The Debt Office is planning in the future to only issue four maturities of T-bills compared with the present six. The background to this is the shrinking central government debt which no longer makes it possible to maintain sufficient liquidity in all bills.
The Debt Office will, as far as it possible to assess at present, have limited opportunities for issuing inflation-linked bonds. We are considering various alternatives in our borrowing policy, for instance, various types of exchanges, which could contribute to our being better able to handle large maturities and limit the share of inflation-linked debt in central government debt in a flexible way. We would then have a better ability to continue to contribute to market liquidity by issues. We would be grateful to receive points of view on these alternatives to be able to assess market interest and the measures that are in line with our objectives.
The Debt Office would like to receive points of view on the proposals at the latest by 27 September. We will publish more detail information about these matters on 24 October 2007 when the next Central Government Borrowing - Forecast and Analysis 2007:3 will be published.
Further information may be obtained from:
Maria Norström, Funding Manager, telephone +46 8 613 46 35 and
Eric Morell, Analyst, telephone +46 8 613 47 71
