Swedish central government payments resulted in a deficit of SEK 0.6 billion in August. The Debt Office`s forecast was a surplus of SEK 3.2 billion. The difference of SEK 3.9 billion is mainly due to lending to the Riksbank. The government agencies regular payments developed stronger than forecast.
The Debt Office`s net lending to agencies was SEK 10 billion higher than calculated. It is explained entirely by effects of accrual. Lending to the Riksbank, which according to the forecast, should have been refinanced in September, was refinanced already in August.
The net of government agencies regular payments were just over SEK 6 billion better than forecast. This is mainly explained by higher tax income.
Interest payments on central government debt amounted to SEK 5.3 billion, which was SEK 0.2 billion higher than forecast.
For the twelve-month period up to the end of August 2013, central government payments resulted in a deficit of SEK 151.5 billion.
Central government debt amounted to SEK 1,203 billion at the end of August.
The outcome for September will be published on 7 October 2013, at 9:30 am.
Further information can be obtained from:
Håkan Carlsson, +46 8 613 47 33
| Central Government Net Borrowing | August | August | 12-month |
| Net borrowing requirement | -11 136 | 647 | 151 465 |
| Primary borrowing requirement | -14 431 | -4 662 | 132 117 |
| Interest payments | 3 294 | 5 309 | 19 347 |
| - Interest on loans in SEK | 3 929 | 5 544 | 29 975 |
| - Interest on loans in foreign currency | -85 | 134 | 1 105 |
| - Realised currency gains and losses | -549 | -369 | -11 733 |
Sweden`s Central Government Debt August 2013
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Source: Riksgälden via Thomson Reuters ONE
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