Municipal enterprises pension funds . 31 December. NOK Million

Pension funds, 2005
14	Municipal enterprises pension funds¹. Holdings of bonds by issuing sector². 31 December. NOK Million

Sector	2000	2001	2002	2003	2004	2005*



Total	1 863	2 084	2 429	3 223	3 564	2 460

General government	846	883	884	1 204	1 262	692
Central government	542	597	566	783	934	485
County municipalities	52	39	32	165	65	12
Municipalities	251	247	286	256	263	195

Financial enterprises	633	844	965	1 114	1 367	1 148
State lending institutions	..	..	1	..	..	24
Banks	288	328	458	562	810	717
Mortgage companies	303	469	466	520	542	394
Finance companies	..	..	1	4	4	..
Unit trusts (UK)/Mutual funds (US)	..	..	..	..	..	..
Other financial enterprises	42	42	39	29	12	10
Life insurance companies etc.	..	5	..	..	..	..
Non-life insurance companies	..	..	..	..	..	3
Financial auxiliaries	..	..	..	..	..	..

Non-financial enterprises	336	286	477	761	759	552
Central government enterprises	..	12	..	..	..	..
Other state enterprises	193	97	244	316	287	214
Municipal enterprises	104	91	188	306	306	173
Private incorporated companies	39	86	45	138	166	165
Private non-profit institutions	..	..	..	..	..	..

Household etc.	..	..	..	..	..	..
Quasi-corporated private enterprises (i.e. partnership companies, joint ownership etc.)	..	..	..	..	..	..
Private non-profit institutions serving households	..	..	..	..	..	..
Unincorporated private enterprises	..	..	..	..	..	..
Households of employees	..	..	..	..	..	..
Unspecified sector	..	..	..	..	..	..

Rest of the world	48	71	104	144	177	68

¹Before 1998 municipal enterprises pension funds are included in private pension funds.
²The value of investments deviates from the value of investments in the balance sheet due to different principle of valuations