External broker reports, Nordea

Nordea

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External broker reports

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FX & Rates

<ul><li>The Debt Office (SNDO) revised up the budget deficit for this year by around SEK 20bn to SEK -196bn (net borrowing requirement with reverse sign).</li><li>For 2027, the SNDO expects the budget deficit to amount to SEK -208bn (previously -194bn).</li><li>The budget deficit was slightly higher than our call and forecast deviation is mainly attributed to the weaker economic outlook projected by the SNDO.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

The Debt Office (SNDO) revised up the budget deficit for this year by around SEK 20bn to SEK -196bn (net borrowing requirement with reverse sign).For 2027, the SNDO expects the budget deficit to amount to SEK -208bn (previously -194bn).The budget deficit was slightly higher than our call and forecast deviation is mainly attributed to the weaker economic outlook projected by the SNDO.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

SNDO report May 2026 review: More borrowing, more supply