Proposed guidelines for central government debt management

 | Source: Riksgälden Riksgälden

The Swedish National Debt Office submits an annual proposal for central government debt management. This year we are proposing that the Government makes a decision on the maturity for the respective type of debt and that the time horizon for reaching the target shares is prolonged.
 
The proposal has the following target shares for the central government debt.
 
  •         Foreign currency debt: 15 per cent
  •         Inflation-linked debt: 25 per cent
  •         Nominal SEK debt: 60 per cent
    •  
    The maturity of the central government debt types should be as follows.
     
  •         Foreign currency debt: 0.125 years
  •         Inflation-linked debt: 10.1 years at the end of 2009
  •         Nominal SEK debt: 3.2 years shall be achieved by the end of 2010
    •  
    Central government debt has decreased rapidly over the past years, affecting the direction of central government debt management. In the proposed guidelines we assume that central government debt will be in the range of SEK 900-1,000 billion in 2009, decreasing to around SEK 800 billion during 2010-2011.

    For further information, please contact:

    Erik Zetterström, Head of Analysis, +46 8 613 46 49
    Sten Hansen, Deputy Head of Analysis, +46 8 613 47 37
     
     

    Attachments

    Proposed guidelines for 2009-2011