﻿<?xml version="1.0" encoding="utf-8"?><rss version="2.0" xmlns:dc="http://purl.org/dc/elements/1.1/"><channel><language>en</language><title>News</title><link>https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/news/</link><description /><ttl>60</ttl><generator>Optimizely 12 CMS - LFPC</generator><item><title>Higher government debt but lower cost in 2025</title><link>https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/news/2026/higher-government-debt-but-lower-cost-in-2025/</link><description>Today, the Debt Office is submitting the report “Central Government Debt Management – Basis for Evaluation 2025” to the Government. The yearly report describes how the Debt Office conducted the borrowing and debt management in the previous year, on the basis of the Government’s guidelines and the objective of minimising the cost of the debt over the long-term while taking account of risk. Year in brief  The central government debt increased by SEK 93 billion in 2025 and was SEK 1,244 billion at the end of the year. The debt ratio rose from 18 to 19 per cent of GDP (based on the Debt Office’s GDP forecast). The cost of the debt decreased to SEK 13 billion, corresponding to 0.2 per cent of GDP. It was mainly the cost of the currency exposed portion of the debt that fell as the krona appreciated. The debt’s term to maturity was in the middle of the target range of 3.5–6 years. The Debt Office continued to phase out the foreign currency exposure of the debt and, in accordance with the new adopted guidelines, began decreasing the inflation-linked debt. The refinancing risk of the central government debt was stable. Relative to the euro area, Sweden has a higher share of debt maturing in the near term, while the amount maturing as a share of GDP is lower. The Debt Office continued to increase the supply of nominal government bonds over the year in order to fund the budget deficit and maturing loans. Short-term and foreign currency borrowing also increased. Demand was strong in relation to the supply in the Debt Office’s auctions. In an annual survey, primary dealers responded that they have seen increased interest in Swedish government securities among foreign investors. Confidence in the Debt Office’s borrowing operations remained high among both primary dealers and Swedish investors. Investors also saw improvement of the liquidity in the government securities market. Read the full report Central Government Debt Management – Basis for Evaluation 2025 (only available in Swedish) Read more about the annual survey of market confidence for the Debt Office and the assessment of market liquidity: Results of the annual market survey (in Swedish)</description><guid>https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/news/2026/higher-government-debt-but-lower-cost-in-2025/</guid><pubDate>Tue, 17 Feb 2026 09:30:31 GMT</pubDate><category>News</category><category>Central Government Borrowing</category><category>Government Debt</category></item><item><title>Adopted guidelines for government debt management 2026</title><link>https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/news/20252/adopted-guidelines-for-government-debt-management-2026/</link><description>In the guidelines, the Government sets forth among other things how the central government debt is to be composed and what its term to maturity shall be. The objective is to minimise the cost of the debt over the long term while taking account of risk in the management. The guidelines for next year also clarify how the management of central government debt should be evaluated. The Government's decision entails that the central government debt will continue to be managed based on the following targets: Phasing out foreign currency debt (i.e. foreign currency exposure), with a target value of zero from 1 January 2027. Successively reducing inflation-linked krona debt to a target level of around SEK 80 billion by the end of 2029. Nominal krona debt constituting the remainder of national debt, after inflation-linked krona debt and foreign currency debt. Steering the maturity (in terms of average time to refixing) of the central government debt towards 3.5 to 6 years. Guidelines for central government debt management in 2026 - Government.se Report: Central government debt management – Proposed guidelines 2026 - Riksgälden.se</description><guid>https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/news/20252/adopted-guidelines-for-government-debt-management-2026/</guid><pubDate>Thu, 13 Nov 2025 14:35:00 GMT</pubDate><category>News</category><category>About the Debt Office</category><category>Central Government Borrowing</category><category>Government Debt</category></item><item><title>Updated base year for CPI and effect on Debt Office’s inflation-linked bonds</title><link>https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/news/20252/updated-base-year-for-cpi-and-effect-on-debt-offices-inflation-linked-bonds/</link><description>In conjunction with the change of base year, SCB will publish a rescaling factor on its website. To calculate the index factor for outstanding inflation-linked bonds, the rescaling factor can be applied to re-scale the CPI with base year 2020 to reflect the former series. Accordingly, the base index will not be updated. For more information on SCB’s rescaling factor and instructions on calculating the index factor, see the Debt Office's Terms for government bonds. For more information on the change of base year, see SCB’s website: Updated classification and reference year for the Swedish CPI When the Debt Office introduces new inflation-linked bonds, the base index will be obtained using CPI with base year 2020. Updated 29 october: Use of the term "rescaling factor" from now on.