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Transactions per quarter

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Borrowing first quarter 2023

  • The average maturity on new transactions in the first quarter of 2023 was 2.97 years.
  • The fixed-interest period, including derivatives, on new transactions in the first quarter of 2023 was 2.63 years.

Basis

The information for the first quarter of 2023 is based on 759 loans, bonds and commercial papers for a total amount of SEK 61 billion and 48 financial derivatives equivalent of SEK 8 billion.

Borrowing Quarter 1 2023

Choice of fixed-interest period

54 percent of the borrowing, excluding commercial papers, that started in the first quarter of 2023 was tied to a variable market rate.

Distribution of borrowing between fixed and variable interest

Interest rate level

The average interest rate, including derivatives, on the local government sector’s new transactions in the first quarter of 2023 was 3.28 percent.

Trend & analysis

The average interest rate on new transactions increased to 3.28 percent compared with 2.66 percent during the previous quarter.

Average interest rate excluding and including derivatives