Guidelines for central government debt management in 2026
Published
The Government has adopted guidelines for the Swedish National Debt Office’s central government debt management in 2026. The decision does not involve any changes to the central government debt composition or term to maturity. However, the guidelines for next year clarify how the management of central government debt should be evaluated.
In the guideline decision for 2026, the Government has revised and clarified how the evaluation of central government debt management is to be conducted in order to ensure clearer conclusions. This includes conclusions concerning whether guideline decisions have minimised the long-term cost of central government debt in relation to risk. The clarifications stem from the assessment in the 2025 guidelines that extensive review of the bases for evaluation is necessary to ensure clearer conclusions.
The central government debt will continue to be steered towards:
- phasing out foreign currency debt (i.e. foreign currency exposure), with a target value of zero from 1 January 2027;
- successively reducing inflation-linked krona debt to a target level of around SEK 80 billion by the end of 2029;
- nominal krona debt constituting the remainder of national debt, after inflation-linked krona debt and foreign currency debt; and
- steering the maturity (in terms of average time to refixing) of the central government debt towards 3.5 to 6 years.
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.