– The decrease is primarily due to decreased borrowing in debt securities denominated in Swedish Crowns, with Riksbanken accounting for the largest decrease, says Beri Tekes, economist at Statistics Sweden.

Developments in September 2025 in brief

Decreased liabilities in bonds and money market instruments

• At the end of September, total liabilities in debt securities amounted to SEK 9 275 billion, of which bonds accounted for 80 percent and money market instruments accounted for 20 percent.
• During the month, liabilities decreased in bonds by SEK 74 billion and in money market instruments by SEK 72 billion.
• The liabilities denominated in Swedish Crowns decreased by a total of SEK 216 billion, while it increased in liabilities denominated in foreign currencies by SEK 70 billion.
• The annual growth rate for total debt securities liabilities was -0.9 percent in September, a decrease by 0.5 percentage points from August.

Decreased borrowing by Riksbanken

• In September, Riksbanken accounted for the largest decrease in debt securities, and decreased their liabilities by SEK 117 billion. Monetary financial institutions also decreased their liabilities by SEK 20 billion.

Maturity structure

• Debt securities valued at SEK 1 467 billion will reach maturity within six months, excluding certificates issued by Sveriges Riksbank. 60 percent of these are denominated in foreign currency.
• Debt securities from monetary financial institutions accounted for 66 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 981 billion in September, up by SEK 7 billion from August.
• Monetary financial institutions accounted for almost the whole increase during the month.
• Monetary financial institutions are still the largest issuer of green debt securities, in total SEK 442 billion. However, local government issue the largest share of green debt securities in relation to their total outstanding amount (37 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.