s net lending to government agencies etc. was SEK 2.4 billion lower than forecast. Interest payments on central government debt were 0.3 lower than the forecast. For the twelve-month period up to the end of May 2026, central government payments resulted in a deficit of SEK 122.3 billion. Central government debt amounted to SEK 1,221 billion at the end of May. The outcome for June 2026 will be published on 7 July 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 18 113 30 078 -11 965 -11 965 -122 340 Net borrowing requirement [1] -18 113 -30 078 11 965 11 965 122 340 Primary balance [3] -18 676 -33 337 14 661 14 661 80 578 Net lending to agencies etc. [4] -3 537 -1 103 -2 434 -2 434 13 228 Interest payments on central government debt 4 101 4 362 -261 -261 28 534   - Interest on loans in SEK 4 312 4 183 128 128 30 607   - Interest on loans in foreign currency -296 69 -364 -364 -801   - Realised currency gains and losses 85 110 -26 -26 -1 272 [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 May 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-may-2026/Fri, 05 Jun 2026 08:00:31 GMTPress releaseCentral Government BorrowingGovernment Debthttps://www.riksgalden.se/en/press-and-publications/press-releases-and-news/press-releases/2026/sweden-increases-borrowing-to-cover-budget-deficits/The Swedish National Debt Office’s new forecast of the budget balance indicates a deficit of SEK 196 billion for 2026 and SEK 208 billion in 2027. These are greater deficits than in the previous forecast from November, due to new fiscal policy measures, higher net lending by the Debt Office, and the war in the Middle East’s adverse effects on the Swedish economy. The Debt Office is lowering its forecast for GDP growth this year from 2.7 per cent to 1.9 per cent. “The budget deficit grows rapidly this year as the result of, among other things, increased defence spending, tax cuts, and new fiscal policy measures to mitigate the impact of the war in the Middle East on the Swedish economy. We expect a temporary halt in the economic recovery, but the developments of course come with great uncertainty due to the geopolitical situation,” says Debt Office Director General Karolina Ekholm. Government debt rises from low starting point The deficits cause the central government debt to increase from SEK 1,244 billion at the end of 2025 to SEK 1,633 billion at the end of 2027. This means that the debt ratio will rise from 19 to 23 per cent of GDP. The general government debt (Maastricht measure) increases from 35 to 39 per cent of GDP. It thereby approaches the upper limit of the range for the debt anchor in Sweden’s fiscal policy framework, although it remains low by international comparison. More frequent auctions of government bonds In the new borrowing plan, the annual supply of nominal government bonds is marginally higher this year and somewhat further raised in 2027, compared with the previous plan. The Debt Office will also hold more frequent bond auctions – every Wednesday instead of every other Wednesday – as of 17 June. The volume per auction will then be SEK 5 billion. That will result in an annual volume of SEK 220 billion for 2026. The plan for 2027 contains an increase to SEK 240 billion. The Debt Office still plans to issue a foreign currency bond per year in 2026 and 2027. The planned inflation-linked bond borrowing is also unchanged. Debt Office’s forecast – key figures Key figures from Central Government Borrowing – Forecast and Analysis 2026:1.   Central government borrowing (SEK billion) Debt instrument Outcome 2025 Forecast 2026 25:2 2026 Forecast 2027 25:2 2027 Nominal government bonds 118 220 216 240 220 Inflation-linked bonds 6 6 6 6 6 Foreign currency bonds 41 19 19 19 19 T-bills, stock at year-end 173 238 250 233 243 Liquidity management, stock at year-end 137 173 142 151 132   Note: 25:2 refers to the previous forecast published in November 2025.   Central government finances (SEK billion, unless otherwise stated) Key figure Outcome 2025 Forecast 2026 25:2 2026 Forecast 2027 25:1 2026 Budget balance (with the opposite sign, the net borrowing requirement) -102 -196 -173 -208 -194 Central govt. debt 1,244 1,430 1,406 1,633 1,591 Central govt. debt (% of GDP) 19 21 21 23 22 General govt. debt (% of GDP) 35 37 37 39 38   Note: 25:2 refers to the previous forecast published in November 2025.   Swedish economy (Annual percentage change, unless otherwise stated) Key figure Outcome 2025 Forecast 2026 25:2 2026 Forecast 2027 25:2 2027 GDP growth 1.5 1.9 2.7 2.5 2.5 Unemployment (% of labour force) 8.8 8.6 8.4 8.2 7.8 CPIF inflation 2.6 1.2 0.8 1.4 1.7   Note: 25:2 refers to the previous forecast published in November 2025.   Report: Central Government Borrowing – Forecast and Analysis 2026:1 The Debt Office is holding an online presentation of the report today, 28 May, at 10:00 a.m. Follow the live stream (in Swedish). For further information or interview requests, contact the Debt Office's press function at press@riksgalden.se or by phone at +46 (0) 8 613 47 01.  