Issuance strategy

Domestic borrowing

According to Economic Survey, December 2019 the central government financing requirement is:

​Central government financing requirement
​Kr. billion       2020
​Net financing requirement​       -22
Purchase of bonds to finance social housing​        30
​Redemptions of bonds etc.1        49
​Repayments of short-term debt​        30
​Financing requirement   ​        87

1Including payments from the central government in currency and interest swaps and net bond purchases of state  owned funds.

Note: According to Economic Survey, December 2019 ​ ​

The target for issuance of domestic government bonds and T-bills in 2020 is kr. 75 and kr. 30 billion, respectively. This is unchanged from 2019. Issuance will be focused in the 2- and 10-year maturity segments. A new 30-year nominal bond maturing in 2052 will be opened in the 1st half of the year.  

Foreign borrowing

The strategy is not to issue foreign bonds in 2020. Issuance can be conducted in the Commercial Paper-programs.