Surplus for Swedish central government in April


Swedish central government payments resulted in a surplus of SEK 4.3 billion in April. The Debt Office's forecast was a surplus of SEK 0.1 billion. The difference is due to lower disbursements and lower net lending to government agencies than calculated.

Disbursements were lower partly due to the fact that some agencies had made payments in advance in March. Tax income was in line with forecast.

The Debt Office's net lending to government agencies was SEK 1.8 billion lower than calculated. This is due to higher deposits from primarily the Nuclear Waste Fund and the Pensions Agency.

Interest payments on central government debt were SEK 0.1 billion higher than calculated.

For the twelve-month period up to the end of April 2017, central government payments resulted in a surplus of SEK 46.6 billion.

Central government debt amounted to SEK 1,307 billion at the end of April.

The outcome for May will be published on 8 June at 9.30 a.m.

Contact

Tord Arvidsson, Senior Analyst +46 (0)8 613 47 33
Robert Sennerdal, Press Secretary, +46 (0)8 613 46 94

Central government net borrowing requirement1 (SEK million)  
  Outcome Apr. Forecast Apr. Deviation Apr. Acc.  Dev2 Outcome 12-month
Net borrowing requirement -4 347 -121 -4 226 17 517 -46 625
Primary borrowing requirement excl. net lending3 -3 981 -1 471 -2 510 17 543 -64 783
Net lending to agencies etc. 777 2 566 -1 789 413 14 214
Interest payments on central government debt -1 143 -1 216 73 -439 3 944
  - Interest on loans in SEK -1 090 -1 530 440 -79 5 118
  - Interest on loans in foreign currency -276 -27 -249 -143 165
  - Realised currency gains and losses 224 341 -117 -218 -1 340
1 The net borrowing requirement corresponds to the budget balance with opposite sign.
2 Sum of monthly forecast deviations since the latest forecast (February 2017).
3 Net of the state's primary expenditure and income excluding net lending to agencies.  

More data on the borrowing requirement and government debt:

https://www.riksgalden.se/en/For-investors/Borrowing-and-the-government-debt/

The monthly outcome of the central government net borrowing requirement is included in the official statistics of Sweden.


Attachments

Sweden's Central Government Debt April 2017
GlobeNewswire