The Swedish Investment Fund Association says the new benchmark rate for government debt published this week by the Swedish National Debt Office bodes well for investors using the country’s tax efficient investment savings account regime.
Sweden’s central government surplus continued in May, although at a slightly lower than expected rate of SEK22.7bn (€2.6bn).
The Swedish National Debt Office has responded to a government inquiry by asking for clearer rules about how and when the country’s central bank – Riksbank – can ask for loans to strengthen foreign exchange reserves.
The Swedish National Debt Office (NDO) will issue more long term bonds when market conditions are supportive, according to a summary of points made by new director general Hans Lindblad when he visited Swedish bank SEB this week.
The Kingdom of Sweden has issued a $1bn three-year bond offering a yield of just 0.472% – a record low for a syndicated deal in 2012.
Swedish government payments resulted in a surplus of SEK2.8bn (€325m) in September, some SEK5.1bn higher than forecast by the country’s Debt Office (Riksgälden).
Riksgälden, the Swedish National Debt Office, has opened a statistics database for investors to create their own reports and analyses directly from the Debt Office’s own data.
The Swedish National Debt Office (Riksgälden) is set to auction a new bond SGB 1057 (X% 13 Nov 23), which will also offer existing debt holders the opportunity to exchange their SGB 1054 (3.5% 1 Jun 22) and SGB 1047 (5% 1 Dec 20) holdings.
Bo Lundgren, director general of Riksgälden, the Swedish National Debt Office, is to leave his job on 1 February 2013, some eight months before the end of his current contract.
Improved search functionality, clearer content and better accessibility are among the benefits touted by the Swedish National Debt Office’s (Riksgälden) new website.
The Swedish National Debt Office (Riksgälden) has confirmed that lower tax receipts will roughly triple the central government deficit compared to earlier forecasts, to SEK32bn (€3.6bn) or slightly less then 1% of GDP.
The Swedish National Debt Office (Riksgälden) reported that central government payments resulted in a surplus of SEK25.3bn (€2.8bn) in May, despite lower than expected tax income.