enhttps://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/newslists/newslist-all-published/60Optimizely 12 CMS - LFPChttps://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/press-releases/2026/sweden-raises-sek-20-billion-in-new-government-bond-sale/Bond syndication, as opposed to regular auctions, is a process in which a group of banks carries out the bond sale for the Debt Office. A total of 40 investors participated in the final bidding for the new bond, with a bid volume of SEK 50 billion. The transaction was priced at 2 basis points above the yield of the current ten-year government bond SGB 1067. – We see it as a sign of strength that the order book was more than double the issuance volume and that we were able to reach international investors who are not regularly active in the Swedish market, says Johan Bergström, head of funding at the Debt Office. Today’s transaction is part of the Debt Office’s current borrowing plan, which was published in November 2025. The new bond will become Sweden’s ten-year reference bond in September 2026.   Terms and conditions Issuer Swedish National Debt Office  Size SEK 20 billion Coupon 2.75 % Maturity date 2037-02-09 Price 99.025 %  Yield 2.855 % Yield spread against SGB 1067 2 basis points Joint lead managers Danske Bank, Handelsbanken, Nordea, SEB, Swedbank   Distribution by investor type Asset managers 46% Pension funds 23% Central banks and OI 14% Hedge funds 10.5 % Banks 6.5 %   Distribution by region Sweden 62% Other Nordics 6% UK 26% Rest of Europe 4% Others 2% Contact Johan Bergström, Head of Funding, +46 8 613 45 68https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/press-releases/2026/sweden-raises-sek-20-billion-in-new-government-bond-sale/Wed, 11 Mar 2026 18:10:18 GMTPress releaseCentral Government Borrowinghttps://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/press-releases/2026/compliance-with-the-minimum-requirements-for-own-funds-and-eligible-liabilities--q4-2025/The quarterly report also contains a section which describes the systemically important banks’ buffers against regulatory requirements. The purpose is to describe how much of the buffer of CET1 capital that is available to cover losses before the bank is in breach of a regulatory requirement or the Pillar 2 guidance. The report also demonstrates which regulatory requirement was the most restrictive at the end of the fourth quarter. The Debt Office makes decisions on MREL annually. Further information about MREL and its application for Swedish institutions is available in the Debt Office’s MREL policy and on the web page Minimum requirements for own funds and eligible liabilities (MREL). Report: Minimum requirement for own funds and eligible liabilities (MREL) – Compliance Q4 2025  https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/press-releases/2026/compliance-with-the-minimum-requirements-for-own-funds-and-eligible-liabilities--q4-2025/Mon, 09 Mar 2026 08:00:32 GMTPress releaseFinancial stabilityhttps://www.riksgalden.se/fi/press-and-publications/publications/mrel/2026/minimum-requirement-for-own-funds-and-eligible-liabilities-mrel-compliance-q4-2025/Report: Minimum requirement for own funds and eligible liabilities (MREL) – Compliance Q4 2025https://www.riksgalden.se/fi/press-and-publications/publications/mrel/2026/minimum-requirement-for-own-funds-and-eligible-liabilities-mrel-compliance-q4-2025/Mon, 09 Mar 2026 08:00:32 GMTPublicationReport – MRELhttps://www.riksgalden.se/fi/press-and-publications/publications/government-debt/20262/swedens-central-government-debt-february-2026/Report: Sweden's Central Government Debt February 2026https://www.riksgalden.se/fi/press-and-publications/publications/government-debt/20262/swedens-central-government-debt-february-2026/Fri, 06 Mar 2026 08:07:39 GMTPublicationReport – Government debt https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/press-releases/2026/surplus-for-swedish-central-government-in-february-2026/The primary balance was SEK 20.7 billion higher than the forecast. This was mainly due to tax incomes being approximately SEK 10 billion higher than calculated. Higher tax incomes were mainly driven by higher supplementary payments than expected. The difference is also explained by lower expenditure for several agencies, defense expenditure being one of them. The Debt Office’s net lending to government agencies etc. was SEK 0.8 billion lower than forecast. Interest payments on central government debt were in line with the forecast. For the twelve-month period up to the end of February 2026, central government payments resulted in a deficit of SEK 101.5 billion. Central government debt amounted to SEK 1,201 billion at the end of February. The outcome for March 2026 will be published on 9 April 2026 at 8.00 a.m. The date for publishing a new forecast on the Swedish economy and central government borrowing is 28 May 2026. Budget balance