External broker reports, Nordea

Nordea

Nordea is the bank in the Nordics dedicated to serving corporations and institutional customers. Our offering includes a diverse range of financing, cash management and payment services, investment banking, capital markets products, securities services and more. Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

External broker reports

External broker reports(aggregated public sources)

Macroeconomics

<ul><li>In line with expectations, the Debt Office revised up its borrowing requirement markedly from SEK 89bn to 173bn for next year.</li><li>This was mainly attributed to the fiscal reforms announced in the budget bill with increased expenditures towards defence and military aid to Ukraine.</li><li>On the income side, lower income tax and VAT on food also impact the budget balance negatively, but is somewhat compensated by boosting domestic demand.</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>

In line with expectations, the Debt Office revised up its borrowing requirement markedly from SEK 89bn to 173bn for next year.This was mainly attributed to the fiscal reforms announced in the budget bill with increased expenditures towards defence and military aid to Ukraine.On the income side, lower income tax and VAT on food also impact the budget balance negatively, but is somewhat compensated by boosting domestic demand.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 November 2025 review: Bonds. More Bonds.