</description><guid>https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/news/20252/updated-base-year-for-cpi-and-effect-on-debt-offices-inflation-linked-bonds/</guid><pubDate>Thu, 16 Oct 2025 15:15:00 GMT</pubDate><category>News</category><category>Central Government Borrowing</category></item><item><title>ESMA provides guidance on a tool for central counterparty resolution</title><link>https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/news/20252/esma-provides-guidance-on-a-tool-for-central-counterparty-resolution/</link><description>The briefing, which is the first of its kind, was developed by ESMA’s CCP Resolution Committee. It provides a method that national resolution authorities may refer to when implementing the resolution tool known as a resolution cash call. According to the guidance, resolution authorities subject to the common EU regulatory framework are to define what data must be retrieved from a CCP for calibrating the resources that need to be made available through a cash call. In the event of this, the resolution authority should take into account the impact on various factors, such as clearing members and financial stability. Resolution authorities also need to ensure that processes are in place for executing cash calls, as well as regularly test that such processes function properly. The full report is available on ESMA’s website: CCP Resolution Briefing on the Operationalisation of resolution cash calls Read more about the Debt Office’s resolution tools for central counterparties</description><guid>https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/news/20252/esma-provides-guidance-on-a-tool-for-central-counterparty-resolution/</guid><pubDate>Thu, 03 Jul 2025 16:25:00 GMT</pubDate><category>News</category><category>Financial stability</category></item><item><title>Joint approach regarding liquidity support in bank resolution</title><link>https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/news/20252/joint-approach-regarding-liquidity-support-in-bank-resolution/</link><description>The Debt Office and the Riksbank both play important roles in safeguarding financial stability and will cooperate closely and constructively with each other in the event that a bank is put into resolution. It would be very costly for the economy if a systemically important bank were allowed to fail. The Swedish National Debt Office can therefore take control (but not take over ownership) of a failing systemically important bank and then restructure or transfer the business in an orderly manner. This procedure, known as resolution, restores the bank's viability. A necessary condition for the successful restructuring of a bank in resolution is that the bank is able to fund itself. The basic principle of the resolution procedure is that the bank's owners and lenders – not the taxpayers – continue to finance the bank. However, during a transitional phase, a bank in resolution may find it difficult to obtain sufficient liquidity on its own and may therefore need temporary liquidity support. Both the Debt Office and the Riksbank are authorised to grant such support. The Debt Office and the Riksbank have developed a joint approach to liquidity support for banks in resolution, which aims to make it clearer to market participants how the liquidity supply for a bank in resolution can be secured. "If a systemically important bank needs to be placed in resolution, both the Swedish National Debt Office and the Riksbank are ready to quickly take the measures required to maintain financial stability. Our joint approach to ensuring liquidity in resolution further strengthens this preparedness,” says Karolina Ekholm, Director General of the Swedish National Debt Office. “The Riksbank and the Swedish National Debt Office are prepared to act and cooperate in a crisis. Liquidity provision is central to successful crisis management. It is therefore positive for financial stability that we have developed an approach to provide liquidity to banks in resolution,” says Riksbank Governor Erik Thedéen. Document: Approach to liquidity provision</description><guid>https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/news/20252/joint-approach-regarding-liquidity-support-in-bank-resolution/</guid><pubDate>Mon, 02 Jun 2025 09:30:00 GMT</pubDate><category>News</category><category>Financial stability</category></item><item><title>Debt Office in joint letter to EBA on rulebook for banking crisis management</title><link>https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/news/20252/debt-office-in-joint-letter-to-eba-on-rulebook-for-banking-crisis-management/</link><description>The Debt Office, together with the other resolution authorities in the Nordic region, has sent a joint letter to the EBA on the need for a banking crisis management rulebook that is more straightforward without jeopardising financial stability. The EU-wide Banking Recovery and Resolution Directive (BRRD) has improved the prospects for resolution authorities to manage banks in crisis. Nevertheless, the endeavour to create a comprehensive harmonised rulebook has led to a highly detailed and complex regulatory framework. The key message of the letter is that a more principal-based and risk-oriented framework with a lower level of detail would provide resolution authorities with better conditions for improving their