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Surplus for Swedish central government in November
Press release 6 December 2013
Swedish central government payments resulted in a surplus of SEK 13.0 billion in November, which was SEK 7.2 billion higher than the Debt Office’s forecast from October. This is mainly explained by higher tax income and lower on-lending to the Riksbank.
The net of government agencies' current payments were SEK 5.0 billion higher than forecast. The main part of the deviation is explained by tax income being SEK 3.5 billion higher than forecast.
The Debt Office's net lending to government agencies was SEK 2.2 billion lower than forecast. This is mainly explained by lower on-lending to the Riksbank since loans that matured in November were not completely refinanced.
Interest payments on central government debt developed in line with forecast.
For the twelve-month period up to the end of November 2013, central government payments resulted in a deficit of SEK 114.3 billion.
Central government debt amounted to SEK 1,217 billion at the end of November.
The outcome for December will be published on 10 January 2014, at 9:30 am.
Further information can be obtained from:
Johan Sandberg, +46 8 613 47 37
Sweden's Central Government Debt November 2013
Central Government Net Borrowing |
November |
November |
12-month |
Net borrowing requirement |
-8 171 |
-12 998 |
114 300 |
Primary borrowing requirement |
-8 557 |
-13 593 |
100 071 |
Interest payments |
386 |
595 |
14 228 |
- Interest on loans in SEK |
295 |
894 |
24 261 |
- Interest on loans in foreign currency |
420 |
182 |
850 |
- Realised currency gains and losses |
-330 |
-481 |
-10 883 |