News

Clarification regarding exemptions for tap issuances of eligible liabilities

News 26 huhtikuuta 2024 Financial stability

The Debt Office will adhere to statements published by the European Banking Authority (EBA) clarifying the terms for conducting tap issuances of eligible liabilities instruments.

Focus report: Lessons from the banking problems in the US and Switzerland in 2023

News 22 huhtikuuta 2024 Financial stability, Focus Report

At the beginning of last year, some banks in the US and Switzerland encountered severe financial problems, which forced government authorities in both countries to intervene. In the Swedish National Debt Office’s Focus Report, the authors describe those events and the lessons that can be learned...

The Debt Office follows guidelines on the summary of resolution plans

News 9 huhtikuuta 2024 Financial stability

The Debt Office has informed the European Securities Authority (ESMA) that the authority follows ESMA's guidelines on the summary of resolution plans.

The Debt Office follows guidelines on the assessment of resolvability

News 9 huhtikuuta 2024 Financial stability

The Debt Office has notified the European Securities Authority (ESMA) that the authority follows ESMA's guidelines on the assessment of resolvability.

The Debt Office follows guidelines on the types and content of the provisions of cooperation arrangements

News 2 huhtikuuta 2024 Financial stability

The Debt Office has notified the European Securities Authority (ESMA) that the authority follows ESMA's guidelines on the types and content of the provisions of cooperation arrangements.

The Debt Office follows guidelines on written arrangements and procedures for the functioning of resolution colleges

News 2 huhtikuuta 2024 Financial stability

The Debt Office has notified the European Securities Authority (ESMA) that the authority follows the ESMA's guidelines on written arrangements and procedures for the functioning of resolution colleges.

Swedish central government debt continued to decrease in 2023

News 16 helmikuuta 2024 Central Government Borrowing, Government Debt

Sweden’s central government finances remained unexpectedly strong in 2023, and the debt at year-end appears to have been the lowest since the mid-1960s. With a third consecutive budget surplus, the Debt Office’s borrowing for the year was solely for replacing maturing loans.

Green credit guarantee for a loan to H2 Green Steel

News 22 joulukuuta 2023 Guarantees and Lending

The Swedish National Debt Office has decided to issue a credit guarantee for a loan to H2 Green Steel for financing a new green steel production plant in Boden, Sweden. The guarantee is provided within the framework of the guarantee scheme for large green industrial investments.

Green credit guarantees for loans to Northvolt

News 22 joulukuuta 2023 Guarantees and Lending

The Swedish National Debt Office has decided to issue credit guarantees for loans for the development of Northvolt’s factory for battery production in Skellefteå, Sweden. The guarantees are provided within the framework of the guarantee scheme for large green industrial investments.

Clarification on inflation-linked bonds

News 24 marraskuuta 2023 Central Government Borrowing

The role that inflation-linked bonds have in central government borrowing is a current issue in several countries, most recently Germany. Therefore, the Swedish National Debt Office would like to clarify our present position regarding the share of inflation-linked bonds in Sweden’s central...

Adopted guidelines for government debt management

News 9 marraskuuta 2023 About the Debt Office, Central Government Borrowing, Government Debt

Today, the Government decided on guidelines for managing Sweden’s central government debt. The decision for 2024 is consistent with the Swedish National Debt Office’s proposal. This means that we will continue to phase out the foreign currency exposure and steer the inflation-linked share and the...

Debt Office provides supplementary analysis on foreign currency exposure

News 13 lokakuuta 2023 Central Government Borrowing, Government Debt

The Swedish National Debt Office submitted a report today supplementing this year’s proposed guidelines for central government debt management. The Government requested supplementary analysis after the Riksbank presented its response to the proposed guidelines.

Permission to reduce eligible liabilities instruments

News 6 heinäkuuta 2023 Financial stability

On 19 April 2023, the European Commission adopted new provisions on, among other things, the process for applications for prior permission for reducing eligible liabilities instruments. The Debt Office will therefore apply the application process set forth in the delegated regulation.

IMF completes assessment of financial sector in Sweden

News 16 maaliskuuta 2023 Financial stability, About the Debt Office

In 2022, the International Monetary Fund (IMF) conducted a special assessment of the financial sector in Sweden called a FSAP (Financial Sector Assessment Program). FSAPs are performed regularly for member countries that have systemically important financial markets. The IMF’s most recent FSAP for...

How do market participants view the market for Swedish inflation-linked bonds?

News 23 helmikuuta 2023 Central Government Borrowing, Government Debt

Today, the Swedish National Debt Office is launching a survey to learn more about market views on inflation-linked bonds. The survey questions are intended to help us gain a better understanding of how market participants view the recent developments and long-term demand.

Lower government debt but higher cost in 2022

News 21 helmikuuta 2023 Central Government Borrowing, Government Debt

The highest inflation in three decades and rising market interest rates affected Sweden’s central government debt management in several ways during 2022. On one hand, the new situation contributed to higher tax income and a historically low debt. On the other hand, the cost of the debt increased.

Updated guidance on EBA’s guidelines for resolvability, and application report on bail-in tool

News 16 joulukuuta 2022 Financial stability

The Swedish National Debt Office is today publishing an updated guidance document on the European Banking Authority’s (EBA) guidelines on improving resolvability for institutions and resolution authorities (EBA/GL/2022/01). The Debt Office’s guidance serves as a form of support for Swedish banks in...

Debt Office to phase out foreign currency exposure of government debt

News 11 marraskuuta 2022 About the Debt Office, Central Government Borrowing, Government Debt

The Swedish Government has adopted guidelines for the management of the central government debt. The decision for 2023 is in accordance with the Debt Office’s proposal and means that the foreign currency exposure of the debt will be phased out gradually over four years.

Swedish National Debt Office works with H2 Green Steel regarding a green credit guarantee

News 24 lokakuuta 2022 About the Debt Office, Guarantees and Lending

In response to H2 Green Steel’s press information released today, the Swedish National Debt Office confirms that the agency is working with an application from the company. The application concerns a state guarantee covering up to 80 percent of a EUR 1 billion credit facility for a plant to...

The Swedish Financial Stability Council agrees on measures to safeguard financial stability

News 4 syyskuuta 2022 Financial stability

The Financial Stability Council has had an extraordinary meeting due to the liquidity problems in the market for electricity derivatives. These problems have prompted the government to propose state credit guarantees to mainly electricity producers trading in this market.