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Surplus for Swedish central government in September
Press release 5 October 2012
Swedish central government payments in September resulted in a surplus of SEK 2.8 billion. This was SEK 5.1 billion higher than the Debt Office’s latest forecast, which was a deficit of SEK 2.3 billion. The difference is mainly explained by lower net lending to central government agencies than estimated.
The Debt Office's net lending to central government agencies was approximately SEK 4 billion lower than forecasted. It can partly be explained by decreased on-lending to the Riksbank of SEK 2 billion due to loans maturing. We estimate that the matured loan will be refinanced later this year. Furthermore, the Nuclear Waste Fund and several other government agencies increased deposited funds at the Debt Office. Other payments from central government agencies developed in line with our forecast.
Interest payments on central government debt were around SEK 1 billion lower than calculated.
For the twelve-month period up to the end of September 2012, central government payments resulted in a deficit of SEK 21.8 billion.
Central government debt amounted to SEK 1,078 billion at the end of September.
The outcome for October will be published on 7 November, at 9:30 am.
Central Government Borrowing, Forecast and Analysis 2012:3 will be published on 23 October, at 9:30 am.
Further information can be obtained from:
Sofia Olsson, +46 8 613 47 30