Press Releases

Proposed debt management guidelines: Debt Office proposes unchanged steering of government debt for 2024

Press release 22 September 2023 Central Government Borrowing, Government Debt

The Swedish National Debt Office proposes that the Government keep the current target values for the composition and maturity of the central government debt in place during 2024. However, with a continued low debt, the guidelines for debt management may thereafter need to be adjusted.

Surplus for Swedish central government in August 2023

Press release 7 September 2023 Central Government Borrowing, Government Debt

Swedish central government payments resulted in a surplus of SEK 34.3 billion in August. The Debt Office's forecast was a surplus of SEK 2.3 billion. The difference is mainly due to lower payments of electricity price compensation to companies than anticipated.

Compliance with the minimum requirement for own funds and eligible liabilities – Q2 2023

Press release 1 September 2023 Financial stability

All systemically important banks and other institutions were compliant with the minimum requirement for own funds and eligible liabilities (MREL) at the end of the second quarter. Today, the Swedish National Debt Office released its quarterly report on MREL compliance.

Surplus for Swedish central government in July 2023

Press release 7 August 2023 Central Government Borrowing, Government Debt

Swedish central government payments resulted in a surplus of SEK 6.5 billion in July. The Debt Office's forecast was a minor surplus of SEK 0.1 billion. The difference is mainly due to higher tax income and lower payments from government agencies than expected. These effects were partly...

Deficit for Swedish central government in June 2023

Press release 7 July 2023 Central Government Borrowing, Government Debt

Swedish central government payments resulted in a deficit of SEK 34.3 billion in June. The Debt Office's forecast was a deficit of SEK 26.6 billion. The difference is mainly due to lower tax income and payments of electricity price compensation.

Debt Office updates resolution plan and MREL for Swedish Export Credit Corporation

Press release 20 June 2023 Financial stability

The Swedish National Debt Office does not consider there to be grounds for managing Swedish Export Credit Corporation (SEK) through resolution. The Debt Office has therefore decided on a new resolution plan and that MREL is to be limited to a loss absorption amount, i.e. the sum of the firm’s...

Surplus for Swedish central government in May 2023

Press release 8 June 2023 Central Government Borrowing, Government Debt

Swedish central government payments resulted in a surplus of SEK 39.1 billion in May. The Debt Office's forecast was a surplus of SEK 23.1 billion. The surplus being higher than expected is primarily due to higher tax income.

Compliance with the minimum requirement for own funds and eligible liabilities – Q1 2023

Press release 2 June 2023 Financial stability

All systemically important banks and other institutions were compliant with the minimum requirement for own funds and eligible liabilities (MREL) at the end of the first quarter. Today, the Swedish National Debt Office released its quarterly report on MREL compliance.

Sweden gradually increases bond supply

Press release 25 May 2023 Central Government Borrowing

Although the budget balance has so far developed more strongly this year than foreseen, the Debt Office still expects a budget deficit for the central government in 2023. Next year, expenditure will increase and the deficit will grow. To meet the greater deficit and upcoming redemptions, the Debt...

Surplus for Swedish central government in April 2023

Press release 8 May 2023 Central Government Borrowing, Government Debt

Swedish central government payments resulted in a surplus of SEK 12.7 billion in April. The Debt Office's forecast was a surplus of SEK 23.5 billion. The surplus being lower than expected is primarily due to lower tax income.

Deficit for Swedish central government in March 2023

Press release 11 April 2023 Central Government Borrowing, Government Debt

Swedish central government payments resulted in a deficit of SEK 12.9 billion in March. The Debt Office's forecast was a deficit of SEK 22.7 billion. The deficit being less than expected is primarily due to higher tax income than forecast. The higher tax income was partly offset by payments to...

Surplus for Swedish central government in February 2023

Press release 7 March 2023 Central Government Borrowing, Government Debt

Swedish central government payments resulted in a surplus of SEK 98.0 billion in February. The Debt Office's forecast was a surplus of SEK 58.7 billion. The difference is mainly due to higher tax income than estimated. At the same time, not the entire electricity price compensation to households...

Compliance with the minimum requirement for own funds and eligible liabilities – Q4 2022

Press release 3 March 2023 Financial stability

All systemically important banks and other institutions were compliant with the minimum requirement for own funds and eligible liabilities (MREL) at the end of the fourth quarter. Today, the Swedish National Debt Office released its quarterly report on MREL compliance.

Increased borrowing as Sweden’s government budget shows deficit

Press release 23 February 2023 Central Government Borrowing

The central government budget shifts to a deficit this year after last year’s unexpectedly large surplus. This is partly due to decreased tax income but also to temporary factors such as electricity price support. The Swedish National Debt Office expects a continued budget deficit in 2024 and will...

Deficit for Swedish central government in January 2023

Press release 7 February 2023 Central Government Borrowing, Government Debt

Swedish central government payments resulted in a deficit of SEK 45.7 billion in January. The Debt Office's forecast was a deficit of SEK 17.5 billion. The difference is mainly due to lower tax income than estimated.

