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’ borrowing in debt securities.

Developments in October 2020 in brief

Borrowing for money market instruments increased, while debt securities liabilities for bonds decreased

• At the end of October, total liabilities in debt securities amounted to just over SEK 8 118 billion, in which bonds accounted for 84.4 percent and money market instruments accounted for 15.6 percent.
• Liabilities in debt securities for money market instruments increased by SEK 48 billion from the previous month, up by 3.8 percentage points.
• Short-term debt securities denominated in US dollars decreased by just over SEK 2 billion compared with the previous month, while securities denominated in Swedish kronor, euros and pounds sterling increased by just over SEK 24 billion, SEK 7 billion, and just under SEK 19 billion respectively.
• Total liabilities in debt securities for bonds decreased by just under SEK 38 billion compared with the previous month, down by 0.5 percentage points.
• Long-term debt securities denominated in euros, US dollars and pounds sterling decreased by just under SEK 18 billion, SEK 46 billion, and SEK 2 billion respectively compared with the previous month. Debt securities denominated in Swedish kronor increased by SEK 33 billion.
• At the end of October, the value of borrowing in long-term debt securities denominated in euros decreased and amounted to just under SEK 1 636 billion, despite net issues valued at just under SEK 3 billion registered during the month. This decrease is due to an increasingly strong Swedish krona during October.
• The annual growth rate for total borrowing in debt securities was 3.5 percent, which is 0.1 percentage point less than in September.

Non-financial sector increased debt in both short-term and long-term debt securities

• At the end of October, the total debt stock was valued at just over SEK 1 425 billion, which is SEK 12 billion more than in the previous month.
• Total borrowing is fairly evenly distributed between debt securities denominated in Swedish kronor and in foreign currency.
• Total borrowing in debt securities denominated in euros accounted for 42.6 percent of the total outstanding balance of SEK 1 425 billion. Most of the borrowing in euros, around 96.7 percent, was in bonds.
• Bonds accounted for the bulk, precisely 92 percent, of the total outstanding balance for October, in which debt securities denominated in Swedish kronor and euros were valued at just under SEK 598 billion and SEK 587 billion respectively.
• In total, borrowing for short-term and long-term debt securities increased by around SEK 6 billion each in October. Liabilities in debt securities for short-term and long-term debt securities denominated in Swedish kronor increased by around SEK 4 billion and SEK 15 billion respectively.

2020-12-16 at 9:30