News and Press Releases Central Government Borrowing

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.

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...

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...

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 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.

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.

Deficit in central government budget as economy slows

Press release 18 February 2020 Central Government Borrowing

The slowdown in the economy is becoming increasingly evident, and withdrawals of capital investments from tax accounts weigh on the budget balance. Altogether, the central government budget shifts to a deficit this year. The Debt Office’s plan to increase bond borrowing remains unchanged.

Terms for switches to inflation-linked bond SGB IL 3114

Press release 13 February 2020 Central Government Borrowing

The Swedish National Debt Office will offer switches to government bond SGB IL 3114 from SGB IL 3104 and SGB IL 3109 during the period 20 March–24 March. The total volume offered of SGB IL 3114 is SEK 5 billion.

Deficit for Swedish central government in January 2020

Press release 7 February 2020 Central Government Borrowing, Government Debt

Swedish central government payments resulted in a deficit of SEK 3.0 billion in January. The Debt Office's forecast was a deficit of SEK 2.3 billion. A lower primary balance than expected was offset by lower net lending to government agencies.

Central government surplus of SEK 112 billion in 2019

Press release 10 January 2020 Central Government Borrowing, Government Debt

Swedish central government payments, as well as the central government budget balance, resulted in a surplus of SEK 112 billion for 2019. The Debt Office's forecast from October was a surplus of SEK 113 billion.

Terms for switches to inflation-linked bond SGB IL 3114

Press release 12 December 2019 Central Government Borrowing

The Swedish National Debt Office introduces a new inflation-linked bond – SGB IL 3114 X% 1 Jun 30 – in February 2020. The auction details and the coupon will be published on Thursday 30 January 2020 at 16.20.

Surplus for Swedish central government in November 2019

Press release 6 December 2019 Central Government Borrowing, Government Debt

Swedish central government payments resulted in a surplus of SEK 25.2 billion in November. The Debt Office's forecast was a surplus of SEK 16.9 billion. The difference was mainly due to higher tax income during the month than expected.

Debt Office leaves foreign currency exposure unchanged

News 3 December 2019 Central Government Borrowing, Government Debt

The Swedish National Debt Office, in accordance with the current guidelines for central government debt management, will stop buying foreign currency for the purposes of reducing the currency exposure of the debt.

Foreign currency exposure of the central government debt remains unchanged

News 14 November 2019 Central Government Borrowing, Government Debt

The Swedish Government issued a decision today on the guidelines for central government debt management. In accordance with the Swedish National Debt Office’s proposal, the foreign currency exposure of the debt is to be left unchanged and the term to maturity steered towards a combined target for...

Economic slowdown and increased borrowing from 2020

Press release 23 October 2019 Central Government Borrowing, Government Debt

The Swedish economy slows and the central government budget is expected to shift to a deficit starting next year. The deficit and large bond redemptions cause the central government borrowing requirement to increase. Therefore, starting in January 2020, the Debt Office will progressively increase...