Developments in January 2026 in brief

Increased liabilities in money market instruments and bonds

• At the end of January, total liabilities in debt securities amounted to SEK 9 282 billion, of which bonds accounted for 81 percent and money market instruments accounted for 19 percent.
• During the month, liabilities increased in both money market instruments and bonds by SEK 165 billion and SEK 19 billion respectively.
• The liabilities denominated in Swedish Kronas increased by a total of SEK 191 billion, while it decreased in liabilities denominated in foreign currencies by SEK 7 billion. The decrease in foreign currencies is mainly due to a stronger Swedish Krona in relation to Euro and US dollar during the month.
• The annual growth rate for total debt securities liabilities was -3.4 percent in January, a decrease by 2.2 percentage points from December.

Increased borrowing by Sveriges Riksbank in January

• In January, it was the Sveriges Riksbank that accounted for the largest increase in debt securities, with total debt increasing by SEK 88 billion.
• Monetary financial institutions also increased their debt securities in January by SEK 73 billion.
• Non-financial corporations, however, reduced their debt in January by SEK 16 billion.

Maturity structure

• Debt securities valued at SEK 1 574 billion will reach maturity within six months, excluding certificates issued by Sveriges Riksbank. Around 63 percent of these are denominated in foreign currency.
• Debt securities from monetary financial institutions accounted for 61 percent of the total maturity value within six months (excluding certificates issued by Sveriges Riksbank), of which the majority is issued in foreign currency.

Green debt securities

• Green debt securities amounted to SEK 1 002 billion in January, down by SEK 3 billion from December.
• Monetary financial institutions accounted for the largest decrease during the month, SEK -7 billion.
• Monetary financial institutions are still the largest issuer of green debt securities, in total SEK 466 billion. However, local government issue the largest share of green debt securities in relation to their total outstanding amount (36 percent).

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.