SWEDEN, November 4 - The objective of central government debt policy is for the central government debt to be managed so as to minimise the cost of the debt over the long-term, while taking account of the risk in its management. The debt has to be managed within the framework of monetary policy requirements.

Responsibility for the objective is divided between the Government and the Debt Office. The Government steers the overall level of risk in its annual guidelines’ decisions, while the Debt Office is responsible for conducting borrowing and management within the framework of the guidelines and in accordance with the objective. This basis for this decision includes the National Debt Office’s proposed guidelines.

Achievement of the objective is reported to the Riksdag (Swedish Parliament) in a government communication every other year. The latest communication was presented to the Riksdag by the 16th of April 2020. In the budget bill for 2022 a preliminary report of the achievement of the objective was reported.