How large is the central government’s risk?

Guaranteeing someone else’s payments or lending money always entails the risk of losing the money. For this reason, the Debt Office conducts an annual in-depth analysis of the risk involved in the central government’s guarantee and lending undertakings.

Increasing insight into how risk can be managed and distributed can help to reduce both lending costs and the level of risk entailed. The Debt Office is involved in long-term development initiatives with the Swedish Export Credit Agency (EKN), the National Board of Housing, Building and Planning (Boverket), the Swedish International Development Cooperation Agency (SIDA) and the Swedish Board of Student Finance (CSN).

As at 31 December 2018, the central government’s issued guarantees and lending amounted to SEK 595 billion. Added to this sum is the deposit insurance, which on 31 December 2016 amounted to SEK 2,280 billion. Public enterprises and the investor compensation scheme have also been excluded from the summary.