Securities issues, March 2024
Increased borrowing in debt securities
Statistical news from Statistics Sweden 2024-04-17 8.00
At the end of March, total liabilities in debt securities amounted to SEK 9 727 billion, up by SEK 72 billion from February. This increase is mainly due to increased borrowning in non-covered debt securities issued by Monetary financial institutions.
Developments in March 2024 in brief
Increased liabilities in both money market instruments and bonds
- At the end of March, total liabilities in debt securities amounted to SEK 9 727 billion, of which bonds accounted for 78 percent and money market instruments accounted for 22 percent.
- During the month, liabilities increased in both bonds and money markets instruments by SEK 7 billion and by SEK 65 billion respectively.
- The liabilities denominated in Swedish Crowns decreased by a total of SEK 56 billion during the month while the liabilities denominated in foreign currencies increased by SEK 128 billion.
- The annual growth rate for total debt securities liabilities was 1,0 percent in March, up by 0,4 percentage points compared to February.
Increased borrowing for Monetary financial institutions
- In March, non-covered bonds issued by Monetary financial institutions accounted for the largest increase in liabilities in debt securities, where the liabilities increased by SEK 126 billion in total. The increase is mainly due to issued securities denominated in US dollar but also an effect of a weaker Swedish Crown in relation to US dollar.
- Covered bonds in Monetary financial institutions, on the other hand, decreased their liabilities in debt securities, with SEK 25 billion. The Swedish Riksbank and Non-financial corporations also decreased their liabilities by SEK 36 and 11 billion, respectively.
Maturity structure
- Debt securities valued at SEK 1 717 billion will reach maturity within six months excluding certificates issued by Sveriges Riksbank. 70 percent of these are denominated in foreign currency, mainly US dollars and euros.
- Debt securities from monetary financial institutions accounted for nearly 73 percent of the total maturity value within six months (excluding certificates issued by Sveriges Riksbank), SEK 1 247 billion, in which the majority is issued in foreign currency.
Definitions and explanations
Contents of this publication
Statistics Sweden’s monthly publication on Securities issues covers total outstanding volume and maturity structure for debt securities issued by Swedish issuers. It describes the development and conditions of Swedish enterprises’ debt securities borrowing.
Revisions
Securities issues are compiled monthly. Revisions usually occur, mostly for the previous month but sometimes for older periods as well.
Next publishing will be
2024-05-21 at 8:00
Statistical Database
More information is available in the Statistical Database
Feel free to use the facts from this statistical news but remember to state Source: Statistics Sweden.