Borrowing Quarter 2 2021

  • The average maturity on new transactions in the second quarter of 2021 was 2.81 years.
  • The fixed-interest period, including derivatives, on new transactions in the second quarter of 2021 was 2.18 years.

Basis

The information for the second quarter of 2021 is based on 610 loans, bonds and commercial papers for a total amount of SEK 56 billion and 43 financial derivatives equivalent of SEK 6 billion.

Borrowing Quarter 2 2021

0-1 years 1-2 years 2-3 years 3-4 years 4-5 years 5-7 years 7-10 years >10 years
Borrowing Quarter 2 2021 38 6 10 13 15 17 2 0

Choice of fixed-interest period

  • 46 percent of the borrowing, excluding commercial papers, that started in the second quarter of 2021 was tied to a variable interest base.

Distribution of borrowing between fixed and variable interest

Variable rate Fixed rate
Distribution 46 54

Interest rate level

  • The average interest rate, including derivatives, on the local government sector’s new transactions in the second quarter of 2021 was 0.23 percent.

Trend & analysis

The average interest rate on new transactions decreased to 0.23 percent compared with 0.29 percent during the previous quarter.

Average interest rate excluding and including derivatives

Interest excluding derivatives Interest including derivatives
Interest rate level 0.21 0.23