Securities issues, December 2023
Borrowing in debt securities decreased
Statistical news from Statistics Sweden 2024-01-17 8.00
At the end of December, total liabilities in debt securities amounted to SEK 9 301 billion, down by SEK 397 billion from November. This decrease is mainly due to a stronger Swedish crown during December.
Developments in December 2023 in brief
Decreased liabilities in both money market instruments and bonds
- At the end of December, total liabilities in debt securities amounted to SEK 9 301 billion, of which bonds accounted for 79 percent and money market instruments accounted for 21 percent.
- During the month, liabilities decreased in both bonds and money markets instruments by SEK 107 billion and by SEK 289 billion respectively.
- The liabilities decreased for both securities denominated in Swedish kronor by 193 billion, and for securities denominated in foreign currency. For securities denominated in dollars, the debt decreased by SEK 142 billion and for securities denominated in euros by SEK 60 billion. This is mainly due to the strengthening of the Swedish crown during December.
- The annual growth rate for total debt securities liabilities was 3,0 percent in December, down by 1,5 percentage points compared with November.
Decreased borrowing for Monetary financial institutions
- In December, Monetary financial institutions accounted for the largest decrease in liabiliteies in debt securities, decreased by SEK 235 billion in total. The decrease in covered bonds was SEK 68 billion and in non-covered securities SEK 167 billion.
- The Swedish Riksbank also decreased their liabilities in debt securities, decreased by SEK 178 billion in total.
Maturity structure
- Debt securities valued at SEK 1 560 billion will reach maturity within six months excluding certificates issued by Sveriges Riksbank. Around 70 percent of these are denominated in foreign currency, mainly US dollars and euros.
- Debt securities from monetary financial institutions accounted for nearly 65 percent of the total maturity value within six months (excluding certificates issued by Sveriges Riksbank), SEK 1 009 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
2024-02-16 at 8:00
Statistical Database
More information is available in the Statistical Database
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