Surplus for Swedish central government in August
(Thomson Reuters ONE) -
Swedish central government payments resulted in a surplus of SEK 39.1 billion in
August. The Debt Office's forecast was a surplus of SEK 16.6 billion. The
difference is explained by the fact that on-lending to the Riksbank was brought
forward to July.
Tax income was approximately SEK 2 billion lower than calculated. At the same
time, government spending was marginally higher than forecast.
The Debt Office's net lending to government agencies was SEK 24.0 billion lower
than calculated. This was because loans to the Riksbank which matured in August
were refinanced in July. The lower net lending is thus only a redistribution
between July and August.
Interest payments on central government debt were SEK 1.2 billion lower than
calculated.
For the twelve-month period up to the end of August 2017, central government
payments resulted in a surplus of SEK 52.1 billion.
Central government debt amounted to SEK 1,242 billion at the end of August.
The outcome for September will be published on 6 October at 9.30 a.m.
Contact
Tord Arvidsson, Senior Analyst +46 (0)8 613 47 53
Press Contact, +46 (0)8 613 47 01
+------------------------------------------------------------------------------+
|Central government net borrowing requirement(1) (SEK million) |
+----------------+-------------------------------------------------------------+
| | Outcome Forecast Deviation Acc. Outcome 12-|
| | Aug. Aug. Aug. Dev(2) month|
| | |
|Net borrowing | -39 071 -16 573 -22 498 -18 886 -52 143|
|requirement | |
| | |
|Primary | |
|borrowing | |
|requirement | -15 110 -17 807 2 697 -15 279 -66 339|
|excl. net | |
|lending(3) | |
| | |
|Net lending to | -24 503 -491 -24 012 -2 184 8 341|
|agencies etc. | |
| | |
|Interest | |
|payments on | 543 1 725 -1 182 -1 423 5 855|
|central | |
|government debt | |
+----------------+-------------------------------------------------------------+
| - Interest on | 1 431 1 913 -482 -776 8 314|
|loans in SEK | |
| | |
| - Interest on | |
|loans in foreign| -57 -23 -34 -26 -209|
|currency | |
| | |
| - Realised | |
|currency gains | -832 -165 -667 -621 -2 250|
|and losses | |
+----------------+-------------------------------------------------------------+
(1) The net borrowing requirement corresponds to the budget balance with
opposite sign.
(2) Sum of monthly forecast deviations since last forecast (June 2017).
(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.
Swedens Central Government Debt August 2017:
http://hugin.info/133745/R/2131953/814728.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: 07.09.2017 - 09:30 Uhr
Sprache: Deutsch
News-ID 559046
Anzahl Zeichen: 5438
contact information:
Town:
Stockholm
Kategorie:
Business News
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"Surplus for Swedish central government in August"
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