and central government net borrowing requirement [1] (SEK million)   Outcome Forecast Deviation Acc. Dev. [2] Outcome 12-month Budget balance 83 358 62 123 21 235 15 965 -101 546 Net borrowing requirement [1] -83 358 -62 123 -21 235 -15 965 101 546 Primary balance [3] -81 698 -61 004 -20 694 -16 283 65 974 Net lending to agencies etc. [4] -3 240 -2 466 -774 -495 5 913 Interest payments on central government debt 1 579 1 347 233 813 29 659   - Interest on loans in SEK 1 408 1 289 119 552 30 592   - Interest on loans in foreign currency 99 3 96 -551 -425   - Realised currency gains and losses 73 55 18 812 -508 [1] The net borrowing requirement corresponds to the budget balance with the opposite sign. [2] Sum of monthly forecast deviations since last forecast. [3] Net of the state's primary expenditure and income. [4] The net of government agencies etc. deposits and loans in the state’s internal bank. The net lending includes both current government operations and temporary occurrences that can be decided on short notice. The net lending affects the net borrowing requirement and central government debt, but is not covered by the Central government expenditure ceiling. Report: Sweden’s Central Government Debt February 2026 Official statistics on the central government net borrowing requirement and government debt The monthly outcome of the central government net borrowing requirement is included in the official statistics of Sweden. The Debt Office published its latest forecast on the Swedish economy and central government borrowing on 27 November 2025: Central Government Borrowing - Forecast and Analysis 2025:2.https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/press-releases/2026/surplus-for-swedish-central-government-in-february-2026/Fri, 06 Mar 2026 08:07:39 GMTPress releaseCentral Government Borrowinghttps://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/news/2026/higher-government-debt-but-lower-cost-in-2025/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)https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/news/2026/higher-government-debt-but-lower-cost-in-2025/Tue, 17 Feb 2026 09:30:31 GMTNewsCentral Government BorrowingGovernment Debthttps://www.riksgalden.se/fi/press-and-publications/publications/government-debt/20262/sveriges-statsskuld-januari-2026/Report: Sweden's Central Government Debt January 2026https://www.riksgalden.se/fi/press-and-publications/publications/government-debt/20262/sveriges-statsskuld-januari-2026/Fri, 06 Feb 2026 08:00:30 GMTPublicationReport – Government debt https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/press-releases/2026/deficit-for-swedish-central-government-in-january-2026/The primary balance was SEK 10.3 billion lower than the forecast. This was mainly due to tax incomes being approximately SEK 8 billion lower than calculated. The Debt Office’s net lending to government agencies etc. was SEK 5.0 billion lower than forecast. Interest payments on central government debt were SEK 0.5 billion higher than forecast. For the twelve-month period up to the end of January 2026, central government payments resulted in a deficit of SEK 110.9 billion. Central government debt amounted to SEK 1,281 billion at the end of January. The outcome for February 2026 will be published on 6 March 2026 at 8.00 a.m. The date for publishing a new forecast on the Swedish economy and central government borrowing is 28 May 2026. Budget balance and central government net borrowing requirement [1] (SEK million)   Outcome Forecast Deviation Acc.    Dev. [2] Outcome 12-month Budget balance -32 239 -26 374 -5 865 -5 270 -110 935 Net borrowing requirement [1] 32 239 26 374 5 865 5 270 110 935 Primary balance [3] 34 268 23 927 10 341 4 412 66 577 Net lending to agencies etc. [4] 639 5 656 -5 017 278 15 197 Interest payments on central government debt -2 668 -3 209 541 580 29 161   - Interest on loans in SEK -466 -1 036 570 433 30 469   - Interest on loans in foreign currency -548 116 -664 -647 -475   - Realised currency gains and losses -1 654 -2 290 635 794 -833 [1] The net borrowing requirement corresponds to the budget balance with the opposite sign. [2] Sum of monthly forecast deviations since last forecast. [3] Net of the state's primary expenditure and income. [4] The net of government agencies etc. deposits and loans in the state’s internal bank. The net lending includes both current government operations and temporary occurrences that can be decided on short notice. The net lending affects the net borrowing requirement and central government debt, but is not covered by the Central government expenditure ceiling. Report: Sweden’s Central Government Debt January 2026 Official statistics on the central government net borrowing requirement and government debt The monthly outcome of the central government net borrowing requirement is included in the official statistics of Sweden. The Debt Office published its latest forecast on the Swedish economy and central government borrowing on 27 November 2025: Central Government Borrowing - Forecast and Analysis 2025:2.  