Surplus for Swedish central government in May

Surplus for Swedish central government in May

ID: 398471

(Thomson Reuters ONE) -


Swedish central government payments resulted in a surplus of SEK 20.3 billion in
May. The Debt Office's forecast was a surplus of SEK 16.4 billion. The
difference is mainly due to higher tax income.

The central government's primary borrowing requirement, excluding net lending,
was SEK 5.2 billion lower than forecast. This is mainly explained by higher tax
income than calculated.

The Debt Office's net lending to government agencies was SEK 1.4 billion higher
than forecast, which is mainly due to lower deposits from the Swedish Pensions
Agency.

Interest payments on central government debt amounted to SEK 4.0 billion, which
was SEK 0.1 billion lower than forecast.

For the twelve-month period up to the end of May 2015, central government
payments resulted in a deficit of SEK 75.1 billion.

Central government debt amounted to SEK 1,364 billion at the end of May 2015.

The outcome for June will be published on 7 July 2015, at 9:30 am.

Further information can be obtained from:
Håkan Carlsson, analyst, +46 8 613 47 33

+----------------------------------------------------------------------------+
|Central government net borrowing requirement (SEK million) |
+---------------+------------------------------------------------------------+
| | |
| | Acc.  Outcome|
|  |Outcome May Forecast May Deviation May dev(1) 12-month|
+---------------+------------------------------------------------------------+
|Net borrowing | |
|requirement | -20 269 -16 365 -3 904 3 517 75 065|
+---------------+------------------------------------------------------------+




|Primary | |
|borrowing | |
|requirement | |
|excl. net | |
|lending | -29 366 -24 188 -5 178 -384 39 364|
| | |
|Net lending to | |
|agencies etc. | 5 116 3 701 1 415 6 049 18 358|
| | |
|Interest | |
|payments on | |
|central | |
|government debt| 3 981 4 122 -141 -2 148 17 344|
+---------------+------------------------------------------------------------+
|  - Interest on| |
|loans in SEK | 2 739 3 808 -1 069 -3 734 3 322|
| | |
|  - Interest on| |
|loans in | |
|foreign | |
|currency | 263 150 113 -524 628|
| | |
|  - Realised | |
|currency gains | |
|and losses | 979 165 815 2 109 13 394|
+---------------+------------------------------------------------------------+
(1) Sum of monthly forecast deviations since the latest forecast (February
2015).



General and detailed information on central government borrowing and debt is
reported on the Debt Office's website: https://www.riksgalden.se/en/For-
investors/Borrowing-and-the-government-debt/


Sweden's Central Government Debt May 2015:
http://hugin.info/133745/R/1926424/691313.pdf



This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Riksgälden via GlobeNewswire
[HUG#1926424]




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Bereitgestellt von Benutzer: hugin
Datum: 05.06.2015 - 09:30 Uhr
Sprache: Deutsch
News-ID 398471
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