Central government payments gave a surplus
(Thomson Reuters ONE) -
Swedish central government payments resulted in a surplus of SEK 31.1 billion in
May, which is SEK 9.4 billion lower than The Debt Office's latest forecast. The
difference is due to lower tax incomes and higher interest payments on central
government debt.
Tax income was SEK 6.8 billion lower than calculated. The difference is probably
largely due to variations in tax income betweens months which are not caught in
the forecast.
Interest payments on central government debt were SEK 7.0 billion, which is SEK
3.3 billion higher than calculated. This is explained by exchange rate losses in
the foreign currency debt and capital losses in buy-backs of Swedish krona
bonds. The capital losses in Swedish krona bonds are due to redistribution
between months and will effect interest payments in the opposite direction in
June.
For the twelve-month period up to the end of May 2011, central government
payments resulted in a surplus of SEK 45 billion. Central government debt
amounted to SEK 1,053 billion at the end of May.
The outcome for June will be published at 9:30 am on 7 July 2011.
Further information can be obtained from:
Tord Arvidsson, phone +46 8 613 47 53
Table of the net borrowing requirement and central government debt:
http://hugin.info/133745/R/1522192/458442.pdf
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(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 Thomson Reuters ONE
[HUG#1522192]
Unternehmensinformation / Kurzprofil:
Datum: 09.06.2011 - 09:31 Uhr
Sprache: Deutsch
News-ID 55444
Anzahl Zeichen: 2075
contact information:
Town:
Stockholm
Kategorie:
Business News
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