Borrowing in bonds amounted to SEK 6 952 billion at the end of August. This borrowing is mainly issued by the housing sector and the bank sector. These sectors account for SEK 1 934 billion and SEK 1 848 billion respectively in outstanding bonds. The housing sector increased borrowing in bonds by SEK 27 billion, while the bank sector increased borrowing on bonds by SEK 77 billion. The housing sector’s borrowing consists exclusively of bonds. SEK 1 449 billion of the housing sector’s total borrowing is denominated in Swedish kronor, up by SEK 13 billion since the previous month.

Corresponding borrowing in money market instruments amounted to SEK 1 209 billion in total, up by SEK 25 billion from the previous month. The increased borrowing in money market instruments primarily originates from the bank sector, where borrowing in money market instruments increased by SEK 14 billion in August. The bank sector’s borrowing in money market instruments denominated in foreign currencies accounts for 99 percent of the bank sector’s total borrowing in money market instruments. SEK 837 billion of the bank sector’s total borrowing was denominated in euros and SEK 728 billion was denominated in US dollars. This is an increase of SEK 30 billion and SEK 29 billion respectively from the previous month.

Borrowing in the other monetary financial institutions sector amounted to SEK 1 075 billion in total at the end of August, of which 59 percent consists of bonds. Total borrowing in the other monetary financial institutions sector is evenly distributed between debt securities denominated in Swedish kronor and foreign currencies, in which 58 percent are denominated in Swedish kronor and 42 percent are denominated in foreign currencies.

Maturity structure

In September, SEK 697 billion will reach maturity, of which 12 percent consist of bonds and 88 percent consist of money market instruments. It should be noted that the total maturity value within one month represents 9 percent of total borrowing in debt securities in Sweden.

Among debt securities that reach maturity within one month in foreign currencies, money market instruments represent SEK 137 billion of the total maturity value of SEK 162 billion. The maturity value of SEK 137 billion is fairly evenly distributed among securities denominated in euros and British pounds, SEK 31 billion and SEK 24 billion respectively. Money market instruments denominated in US dollars represent SEK 71 billion. The remaining SEK 11 billion are denominated in other foreign currencies.

2018-10-17 at 9:30.