The August primary borrowing requirement was about SEK 0.4 billion smaller than projected. The main reason was a somewhat smaller net lending from the Debt Office than expected.
Interest payments on the central government debt in August were about SEK 1 billion larger than projected. The main part of the forecast error can be assigned interest payments on loans in foreign currency.
For the twelve-month period ending August 31, the budget surplus amounted to SEK 50 billion. The central government debt amounted to SEK 1,148 billion at the end of August 2002.
The outcome of central government borrowing requirement for September will be published on October 4, 2002, at 9.30 a.m. A revised forecast for 2002 and 2003 will be published on October 30, 2002, at 9.30 a.m.For additional information, please contact:
Peter Lundkvist, Senior Economist, tel. +46 8 613 4784
The publication schedule for 2002 can be found on www.rgk.se. It can also be obtained by calling +46-8-613 47 40. Release dates for the outcome of the central government borrowing requirement are published quarter-ahead on the Advance release calendar on the International Monetary Fund’s web site (http://dsbb.imf.org) in accordance with the Special Data Dissemination Standard (SDDS).
