MNI BRIEF: Swedish Borrowing To Rise In 2026, 2027

Sweden's government borrowing will increase for both 2026 and 2027, the Riksgalden said on Thursday.

"To meet the growing borrowing requirement, the Debt Office plans to increase the annual issuance volume of nominal government bonds from SEK118 billion for this year to SEK216 billion in 2026 and SEK220 billion in 2027," it said in a statement.

"The Debt Office will carry out the majority of the auctions in the 10-year segment and in the two-year and five-year reference bonds," it added, with 10-year SGBs amounting for 64% of issuance in 2026, five-year SGBs 15% and two-years 11%. (See MNI INTERVIEW: Riksbank's Thedeen Sees Policy Rate Stimulative)

General government debt-to-GDP is forecast to rise from 35% to 38%. Issuance of inflation-linked bonds will hold steady at SEK6 billion, while foreign currency-denominated bonds will remain steady at SEK19 billion.