Surplus for Swedish central government in October
(Thomson Reuters ONE) -
Swedish central government payments resulted in a surplus of SEK 6.7 billion in
October. The Debt Office's forecast was a deficit of SEK 5.8 billion. The
difference is explained by higher tax income.
Tax income was approximately SEK 12 billion higher than calculated, mainly due
to higher supplementary tax payments.
The Debt Office's net lending to government agencies was in line with the
October forecast.
Interest payments on central government debt were SEK 0.5 billion lower than
calculated.
For the twelve-month period up to the end of October 2017, central government
payments resulted in a surplus of SEK 73.2 billion.
Central government debt amounted to SEK 1,296 billion at the end October.
The outcome for November will be published on 7 December at 9.30 a.m.
Contact
Lina Majtorp, Analyst, +46 (0)8 613 46 76
Robert Sennerdal, Press Secretary, +46 (0)8 613 47 01
+------------------------------------------------------------------------------+
|Central government net borrowing requirement(1) (SEK million) |
+----------------+-------------------------------------------------------------+
| | Outcome Forecast Deviation Acc. Outcome 12-|
| | Oct. Oct. Oct. Dev(2) month|
| | |
|Net borrowing | -6 680 5 789 -12 470 -12 470 -73 239|
|requirement | |
| | |
|Primary | |
|borrowing | |
|requirement | -1 733 10 271 -12 004 -12 004 -66 350|
|excl. net | |
|lending(3) | |
| | |
|Net lending to | -2 327 -2 370 43 43 -15 577|
|agencies etc. | |
| | |
|Interest | |
|payments on | -2 621 -2 112 -509 -509 8 688|
|central | |
|government debt | |
+----------------+-------------------------------------------------------------+
| - Interest on | -2 206 -1 752 -454 -454 10 724|
|loans in SEK | |
| | |
| - Interest on | |
|loans in foreign| -57 -84 27 27 -319|
|currency | |
| | |
| - Realised | |
|currency gains | -357 -276 -81 -81 -1 717|
|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 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.
Sweden's Central Government Debt October 2017:
http://hugin.info/133745/R/2147493/823593.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: 07.11.2017 - 09:30 Uhr
Sprache: Deutsch
News-ID 566901
Anzahl Zeichen: 5148
contact information:
Town:
Stockholm
Kategorie:
Business News
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"Surplus for Swedish central government in October"
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