According to Economic Survey, December 2017 the central government financing requirement is:
|Buy-backs of social housing bonds||-||-42.5|
|Distributed capital losses, due interest and other capital items||7.3||12.6|
|Net cash balance||25.2||-50.2|
|Net financing requirement||-25.2||50.2|
|Repayments of long-term debt etc.||93.6||47.4|
|Repayments of short-term debt||27.2||30.0|
Buy-backs of bonds financing social housing are included in the net financing requirements. The target for issuance of government bonds and T-bills in 2018 is kr. 65 billion and kr. 30 billion, respectively. This is unchanged from 2018. In 2018, a new index-linked bond will be opened, maturing in 2030. The focus will be on issuance in the existing 2-year and 10-year nominal bonds and in the new index-linked bond.
|Central government financing 2017-2018 |
|Issuance of government bonds via auctions and tap||67.0||65.0|
|Issuance related to switches||24.9||-|
|Issuance of T-bills||32.7||30.0|
|Drawing on the central-government's account||-29.0||32.4|
The strategy is not to issue foreign bonds in 2017. Issuance can be conducted in the Commercial Paper-programs.