Securities issues, May 2024
Decreased borrowing in debt securities
Statistical news from Statistics Sweden 2024-06-18 8.00
At the end of May, total liabilities in debt securities amounted to SEK 9 802 billion, down by SEK 102 billion from April. This decrease is mainly due to decreased borrowning in non-covered debt securities issued by Monetary financial institutions.
Developments in May 2024 in brief
Decreased liabilities in both money market instruments and bonds
- At the end of May, total liabilities in debt securities amounted to SEK 9 802 billion, of which bonds accounted for 78 percent and money market instruments accounted for 22 percent.
- During the month, liabilities decreased in both bonds and money markets instruments by SEK 2 billion and by SEK 100 billion respectively.
- The liabilities denominated in Swedish Crowns increased by a total of SEK 61 billion during the month while the liabilities denominated in US dollars and in Euro decreased by SEK 109 billion and by SEK 52 billion respectively. This is largely due to a stronger Swedish Crown during May.
- The annual growth rate for total debt securities liabilities was -0.8 percent in May, down by 4 percentage points compared to April.
Decreased borrowing for Monetary financial institutions
- In May, Monetary financial institutions accounted for the largest decrease in liabilities in debt securities, where the liabilities decreased by SEK 92 billion in total. The decrease is primarily an effect of the stronger Swedish Crown in relation to the US dollar and the euro but is also explained by maturities in securities denominated in dollars and euro.
- For Non-financial corporations, on the other hand, the liabilities increased by SEK 10 billion in total.
Maturity structure
- Debt securities valued at SEK 1 676 billion will reach maturity within six months excluding certificates issued by Sveriges Riksbank. Nearly 70 percent of these are denominated in foreign currency, mainly US dollars and euros.
- Debt securities from Monetary financial institutions accounted for 75 percent of the total maturity value within six months (excluding certificates issued by Sveriges Riksbank), SEK 1 250 billion, of which the majority is issued in foreign currency.
Definitions and explanations
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.
Next publishing will be
2024-07-16 at 8:00
Statistical Database
More information is available in the Statistical Database
Feel free to use the facts from this statistical news but remember to state Source: Statistics Sweden.