Central government surplus of SEK 164 billion in 2022

Press release 10 January 2023 Central Government Borrowing, Government Debt

Swedish central government payments, as well as the central government budget balance, resulted in a surplus of SEK 164 billion in 2022. The Debt Office's forecast was a surplus of SEK 91 billion. Compared to the previous year, the larger budget balance surplus is due to both a stronger primary...

This year’s decisions on resolution plans and MREL

Press release 19 December 2022 Financial stability

The Swedish National Debt Office has made this year’s decisions on resolution plans and the minimum requirements for own funds and eligible liabilities (MREL). The Debt Office has concluded that the majority of banks are making good progress in meeting the MREL that will ultimately apply as of...

Surplus for Swedish central government in November 2022

Press release 7 December 2022 Central Government Borrowing, Government Debt

Swedish central government payments resulted in a surplus of SEK 36.7 billion in October. The Debt Office's forecast was a surplus of SEK 28.7 billion. Tax incomes were higher than forecasted, while disbursements from agencies were lower. This was partially offset by the Debt Office’s net lending...

Compliance with the minimum requirement for own funds and eligible liabilities – Q3 2022

Press release 7 December 2022 Financial stability

All systemically important banks and other institutions were compliant with the minimum requirement for own funds and eligible liabilities (MREL) at the end of the third quarter. Today, the Swedish National Debt Office released its quarterly report on MREL compliance.

Surplus for Swedish central government in October 2022

Press release 7 November 2022 Central Government Borrowing, Government Debt

Swedish central government payments resulted in a surplus of SEK 19.0 billion in October. The Debt Office's forecast was a surplus of SEK 14.0 billion. Tax incomes were slightly higher than expected, while disbursements from a number of agencies were lower. This was partially offset by the Debt...

Lower government budget surplus increases borrowing requirement

Press release 27 October 2022 Central Government Borrowing

A rapid slowdown in the economy leads to weaker central government finances next year, according to the Debt Office’s new forecast. Temporary factors related to the high price of electricity also weigh on the budget balance. This creates an increased borrowing requirement for the central...

Deficit for Swedish central government in September 2022

Press release 7 October 2022 Central Government Borrowing, Government Debt

Swedish central government payments resulted in a deficit of SEK 5.9 billion in September. The Debt Office's forecast was a deficit of SEK 2.4 billion. The difference is primarily explained by payments from government agencies being higher than expected while tax income was lower. This was...

Proposed debt management guidelines: Foreign currency exposure should be phased out

Press release 28 September 2022 Central Government Borrowing, Government Debt

The Swedish National Debt Office is proposing that the foreign currency exposure of the central government debt be gradually phased out over the next four years. The proposal is based on updated analyses showing that the currency exposure involves a higher risk without lowering the cost of the debt...

Compliance with the minimum requirement for own funds and eligible liabilities – Q2 2022

Press release 9 September 2022 Financial stability

All systemically important banks and other institutions were compliant with the minimum requirement for own funds and eligible liabilities (MREL) at the end of the second quarter. Today, the Swedish National Debt Office released its quarterly report on MREL compliance.

Surplus for Swedish central government in August 2022

Press release 7 September 2022 Central Government Borrowing, Government Debt

Swedish central government payments resulted in a surplus of SEK 44.5 billion in August. The Debt Office's forecast was a surplus of SEK 28.7 billion. The higher than expected budget balance is primarily explained by the Debt Office’s net lending being lower than anticipated. At the same time,...

State credit guarantees for electricity producers

Press release 6 September 2022 Guarantees and Lending

The Government has given the Swedish National Debt Office a mandate to provide credit guarantees for loans to electricity producers that are cleared in the electricity derivatives market by Nasdaq Clearing AB.

Debt Office to wind up a strategic position in the Swedish krona

Press release 29 August 2022 Central Government Borrowing

The Debt Office has decided to wind up a strategic position in the Swedish krona against the euro. The intention is to close the position gradually at a pace adapted to market conditions.

Surplus for Swedish central government in July 2022

Press release 5 August 2022 Central Government Borrowing, Government Debt

Swedish central government payments resulted in a surplus of SEK 15.4 billion in July. The Debt Office's forecast was a deficit of SEK 0.5 billion. The difference is mainly due to higher tax income and the Debt Office’s net lending being lower than expected.

Deficit for Swedish central government in June 2022

Press release 7 July 2022 Central Government Borrowing, Government Debt

Swedish central government payments resulted in a deficit of SEK 30.5 billion in June. It was a smaller deficit than the The Debt Office's forecast of SEK 34.3 billion. The difference is mainly explained by the Debt Office’s net lending being lower than expected.

Compliance with the minimum requirement for own funds and eligible liabilities – Q1 2022

Press release 17 June 2022 Financial stability

All systemically important banks and other institutions were compliant with the minimum requirement for own funds and eligible liabilities (MREL) at the end of the first quarter. Today, the Swedish National Debt Office released its new quarterly report on MREL compliance.