Surplus for Swedish central government in November

News 5 December 2014

Swedish central government payments resulted in a surplus of SEK 11.0 billion in November. The Debt Office's forecast was a surplus of SEK 21.9 billion. The difference is mainly due to higher on-lending to the Riksbank.

The central government's primary borrowing requirement, excluding net lending, was SEK 1.9 billion lower than forecast. This is due to lower disbursements than calculated. Tax income developed in line with the forecast.

The Debt Office's net lending to government agencies was SEK 13.6 billion higher than forecast. This is explained by on-lending to the Riksbank being SEK 11 billion higher than calculated due to a redistribution of on-lending between October and November. The remaining part of the forecast deviation is explained by lower deposits from the Nuclear Waste Fund.

Interest payments on central government debt were SEK 0.9 billion lower than calculated, which is mainly explained by larger premiums on bonds issued.

For the twelve-month period up to the end of November 2014, central government payments resulted in a deficit of SEK 67.5 billion.

Central government debt amounted to SEK 1,291 billion at the end of November.

The outcome for December will be published on 12 January 2015, at 9:30 am.

Further information can be obtained from:
Johan Sandberg, +46 8 613 47 37

Sweden's central government debt November 2014, pdf