operational readiness to manage banks in crisis, as well as direct resources towards the areas of greatest significance for financial stability. Read the letter in full: Nordic Resolution Authorities Letter on Simplification  </description><guid>https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/news/20252/debt-office-in-joint-letter-to-eba-on-rulebook-for-banking-crisis-management/</guid><pubDate>Fri, 09 May 2025 08:59:00 GMT</pubDate><category>News</category><category>Financial stability</category></item><item><title>Crown Princess Couple  visit Debt Office</title><link>https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/news/20252/crown-princess-couple--visit-debt-office/</link><description>The Crown Princess Couple met with the Debt Office’s executive management and were given a presentation about the agency’s responsibilities that focused on nuclear waste management financing, green industrial investments, and financial stability. They also attended a lecture on the history of the Debt Office and its role in managing financial crises. Afterwards, the Crown Princess Couple received a brief tour that concluded with a visit to the division at the Debt Office in charge of central government borrowing, for example through conducting auctions of government securities and borrowing in foreign currency. ”We appreciate the Crown Princess Couple’s interest in the Debt Office’s operations. The visit was a valuable opportunity to present information about our operations and the significance that the Debt Office has for society and the financial stability of Sweden,” says Debt Office Director General Karolina Ekholm. Photo: Urban Andersson</description><guid>https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/news/20252/crown-princess-couple--visit-debt-office/</guid><pubDate>Wed, 30 Apr 2025 13:55:56 GMT</pubDate><category>News</category><category>About the Debt Office</category><category>Central Government Borrowing</category><category>Government Debt</category></item><item><title>Adjustment of resolution fees for 2023</title><link>https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/news/20252/adjustment-of-resolution-fees-for-2023/</link><description>In the spring of 2024, the Debt Office discovered an error in the calculation model that is used to distribute the fee among those institutions that pay a risk-adjusted fee. The error stems from one of the risk indicators used in the calculation and led to 28 institutions paying a fee that was too high. In total, the incorrect fees amount to SEK 31,118,000. This corresponds to 0.77 per cent of the SEK 4.06 billion in total fees charged for 2023. For the institutions that will receive a repayment, the incorrect fee amounts to between 0.04 per cent and 14.16 per cent of their respective charged fee. The Debt Office takes this error very seriously, and the agency has therefore taken measures to both correct the error and make sure that it does not happen again. We have recalculated the fee for 2023 to ensure that the institutions that paid a fee that was too high will now have a portion of that fee repaid. We have also improved internal processes, procedures, and systems. As the incorrect fee is a small portion of the total fee charged, it neither affects the forthcoming fees nor the point in time at which the resolution reserve is expected to reach the target level. Today, the Debt Office contacted those institutions that will receive a repayment of funds. Read more about resolution fees</description><guid>https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/news/20252/adjustment-of-resolution-fees-for-2023/</guid><pubDate>Wed, 26 Feb 2025 13:40:08 GMT</pubDate><category>News</category><category>Financial stability</category></item><item><title>Swedish government debt grew but cost less</title><link>https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/news/20252/swedish-government-debt-grew-but-cost-less/</link><description>Today, the Debt Office submitted its report Central Government Debt Management – Basis for Evaluation 2024 to the Government. The yearly report describes how the agency conducted government borrowing and debt management in the previous year, on the basis of the Government’s guidelines and the objective of minimising the long-term cost of the debt while taking account of risk. Year in brief The central government budget balance shifted to a deficit and the debt grew by SEK 124 billion to SEK 1,151 billion. This corresponds to a debt ratio of 18 per cent of GDP. However, the cost of the central government debt went down to SEK 17 billion, corresponding to 0.3 per cent of GDP. The decrease is mainly due to lower inflation reducing the cost of the inflation-linked portion of the debt. The reversal of the budget balance entails an increased borrowing requirement for the central government. Over the year, the Debt Office gradually raised the auction volume of government bonds. The Debt Office’s higher issuance volume, together with bond sales by the Riksbank, led to an increased supply of government bonds in the market. According to market participants surveyed, this contributed to an evident improvement in market liquidity. The average bid-to-cover ratio in the nominal government bond auctions decreased slightly in light of the greater supply. Nevertheless, the bidding volume was on average over three times as large as the volume offered. Confidence in the Debt Office among market participants surveyed remained high, and our communication was rated as the primary strength. In 2024, we