News and Press Releases Central Government Borrowing

Surplus for Swedish central government in September 2021

Press release 7 October 2021 Central Government Borrowing, Government Debt

Swedish central government payments resulted in a surplus of SEK 11.5 billion in September. The Debt Office's forecast was a surplus of SEK 14.2 billion. The difference is explained by lower than anticipated tax income and higher payments from government agencies. This was partially countered by...

Planned switch auction in 1063 bond replaced by outright sale

Press release 23 September 2021 Central Government Borrowing

The Swedish National Debt Office will replace its planned switch auction in government bond 1063 with an outright sale as part of a regular auction. The Debt Office will offer SEK 500 million of this bond in the regular auction on 20 October 2021.

Debt Office proposes largely unchanged guidelines for debt management

Press release 17 September 2021 Central Government Borrowing, Government Debt

The Swedish National Debt Office proposes no significant revisions to the guidelines for managing the central government debt. The proposed guidelines for 2022 are being submitted to the Ministry of Finance today.

Surplus for Swedish central government in August 2021

Press release 7 September 2021 Central Government Borrowing, Government Debt

Swedish central government payments resulted in a surplus of SEK 43.4 billion in August. The Debt Office's forecast was a surplus of SEK 21.3 billion. The higher than expected budget balance is primarily explained by higher than anticipated tax income at the same time as payments from government...

Surplus for Swedish central government in July 2021

Press release 6 August 2021 Central Government Borrowing, Government Debt

Swedish central government payments resulted in a surplus of SEK 8.1 billion in July. The Debt Office's forecast was a deficit of SEK 6.3 billion. Central government tax income were higher than expected while disbursements from government agencies were lower.

Terms for switches to inflation-linked bond SGB IL 3115

Press release 5 August 2021 Central Government Borrowing

The Swedish National Debt Office will offer switches to government bond SGB IL 3115 from SGB IL 3111, SGB IL 3114 and SGB IL 3104 during the period 3 September – 7 September. The total volume offered of SGB IL 3115 is SEK 3.75 billion.

The Debt Office’s guidelines proposal for 2013–2016

Press release 13 July 2021 Government Debt

The Debt Office proposes additions to two areas in this year’s proposal. They are related to position taking and management of financing risks. The objective is to further formalise risk management and positions in foreign currency.

Deficit for Swedish central government in June 2021

Press release 7 July 2021 Central Government Borrowing, Government Debt

Swedish central government payments resulted in a deficit of SEK 34.0 billion in June. It was a smaller deficit than the Debt Office’s forecast, where the deficit was estimated at SEK 35.3 billion. The difference is explained by the Debt Office’s net lending being lower than expected, which...

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.

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.

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.

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...

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.