It is mainly euro and US dollar denominated debt securities that contributed to the total increase in June. A decrease of SEK 21 billion was registered for debt securities denominated in Swedish kronor.

Borrowing in bonds has increased for all sectors except the bank sector, where it has decreased by SEK 29 billion compared with the previous month. It is mainly debt securities denominated in Swedish kronor that have contributed to the decrease in the bank sector.

Borrowing in money market instruments has decreased for all sectors except for the bank sector and the other monetary financial institutions sector. It is mainly US dollar denominated debt securities that have contributed to the increase in the bank sector.

Increased borrowing in debt securities for the other monetary financial institutions sector

At the end of June, total debt stock within the other monetary financial institutions sector amounted to SEK 1 178 billion, an increase of SEK 26 billion compared with the previous month. Behind the increase are bonds valued at SEK 15 billion and money market instruments valued at SEK 11 billion.

Underlying reasons for the total increase of SEK 26 billion are debt securities denominated in Swedish kronor and US dollars. During June, the total debt stock in debt securities denominated in Swedish kronor and US dollars increased to SEK 699 and SEK 370 billion respectively. This is an increase of SEK 7 and SEK 19 billion respectively compared with the previous month.

The debt stock for money market instruments and bonds has increased by SEK 3 and SEK 4 billion respectively for debt securities denominated in Swedish kronor. The bill issued by the Riksbank is almost unchanged compared with May and amounted to SEK 380 billion at the end of June. US dollar denominated debt securities for money market instruments and bonds has increased by SEK 9 and SEK 10 billion respectively.

Maturity structure

Within a month, debt securities valued at SEK 548 billion will mature. This represents 7 percent of the total outstanding debt securities for June. It is mainly money market instruments valued at SEK 533 billion that will reach maturity.

Within a month, the other monetary financial institutions sector has a total maturity value of SEK 385 billion of which SEK 380 billion are debt securities denominated in Swedish kronor. The bank sector has a total maturity value of SEK 120 billion of which debt securities denominated in foreign currency amount to SEK 119 billion.

2020-08-18 at 9:30