The Swedish National Debt Office’s use of interest rate swaps – motives, results and reporting
(RiR 2018:18)
To keep costs low when the state borrows money, the Swedish National Debt Office uses the financial instrument of interest rate swaps. The audit of the Swedish National Audit Office shows that this has led to savings of SEK 1.1 billion since 2003, but the reporting of profits from the use of swaps is clearly inadequate.