Surplus for Swedish central government in January
(Thomson Reuters ONE) -
Swedish central government payments resulted in a surplus of SEK 8.7 billion in
January. The Debt Office's forecast was a deficit of SEK 2.1 billion. The
difference is mainly due to lower disbursement of membership fee to the EU and
preponed payments of agricultural subsidies from the EU.
The contribution to the EU budget amounted to SEK 0 billion in January, which
was SEK 4 billion lower than forecast. This is due to amending budgets agreed in
December 2016.
Payments of agricultural subsidies from the EU amounted to SEK 4 billion in
January. These payments were in the forecast for February and will thus not
affect the full year.
Tax income was SEK 2 billion higher than forecast.
The Debt Office's net lending to government agencies was SEK 0.6 billion higher
than calculated.
Interest payments on central government debt were SEK 2.2 billion lower than
calculated, which was largely due to lower capital losses in switch auctions of
nominal bonds.
For the twelve-month period up to the end of January 2017, central government
payments resulted in a surplus of SEK 77.4 billion.
Central government debt amounted to SEK 1,326 billion at the end of January.
The outcome for February will be published on 7 March at 9.30 a.m.
Revised forecasts for 2017 and 2018 will be published on 22 February at 9:30
a.m.
Contact
Håkan Carlsson, Senior Analyst +46 (0)8 613 47 33
Robert Sennerdal, Press Secretary, +46 (0)8 613 46 94
+------------------------------------------------------------------------------+
|Central government net borrowing requirement(1) (SEK million) |
+----------------+-------------------------------------------------------------+
| | Outcome Forecast Deviation Acc. Outcome 12-|
| | Jan. Jan. Jan. Dev(2) month|
| | |
|Net borrowing | -8 684 2 118 -10 802 -16 390 -77 392|
|requirement | |
| | |
|Primary | |
|borrowing | |
|requirement | -4 915 4 263 -9 178 -13 064 -91 349|
|excl. net | |
|lending(3) | |
| | |
|Net lending to | -1 588 -2 238 650 -928 13 666|
|agencies etc. | |
| | |
|Interest | |
|payments on | -2 182 92 -2 274 -2 398 292|
|central | |
|government debt | |
+----------------+-------------------------------------------------------------+
| - Interest on | -1 430 232 -1 662 -1 956 3 155|
|loans in SEK | |
| | |
| - Interest on | |
|loans in foreign| -31 25 -56 37 518|
|currency | |
| | |
| - Realised | |
|currency gains | -720 -165 -555 -479 -3 381|
|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 January 2017:
http://hugin.info/133745/R/2076207/780767.pdf
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
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Source: Riksgälden via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 07.02.2017 - 09:30 Uhr
Sprache: Deutsch
News-ID 522308
Anzahl Zeichen: 5765
contact information:
Town:
Stockholm
Kategorie:
Business News
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"Surplus for Swedish central government in January"
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