began publishing more detailed information about our planned bond issuance. Read the full report Central Government Debt Management – Basis for Evaluation 2024 (in Swedish) Read more about the annual survey of market confidence in the Debt Office and the assessment of market liquidity: Results of the annual market survey (in Swedish)</description><guid>https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/news/20252/swedish-government-debt-grew-but-cost-less/</guid><pubDate>Tue, 18 Feb 2025 09:30:00 GMT</pubDate><category>News</category><category>Central Government Borrowing</category><category>Government Debt</category></item><item><title>Adopted guidelines for government debt management in 2025</title><link>https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/news/2024/adopted-guidelines-for-government-debt-management-in-2025/</link><description>In the guidelines, the Government sets forth among other things how the central government debt is to be composed and what its term to maturity shall be. The objective is to minimise the cost of the debt over the long term while taking account of risk in the management. The Government's decision entails that: The Swedish National Debt Office will continue to issue inflation-linked bonds, but the outstanding volume will be reduced. The aim is inflation-linked debt of around SEK 80 billion by the end of 2029. The central government debt term to maturity will be measured in ATR rather than Macauley duration. The term to maturity of 3.5–6 years will be maintained. The Government’s press release and guidelines The Debt Office’s proposed guidelines</description><guid>https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/news/2024/adopted-guidelines-for-government-debt-management-in-2025/</guid><pubDate>Thu, 07 Nov 2024 13:13:57 GMT</pubDate><category>News</category><category>About the Debt Office</category><category>Central Government Borrowing</category><category>Government Debt</category></item><item><title>Barclays Capital terminates primary dealer agreement for Swedish government bonds</title><link>https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/news/2024/barclays-capital-terminates-primary-dealer-agreement-for-swedish-government-bonds/</link><description>The Debt Office now has five primary dealers in Swedish government bonds: Danske Markets Handelsbanken Markets Nordea Markets SEB Swedbank Contact Klas Granlund, Head of Debt Management: +46 8 613 47 65 Johan Bergström, Head of Funding: +46 8 613 45 68</description><guid>https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/news/2024/barclays-capital-terminates-primary-dealer-agreement-for-swedish-government-bonds/</guid><pubDate>Mon, 30 Sep 2024 15:30:38 GMT</pubDate><category>News</category><category>Central Government Borrowing</category></item><item><title>Nordic Baltic Crisis Simulation Exercise, 2024</title><link>https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/news/2024/nordic-baltic-crisis-simulation-exercise-2024/</link><description>Nearly 450 participants took part in the exercise, representing authorities from Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway, and Sweden, as well as the relevant European Union authorities: European Commission, ECB, Single Resolution Board (SRB) and European Banking Authority (EBA). A staff member of the International Monetary Fund was also invited to participate as an observer. The purpose of the exercise was to test communication, information sharing and collaboration between the authorities during crisis management in a highly uncertain and time pressured environment. The exercise was designed in line with a crisis scenario where the fictitious banks went through three phases that could be foreseen in a bank crisis management process: 1) the transition from normal business to recovery including addressing liquidity issues, 2) the movement from recovery to resolution, with resolution authorities assuming control of the bank and 3) after resolution, the return of the restructured bank to the market. During the exercise, authorities applied the tools and powers at their disposal according to the EU regulatory framework for banking supervision and crisis management.  Following the successful conclusion of the exercise, authorities will document and share the lessons learnt, and will integrate them into their existing crisis management routines. This will strengthen their crisis preparedness and further enhance the crisis management framework in the Nordic-Baltic region. A preparation team established under the Nordic Baltic Stability Group (NBSG) and led by the Danish resolution entity Finansiel Stabilitet was formed in 2023 to prepare the exercise. The team was advised by Oliver Wyman in the preparation of the exercise. The NBSG consists of government ministries, central banks, supervisory authorities, and resolution authorities in the eight Nordic and Baltic countries. In the context of the NBSG, the Nordic and Baltic authorities have agreed to conduct regular financial crisis simulation exercises.  </description><guid>https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/news/2024/nordic-baltic-crisis-simulation-exercise-2024/</guid><pubDate>Fri, 20 Sep 2024 15:00:00 GMT</pubDate><category>News</category><category>Financial stability</category></item><item><title>Green credit guarantee for loan to Preem</title><link>https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/news/2024/green-credit-guarantee-for-loan-to-preem/</link><description>The loan constitutes partial financing of the conversion and expansion of the refinery in Lysekil. The conversion is in regard to a so-called Isocracker unit, which after the conversion will be able to produce renewable aviation fuel (bio-jet/SAF) and renewable diesel (HVO100). The expansion concerns a facility for the pre-treatment of renewable raw materials. The loan amounts to approximately EUR 240 million and is being issued by the Swedish Export Credit Corporation and Crédit Agricole Corporate &amp; Investment Bank. The Debt Office’s guarantee covers 80 per cent of the loan amount. A fee is taken out in line with market terms. After the conversion and expansion in Lysekil, Preem will be able to increase its production of renewable fuel by approximately 1.2 million cubic metres per year, while the fossil-fuel production capacity will decrease by the corresponding amount. The Debt Office assesses that Preem’s investment meets the criteria for a green credit guarantee. The Debt Office has previously issued a green credit guarantee for Preem’s investment in regard to the conversion of the Synsat plant in Lysekil. Read the previous press release here:  Debt Office decides on first green credit guarantee About green credit guarantees In order to be eligible for a green credit guarantee from the central government, the investment in question must contribute to Sweden’s environmental and climate policy goals. The Debt Office conducts its assessment on the basis of the criteria set forth in Ordinance (2021:524) on state credit guarantees for green investments. Read more about the Debt Office’s mandate to provide green state credit guarantees, and which criteria form the basis of the environmental evaluation, on the Debt Office’s website:  Credit guarantees for green investments</description><guid>https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/news/2024/green-credit-guarantee-for-loan-to-preem/</guid><pubDate>Mon, 20 May 2024 08:00:00 GMT</pubDate><category>News</category><category>Guarantees and Lending</category></item><item><title>Clarification regarding exemptions for tap issuances of eligible liabilities</title><link>https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/news/2024/clarification-regarding-exemptions-for-tap-issuances-of-eligible-liabilities/</link><description>In order to conduct MREL tap issuances, an issuer needs to be able to demonstrate that the reset mechanisms applying at the call date do not give rise to incentives to redeem. The EBA’s statements on the matter, as set out in the Monitoring Report EBA/REP/2023/23, together with Commission Delegated Regulation EU 241/2014, clarify how market participants need to act to avoid such incentives arising. Incentives to redeem can arise for issuances that have a call option, with associated reset mechanisms, which leads to a higher yield on the bond upon reset. In such a situation, incentives increase for an issuer to redeem/repurchase the bond at the exercise date of the call option (the call date). Tap issuances follow the same final terms as in the original issuance. However, the issue price – and thus the yield – in each tap, may differ from the original issuance. An issuer needs to conduct tap issuances at levels that do not create incentives to redeem. The issuer shall be able to demonstrate this on the request of the Debt Office and/or Finansinspektionen.</description><guid>https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/news/2024/clarification-regarding-exemptions-for-tap-issuances-of-eligible-liabilities/</guid><pubDate>Fri, 26 Apr 2024 14:00:00 GMT</pubDate><category>News</category><category>Financial stability</category></item><item><title>Focus report: Lessons from the banking problems in the US and Switzerland in 2023</title><link>https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/news/2024/focus-report-lessons-from-the-banking-problems-in-the-us-and-switzerland-in-2023/</link><description>A number of foreign banks encountered major problems in the spring of 2023. These were three relatively small banks in the US – Silicon Valley Bank, Signature Bank, and First Republic Bank – and Credit Suisse, a globally systemically important bank headquartered in Switzerland. US and Swiss authorities were forced to intervene and manage the problems at these banks in order to prevent major disturbances to the financial system. Although the causes and courses of events differed in several respects, in both countries the crisis management by the authorities relied to some extent on solutions that were not planned in advance. Nevertheless, these government agencies achieved their primary objective of preserving financial stability. Most experts agree that the problems encountered are mainly attributable to insufficient supervision and requirements for the banks, as well as to business models that proved unsustainable in a high interest-rate environment. However, there is also cause to reflect on whether the banking crisis management regulations designed after the 2007–2008 global financial crisis are effective. The Debt Office’s Focus Report Lessons from the banking problems in the US and Switzerland in 2023 is written by Mattias Fransson, Karolina Holmberg, and Markus Ribbing. Focus report: Lessons from the banking problems in the US and Switzerland in 2023</description><guid>https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/news/2024/focus-report-lessons-from-the-banking-problems-in-the-us-and-switzerland-in-2023/</guid><pubDate>Mon, 22 Apr 2024 17:00:22 GMT</pubDate><category>News</category><category>Financial