https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/press-releases/2026/deficit-for-swedish-central-government-in-january-2026/Fri, 06 Feb 2026 08:00:30 GMTPress releaseCentral Government BorrowingGovernment Debthttps://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/press-releases/2026/deficit-for-swedish-central-government-in-2025/The central government budget balance showed a deficit for the second year in a row. Despite a first incoming payment to Sweden from the EU Recovery and Resilience Facility, amounting to SEK 18.5 billion, the deficit was approximately the same size as in 2024. This is due, among other things, to the weak economy and fiscal policy measures in the form of tax cuts and spending increases. Higher interest payments also contributed to the deficit remaining at the same level as in 2024.  Overall, this resulted in a deficit of SEK 101.9 billion in 2025, compared with SEK 104.3 billion in 2024. The EU Recovery and Resilience Facility is part of the aid from the EU-wide initiative to boost recovery in member states after the pandemic and contribute to the green and digital transitions. The central government deficit of SEK 101.9 billion for 2025 was in line with the Debt Office's latest forecast of SEK 102.5 billion. Central government debt amounted to SEK 1,244 billion at the end of December, which was SEK 93 billion higher than in December 2024. Deficit for Swedish central government in December Central government payments resulted in a deficit of SEK 127.8 billion in December. The Debt Office's forecast was a deficit of SEK 136.0 billion. The difference is mainly due to lower expenditure than forecast. The primary balance was SEK 12.5 billion higher than forecast. The difference is mainly due to lower expenditure for several agencies. Tax income was simultaneously slightly weaker than expected. The Debt Office’s net lending to government agencies etc. was SEK 4.3 billion higher than forecast. This is mainly due to lower borrowing from the agencies. Interest payments on central government debt were in line with the forecast. The outcome for January 2026 will be published on 6 February 2026 at 8:00 a.m. The date for publishing a new forecast for the Swedish economy and central government borrowing is 28 May 2026. Budget balance and central government net borrowing requirement [1][5] (SEK million)   Outcome Forecast Deviation Acc. Dev. [2] Outcome 12-month Budget balance -127 793 -135 978 8 185 594 -101 947 Net borrowing requirement [1] 127 793 135 978 -8 185 -594 101 947 Primary balance [3] 58 405 70 945 -12 540 -5 929 62 996 Net lending to agencies etc. [4] 65 347 61 079 4 269 5 296 7 862 Interest payments on central government debt 4 041 3 955 86 39 31 088  - Interest on loans in SEK 3 914 3 742 172 -137 30 614  - Interest on loans in foreign currency -28 107 -134 17 67  - Realised currency gains and losses 155 106 49 158 407 [1] The net borrowing requirement corresponds to the budget balance with the opposite sign. [2] Sum of monthly forecast deviations since previous forecast. [3] Net of the central government's primary expenditure and income. [4] Net of deposits and loans for government agencies etc. in the central government’s internal bank. The net lending includes both current government operations and temporary occurrences that can be decided on short notice. The net lending affects the net borrowing requirement and central government debt but is not covered by the central government expenditure ceiling. [5] The outcome is preliminary and may be revised in connection with the Debt Office’s annual accounts. Please refer to the Debt Office’s 2025 annual report for the final annual outcome. Report: Sweden’s Central Government Debt December 2025 Official statistics on the central government net borrowing requirement and government debt The monthly outcome of the central government net borrowing requirement is included in the official statistics of Sweden. The Debt Office published its latest forecast for the Swedish economy and central government borrowing on 27 November 2025: Central Government Borrowing - Forecast and Analysis 2025:2.https://www.riksgalden.se/fi/press-and-publications/press-releases-and-news/press-releases/2026/deficit-for-swedish-central-government-in-2025/Mon, 12 Jan 2026 08:00:00 GMTPress releaseCentral Government BorrowingGovernment Debthttps://www.riksgalden.se/fi/press-and-publications/publications/government-debt/2025/swedens-central-government-debt-december-2025/Report: Sweden's Central Government Debt December 2025https://www.riksgalden.se/fi/press-and-publications/publications/government-debt/2025/swedens-central-government-debt-december-2025/Mon, 12 Jan 2026 08:00:00 GMTPublicationReport – Government debt