Swedish central government payments resulted in a surplus of SEK 1.1 billion in October. The Debt Office's forecast was a deficit of SEK 3.9 billion. The difference is mainly explained by higher tax income.
Tax income was approximately SEK 5 billion higher than forecast. At the same time disbursements from a few government agencies were somewhat higher than estimated.
The Debt Office's net lending to government agencies was SEK 2.1 billion lower than calculated. The deviation is mainly due to lower lending to Svenska Kraftnät.
Interest payments on central government debt were SEK 0.6 billion lower than forecast.
For the twelve-month period up to the end of October 2015, central government payments resulted in a deficit of SEK 45.7 billion.
Central government debt amounted to SEK 1,344 billion at the end of October 2015.
The outcome for November will be published on 7 December 2015, at 9:30 am.
Contact
Tord Arvidsson, analyst, +46 (0)8 613 47 53
Linda Rudberg, press officer, +46 (0)8 613 45 38
| Central government net borrowing requirement1 (SEK million) | ||||||
| Outcome October | Forecast October | Deviation October | Acc. Dev.2 | Outcome 12-month | ||
| Net borrowing requirement | -1 142 | 3 950 | -5 092 | -5 092 | 45 707 | |
| Primary borrowing requirement excl. net lending3 | 10 050 | 12 430 | -2 381 | -2 381 | 12 954 | |
| Net lending to agencies etc. | -6 749 | -4 632 | -2 118 | -2 118 | 17 014 | |
| Interest payments on central government debt | -4 443 | -3 849 | -594 | -594 | 15 739 | |
| - Interest on loans in SEK | -4 636 | -3 717 | -919 | -919 | 4 991 | |
| - Interest on loans in foreign currency | 27 | 38 | -11 | -11 | -544 | |
| - Realised currency gains and losses | 166 | -170 | 336 | 336 | 11 291 | |
| 1 The net borrowing requirement corresponds to the budget balance with opposite sign. | ||||||
| 2 Sum of monthly forecast deviations since the latest forecast (October 2015). | ||||||
| 3 Net of the state's primary expenditure and income excluding net lending to agencies. | ||||||
Data on the net borrowing requirement, funding and debt on the Debt Office's website:
https://www.riksgalden.se/en/For-investors/Borrowing-and-the-government-debt/