https://www.riksgalden.se/en/press-and-publications/press-releases-and-news/press-releases/2026/sweden-increases-borrowing-to-cover-budget-deficits/Thu, 28 May 2026 09:30:31 GMTPress releaseCentral Government Borrowinghttps://www.riksgalden.se/en/press-and-publications/publications/government-borrowing/2026/central-government-borrowing--forecast-and-analysis-20261/Report: Central Government borrowing – Forecast and Analysis 2026:1 Data for Central Government borrowing – Forecast and Analysis 2026:1https://www.riksgalden.se/en/press-and-publications/publications/government-borrowing/2026/central-government-borrowing--forecast-and-analysis-20261/Thu, 28 May 2026 09:30:30 GMTPublicationReport – Central Government Borrowing https://www.riksgalden.se/en/press-and-publications/press-releases-and-news/news/2026/esma-clarifies-operationalisation-of-resolution-tool-wdci-for-central-counterparties/The briefing has been developed by ESMA’s CCP Resolution Committee. It provides a method for NRAs to refer to when implementing the resolution tool called the write down and conversion of instruments tool (WDCI). The Swedish National Debt Office and other NRAs that are subject to the EU-wide regulation should, according to the regulatory framework, define what data is to be collected by the CCP in order to identify and calibrate the resources that are available for write down. In conjunction with this, we should take into account various factors, such as the impact on clearing members, financial-market infrastructures, and financial stability. Furthermore, we should ensure that there are processes in place for effectively implementing the WDCI, including preparations for the reorganisation of the CCP following the implementation. The full report is available on ESMA’s website. News article from 3 July 2025: ESMA provides guidance on a tool for central counterparty resolution Read more about the Debt Office’s resolution tools for central counterpartieshttps://www.riksgalden.se/en/press-and-publications/press-releases-and-news/news/2026/esma-clarifies-operationalisation-of-resolution-tool-wdci-for-central-counterparties/Wed, 20 May 2026 15:24:00 GMTNewsFinancial stabilityhttps://www.riksgalden.se/en/press-and-publications/press-releases-and-news/press-releases/2026/deficit-for-swedish-central-government-in-april-2026/The primary balance was SEK 4.6 billion higher than the forecast. This was mainly due to lower disbursements from government agencies. Tax incomes were at the same time SEK 1 billion higher than calculated. The Debt Office’s net lending to government agencies etc. was SEK 0.9 billion higher than forecast. Interest payments on central government debt were SEK 0.3 billion lower than forecast. For the twelve-month period up to the end of April 2026, central government payments resulted in a deficit of SEK 89.0 billion. Central government debt amounted to SEK 1,248 billion at the end of April. The outcome for May 2026 will be published on 5 June 2026 at 8.00 a.m. The date for publishing a new forecast on the Swedish economy and central government borrowing is 28 May 2026. Budget balance and central government net borrowing requirement [1] (SEK million)   Outcome Forecast Dev. Acc.    Dev. [2] Outcome 12-month Budget balance -27 697 -31 666 3 969 27 579 -88 958 Net borrowing requirement [1] 27 697 31 666 -3 969 -27 579 88 958 Primary balance [3] 31 642 36 225 -4 583 -23 264 63 882 Net lending to agencies etc. [4] -1 932 -2 860 928 -4 704 -2 712 Interest payments on central government debt -2 013 -1 699 -314 390 27 788   - Interest on loans in SEK -1 687 -1 736 49 1 222 30 216   - Interest on loans in foreign currency -11 56 -67 -622 -167   - Realised currency gains and losses -314 -18 -296 -211 -2 261 [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 April 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 27 November 2025: Central Government Borrowing - Forecast and Analysis 2025:2.https://www.riksgalden.se/en/press-and-publications/press-releases-and-news/press-releases/2026/deficit-for-swedish-central-government-in-april-2026/Fri, 08 May 2026 08:00:31 GMTPress releaseCentral Government BorrowingGovernment Debthttps://www.riksgalden.se/en/press-and-publications/publications/government-debt/20262/swedens-central-government-debt-april-2026/Report: Sweden's Central Government Debt April 2026https://www.riksgalden.se/en/press-and-publications/publications/government-debt/20262/swedens-central-government-debt-april-2026/Fri, 08 May 2026 08:00:31 GMTPublicationReport – Government debt https://www.riksgalden.se/en/press-and-publications/publications/government-debt/20262/swedens-central-government-debt-march-2026/Report: Sweden's Central Government Debt March 2026https://www.riksgalden.se/en/press-and-publications/publications/government-debt/20262/swedens-central-government-debt-march-2026/Thu, 09 Apr 2026 08:00:31 GMTPublicationReport – Government debt