Sweden September Central Government Borrowing: Summary

Following is a summary of September government debt and borrowing from the Swedish National Debt Office in Stockholm:

================================================================================
                                            Sept.    Sept. 12-month  Outstanding
                                             2011     2010              debt end
                                                                      Sept. 2011
================================================================================
Net borrowing requirement*                 -1,683   15,389  -49,447          n/a
 Primary borrowing requirement             -6,214    7,991  -84,535          n/a
 Interest payments                          4,531    7,398   35,088          n/a
 - Interest on loans in SEK                 5,045    4,690   26,749          n/a
 - Interest on loans in foreign currency     -127      174    1,685          n/a
 - Realised currency gains and losses        -387    2,533    6,653          n/a
Debt adjustments**                        -17,068  -21,350   13,117          n/a
 Re-evaluation of foreign currency debt    11,897  -12,811   11,350          n/a
 Other                                    -28,965   -8,539    1,767          n/a
Short-term investments                    -15,127   32,690  -21,874          n/a
Change in Central Government Debt         -33,879   26,728  -58,205    1,023,931
================================================================================
                                            Sept.    Sept. 12-month  Outstanding
                                             2011     2010              debt end
                                                                      Sept. 2011
================================================================================
 Nominal loans SEK denominated            -13,191   26,728  -16,614      551,050
 Inflation-linked loans SEK denominated    -1,963   -1,245   10,069      215,329
 Loans denominated in foreign currency    -18,725    1,060  -51,660      257,552
================================================================================
NOTE: Levels in SEK/Million.            
  * = A negative borrowing requirement equals a net cash inflow,
      i.e. a surplus in the government’s cash flow over the period.
 ** = Debt adjustments include transactions that change the debt without
      affecting the borrowing requirement. These are for example
      re-evaluation of foreign currency debt, differences between trade date
      accounting and payment date accounting, collateral payments and
      re-evaluation of inflation-linked bonds due to cpi-changes.

SOURCE: The Swedish National Debt Office

To contact the reporter on this story: Ainhoa Goyeneche in Madrid at agoyenechecu@bloomberg.net

To contact the editor responsible for this story: Marco Babic at mbabic@bloomberg.net

Bloomberg reserves the right to edit or remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.