Press releases and news

Surplus for Swedish central government in November 2024

Press release 6 joulukuuta 2024 Central Government Borrowing, Government Debt

Swedish central government payments resulted in a surplus of SEK 17.9 billion in November. The Debt Office’s forecast was a surplus of SEK 24.7 billion. The difference is mainly due to higher disbursements.

Compliance with the minimum requirements for own funds and eligible liabilities – Q3 2024

Press release 29 marraskuuta 2024 Financial stability

Today, the Swedish National Debt Office released its quarterly report on the Swedish systemically important banks’ and other institutions’ compliance with the minimum requirement for own funds and eligible liabilities (MREL) at the end of the third quarter of 2024.

Debt Office Commentary: The choice of auction format is influenced by market dynamics

News 28 marraskuuta 2024 Publication, Debt Office Commentary

An important matter for the Swedish National Debt Office and other government debt management offices is the choice of auction format for issuing government securities. The two predominant procedures from which to choose are the multiple-price auction and the single-price auction. This Debt Office Commentary describes how both theory and empirical studies indicate that the auction format should be chosen on the basis of how well the pricing works.

For a market exhibiting low liquidity and significant pricing uncertainty, single-price auctions are preferable. This is because they reduce uncertainty for the bidder and can thereby increase the incentive to participate. An example of such a market is the Swedish market for inflation-linked bonds, which suggests that it would be more cost-effective to issue inflation-linked bonds through single-price auctions instead of multiple-price auctions.

The authors of “The choice of auction format is influenced by market dynamics” are Daniel Wayland and Erik von Schedvin.

Read Debt Office Commentary No 4 2024

A Debt Office Commentary is part of a series of essays in which Swedish National Debt Office employees contribute to furthering the understanding of a relevant subject. Debt Office Commentary number 4 2024 is about the choice of auction format for the issuance of government securities.

Swedish government borrowing increases as budget shows deficit

Press release 28 marraskuuta 2024 Central Government Borrowing

After three years of budget surpluses, Sweden is facing a period of deficits, according to the Swedish National Debt Office’s new forecast. The deficits lead to increased borrowing, though the central government debt as a proportion of GDP will remain low. Nominal government bond issuance will be...

Adopted guidelines for government debt management in 2025

News 7 marraskuuta 2024 About the Debt Office, Central Government Borrowing, Government Debt

Today, the Government adopted new guidelines for managing Sweden’s central government debt. The decision for 2025 is consistent with the Swedish National Debt Office’s proposal. This means that the outstanding volume of inflation-linked bonds will be reduced and that the debt’s term to maturity...

Deficit for Swedish central government in October 2024

Press release 7 marraskuuta 2024 Central Government Borrowing, Government Debt

Swedish central government payments resulted in a deficit of SEK 5.7 billion in October. The Debt Office’s forecast was a deficit of SEK 12.3 billion. The difference is mainly due to higher tax income.

Deficit for Swedish central government in September 2024

Press release 7 lokakuuta 2024 Central Government Borrowing, Government Debt

Swedish central government payments resulted in a deficit of SEK 29.4 billion in September. The Debt Office’s forecast was a deficit of SEK 12.7 billion. The difference is mainly due to the payment of the capital contribution to the Riksbank.

Barclays Capital terminates primary dealer agreement for Swedish government bonds

News 30 syyskuuta 2024 Central Government Borrowing

Barclays Bank Ireland PLC has informed the Swedish National Debt Office that its primary dealer agreement in Swedish Government Bonds will be terminated as of from 4th October 2024.

Debt Office proposes changes to guidelines for debt management

Press release 23 syyskuuta 2024 Central Government Borrowing, Government Debt

Today, the Swedish National Debt Office is submitting to the Government its annual proposed guidelines for central government debt management. The most significant change proposed is for reducing the proportion of the debt that is in inflation-linked bonds. The Debt Office also proposes using a new...

Nordic Baltic Crisis Simulation Exercise, 2024

News 20 syyskuuta 2024 Financial stability

To test the preparedness for a potential crisis situation, authorities from the Nordic-Baltic countries responsible for financial stability during this week conducted a financial crisis simulation exercise in the Nordic-Baltic region, involving three fictitious banks with cross-border activities.

Surplus for Swedish central government in August 2024

Press release 6 syyskuuta 2024 Central Government Borrowing, Government Debt

Swedish central government payments resulted in a surplus of SEK 34.9 billion in August. The Debt Office’s forecast was a surplus of SEK 39.3 billion. The difference is mainly due to higher disbursements.

Compliance with the minimum requirements for own funds and eligible liabilities – Q2 2024

Press release 30 elokuuta 2024 Financial stability

Today, the Swedish National Debt Office released its quarterly report on the Swedish systemically important banks’ and other institutions’ compliance with the minimum requirement for own funds and eligible liabilities (MREL) at the end of the second quarter of 2024.

Surplus for Swedish central government in July 2024

Press release 7 elokuuta 2024 Central Government Borrowing, Government Debt

Swedish central government payments resulted in a surplus of SEK 6.4 billion in July. This was in line with the National Debt Office’s forecast of SEK 6.1 billion.

Deficit for Swedish central government in June 2024

Press release 5 heinäkuuta 2024 Central Government Borrowing, Government Debt

Swedish central government payments resulted in a deficit of SEK 40.9 billion in June. This was in line with the National Debt Office’s forecast of SEK 39.8 billion.

New resolution plan for central counterparties as of 17 June

Press release 17 kesäkuuta 2024 Financial stability

On 12 June, the Resolution Board decided on a new resolution plan for Nasdaq Clearing that will apply as of 17 June. Every year, the Swedish National Debt Office develops a resolution plan as preparation for being able to manage a central counterparty in crisis effectively.

Surplus for Swedish central government in May 2024

Press release 10 kesäkuuta 2024 Central Government Borrowing, Government Debt

Swedish central government payments resulted in a surplus of SEK 31.6 billion in January. This was lower than the National Debt Office’s forecast of SEK 41.7 billion. The difference is mainly due to higher payments by government agencies and higher net lending.

Compliance with the minimum requirements for own funds and eligible liabilities – Q1 2024

Press release 31 toukokuuta 2024 Financial stability

Today, the Swedish National Debt Office released its quarterly report on the Swedish systemically important banks’ and other institutions’ compliance with the minimum requirement for own funds and eligible liabilities (MREL) at the end of the first quarter of 2024.

Sweden’s debt increases but at slower rate

Press release 30 toukokuuta 2024 Central Government Borrowing

Growing expenditure contributes to a budget deficit this year and next year, causing Sweden’s central government debt to rise. However, the weakening of government finances now appears somewhat milder than previously expected. The Swedish National Debt Office’s new forecast does not prompt any...

Green credit guarantee for loan to Preem

News 20 toukokuuta 2024 Guarantees and Lending

The Swedish National Debt Office has decided to issue a credit guarantee for a loan to Preem for financing the conversion and expansion of the refinery in Lysekil to increase the production capacity of renewable fuels. The guarantee is provided within the framework of the guarantee scheme for green...

Deficit for Swedish central government in April 2024

Press release 8 toukokuuta 2024 Central Government Borrowing, Government Debt

Swedish central government payments resulted in a deficit of SEK 30.6 billion in January. This was lower than the National Debt Office’s forecast of SEK 26.4 billion.

...