The total debt stock for debt securities denominated in euros amounted to SEK 1 872 billion at the end of November, which is a decrease of SEK 15 billion from the previous month. However, securities denominated in euros noted a net increase of SEK 26 billion in November. This means that the diminished total debt stock was a result of the effect of the exchange rate.

The debt stock for debt securities denominated in US dollars amounted to SEK 1 141 billion at the end of November, which is a decrease of SEK 26 billion. Securities denominated in US dollars recorded a net decrease of SEK 18 billion in November, while the remaining SEK 8 billion were the result of a stronger Swedish krona against the US dollar.

Borrowing in bonds has increased

Within bonds, Swedish liability in debt securities amounted to SEK 6 691 billion at the end of November, an increase of SEK 16 billion from October. This increase was primarily due to an increase of SEK 38 billion in borrowing in bonds denominated in Swedish kronor.

With regard to bonds denominated in euros, total borrowing decreased by SEK 31 billion. However, bonds denominated in euros recorded a net increase of SEK 6 billion in November, in which the difference is due to the effect of the exchange rate.

Within bonds denominated in US dollars, the debt stock increased by SEK 16 billion. Net transactions for long-term securities denominated in US dollars amounted to SEK 22 billion. This difference was also due to the effect of the exchange rate.

Maturity structure

Within the next twelve months, debt securities valued at SEK 2 162 billion will reach maturity. These securities are evenly divided between money market instruments and bonds.

Securities denominated in foreign currency valued at SEK 1 139 billion will reach maturity within the next twelve months. Among these securities, SEK 474 billion are denominated in euros and SEK 557 billion are denominated in US dollars.

2020-01-17 at 9.30