Surplus for Swedish central government in November
(Thomson Reuters ONE) -
Swedish central government payments resulted in a surplus of SEK 34.1 billion in
November. The Debt Office's forecast was a surplus of SEK 43.2 billion. The
difference is mainly due to the Debt Office's net lending to government agencies
were higher than expected.
Disbursements from agencies were SEK 2 billion higher than expected. This is
partly explained by government grants to local governments to increase
homebuilding. Tax income was in line with the Debt Office's forecast.
The Debt Office's net lending to government agencies was SEK 5.5 billion higher
than calculated. This was largely due to higher lending to the Pension
Authority. This is considered temporary and the borrowing requirement is
expected to decrease in December.
Interest payments on central government debt were SEK 1.3 billion higher than
calculated, which was largely due to exchange losses.
For the twelve-month period up to the end of November 2016, central government
payments resulted in a surplus of SEK 62.1 billion.
Central government debt amounted to SEK 1,336 billion at the end of November.
The outcome for December will be published on 10 January at 9.30 a.m.
Contact
Tord Arvidsson, Senior Analyst +46 (0)8 613 47 53
Robert Sennerdal, Press Secretary, +46 (0)8 613 46 94
+------------------------------------------------------------------------------+
|Central government net borrowing requirement(1) (SEK million) |
+----------------+-------------------------------------------------------------+
| | Outcome Forecast Deviation Acc. Outcome 12-|
| | Nov. Nov. Nov. Dev(2) month|
| | |
|Net borrowing | -34 095 -43 165 9 070 1 707 -62 066|
|requirement | |
| | |
|Primary | |
|borrowing | |
|requirement | -19 942 -22 216 2 274 -2 936 -82 507|
|excl. net | |
|lending(3) | |
| | |
|Net lending to | -14 966 -20 494 5 528 3 308 9 763|
|agencies etc. | |
| | |
|Interest | |
|payments on | 812 -456 1 268 1 335 10 678|
|central | |
|government debt | |
+----------------+-------------------------------------------------------------+
| - Interest on | -142 -390 248 112 11 054|
|loans in SEK | |
| | |
| - Interest on | |
|loans in foreign| -21 -47 26 59 522|
|currency | |
| | |
| - Realised | |
|currency gains | 975 -19 994 1 164 -899|
|and losses | |
+----------------+-------------------------------------------------------------+
(1) The net borrowing requirement corresponds to the budget balance with
opposite sign.
(2) Sum of monthly forecast deviations since last forecast (October 2016).
(3) Net of the state's primary income and expenditure 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.
Sweden´s Central Government Debt November 2016:
http://hugin.info/133745/R/2062163/773557.pdf
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Riksgälden via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 07.12.2016 - 09:30 Uhr
Sprache: Deutsch
News-ID 511330
Anzahl Zeichen: 5569
contact information:
Town:
Stockholm
Kategorie:
Business News
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"Surplus for Swedish central government in November"
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