stability</category><category>Focus Report</category></item><item><title>The Debt Office follows guidelines on the summary of resolution plans</title><link>https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/news/2024/The-Debt-Office-follows-guidelines-on-the-summary-of-resolution-plans/</link><description>The guidelines apply as of 9 April 2024. Guidelines on the summary of resolution plans (europa.eu)</description><guid>https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/news/2024/The-Debt-Office-follows-guidelines-on-the-summary-of-resolution-plans/</guid><pubDate>Tue, 09 Apr 2024 08:00:00 GMT</pubDate><category>News</category><category>Financial stability</category></item><item><title>The Debt Office follows guidelines on the assessment of resolvability</title><link>https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/news/2024/the-debt-office-follows-guidelines-on-the-assessment-of-resolvability/</link><description>The guidelines apply from 9 April 2024. Guidelines on the assessment of resolvability (Article 15(5) of CCPRRR) (europa.eu)    </description><guid>https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/news/2024/the-debt-office-follows-guidelines-on-the-assessment-of-resolvability/</guid><pubDate>Tue, 09 Apr 2024 08:00:00 GMT</pubDate><category>News</category><category>Financial stability</category></item><item><title>The Debt Office follows guidelines on the types and content of the provisions of cooperation arrangements</title><link>https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/news/2024/the-debt-office-follows-guidelines-on-the-types-and-content-of-the-provisions-of-cooperation-arrangements/</link><description>The guidelines apply as of 2 April 2024. Guidelines on the types and content of the provisions of Cooperation Arrangements (Article 79 of CCPRRR) (europa.eu)</description><guid>https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/news/2024/the-debt-office-follows-guidelines-on-the-types-and-content-of-the-provisions-of-cooperation-arrangements/</guid><pubDate>Tue, 02 Apr 2024 13:39:55 GMT</pubDate><category>News</category><category>Financial stability</category></item><item><title>The Debt Office follows guidelines on written arrangements and procedures for the functioning of resolution colleges</title><link>https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/news/2024/the-debt-office-follows-guidelines-on-written-arrangements-and-procedures-for-the-functioning-of-resolution-colleges/</link><description>The guidelines apply as of 2 April 2024. Guidelines on written arrangements and procedures for the functioning of resolution colleges (europa.eu)</description><guid>https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/news/2024/the-debt-office-follows-guidelines-on-written-arrangements-and-procedures-for-the-functioning-of-resolution-colleges/</guid><pubDate>Tue, 02 Apr 2024 13:34:48 GMT</pubDate><category>News</category><category>Financial stability</category></item><item><title>Swedish central government debt continued to decrease in 2023</title><link>https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/news/2024/swedish-central-government-debt-continued-to-decrease-in-2023/</link><description>This is presented in the report Central Government Debt Management – Basis for Evaluation 2023, which the Swedish National Debt Office is submitting to the Government today. The yearly report describes how the Debt Office conducted borrowing and debt management in the previous year, on the basis of the Government’s guidelines and the objective of minimising the long-term cost of the debt while taking account of the risk. Year in brief The central government budget showed a surplus for the third year in a row, and central government debt shrunk to 16 per cent of GDP according to preliminary figures. Given the budget surplus, the Debt Office’s borrowing over the year was exclusively to refinance loans that matured. The total borrowing requirement in 2023 went up from 2022, and the Debt Office funded the increase with short-term borrowing. Starting in August, the Debt Office also increased the auction volume of government bonds, but this was to meet coming borrowing needs. All auctions of government bonds were oversubscribed by a good margin, even though the Riksbank also started to sell government bonds.  Market participants experienced some improvement in liquidity in the secondary market for government bonds. Market participants’ confidence in the Debt Office remained high. Market maintenance and communication were considered the primary strengths. The duration of the central government debt was within the target range of 3.5 to 6 years, and the Debt Office reduced the debt’s foreign currency exposure in accordance with the Government’s guidelines. The cost of the central government debt in relation to its size was 2.5 per cent, which is higher than average for the previous five years but lower than in 2022. Read the report in its entirety (in Swedish): Central Government Debt Management – Basis for Evaluation 2023 Read more about the annual survey of market confidence for the Debt Office and the assessment of market liquidity (in Swedish): Results of the annual market survey</description><guid>https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/news/2024/swedish-central-government-debt-continued-to-decrease-in-2023/</guid><pubDate>Fri, 16 Feb 2024 10:00:00 GMT</pubDate><category>News</category><category>Central Government Borrowing</category><category>Government Debt</category></item></channel></rss>