Statistikk innhold
Statistics on
Securities
The securities statistics provide a current overview of the issue and ownership of securities registered in Euronext Securities Oslo as well as Norwegian entities' debt securities abroad. Parts of the data basis are also input to the national accounts, balance of payments, financial sector accounts and credit indicators.
Selected figures from these statistics
- Stocks of securities registered with Euronext Securities Oslo, by type of security. NOK billion and per centDownload table as ...Stocks of securities registered with Euronext Securities Oslo, by type of security. NOK billion and per cent
1st quarter 2025 4th quarter 2025 1st quarter 2026 Changes in per cent 4th quarter 2025 - 1st quarter 2026 1st quarter 2025 - 1st quarter 2026 Stocks (market value) Shares (listed) 3 845 3 985 4 930 23.7 28.2 Equity certificates 134 161 161 0.1 19.5 Long-term debt securities 3 259 3 397 3 458 1.8 6.1 Short-term debt securities 160 156 165 5.8 3.3 Total 7 398 7 698 8 714 13.2 17.8 Explanation of symbolsDownload table as ... - Stocks of securities registered with Euronext Securities Oslo, by holding sector and type of security. Market value. NOK millionDownload table as ...Stocks of securities registered with Euronext Securities Oslo, by holding sector and type of security. Market value. NOK million
1st quarter 2026 Shares (listed) Equity certificates Long-term debt securities Short-term debt securities Total 4 929 731 160 718 3 458 028 165 287 Non-financial corporations 593 698 18 218 64 018 25 601 Public unincorporated enterprises, owned by central government 0 0 0 0 Public incorporated enterprises, owned by central government 30 672 7 9 465 22 832 Public unincorporated enterprises, owned by local government 7 0 60 0 Public incorporated enterprises, owned by local government 462 87 19 898 2 749 Private non-financial incorporated enterprises 562 322 18 010 31 558 20 Private non-financial unincorporated enterprises 85 20 2 0 Private non-profit institutions serving enterprises 151 93 3 035 0 Financial corporations 597 194 81 852 1 728 856 91 719 Norges Bank 0 0 0 0 Banks 21 902 2 555 706 208 30 017 Mortgage companies 0 7 105 632 9 052 Finance companies 0 0 172 0 State lending institutions etc. 0 0 0 0 Financial holding companies 2 435 5 2 008 0 Mutual funds 332 030 16 216 310 125 27 023 Alternative investment funds (AIF) excluding mutal funds 7 218 512 1 434 50 Other financial enterprises, except insurance companies and pension funds 199 268 56 020 14 403 6 078 Life insurance companies and pension funds 33 271 6 384 513 380 15 700 Non-life insurance companies 1 070 152 75 494 3 800 General government 1 527 383 321 173 233 16 429 Central government 1 527 105 3 164 818 16 429 Local government 278 318 8 416 0 Non-profit institutions serving households 10 225 5 633 7 218 0 Households 225 918 25 074 8 452 0 Unincorporated enterprises within households 19 2 2 0 Private non-financial unincorporated enterprises inclusive housing cooperatives etc. 0 0 0 0 Employees, recipients of property income, pensions and social contributions, students etc. 225 899 25 072 8 450 0 Rest of the world 1 975 215 29 605 1 476 238 31 537 Unspecified sector 97 15 13 0 Explanation of symbolsDownload table as ... - Net purchases of securities registered with Euronext Securities Oslo, by purchasing sector and type of security. Market value. NOK millionDownload table as ...Net purchases of securities registered with Euronext Securities Oslo, by purchasing sector and type of security. Market value. NOK million
1st quarter 2026 Shares (listed) Equity certificates Long-term debt securities issued in Norway Short-term debt securities issued in Norway Total 3 284 -216 92 070 8 908 Non-financial corporations 1 399 -82 233 -3 836 Public unincorporated enterprises, owned by central government 0 0 0 0 Public incorporated enterprises, owned by central government 2 362 0 -2 254 -3 274 Public unincorporated enterprises, owned by local government 0 0 5 0 Public incorporated enterprises, owned by local government -4 -4 3 662 -551 Private non-financial incorporated enterprises -931 -77 -934 -11 Private non-financial unincorporated enterprises -12 -1 -1 0 Private non-profit institutions serving enterprises -16 -1 -245 0 Financial corporations 556 656 4 778 5 225 Norges Bank 0 0 0 0 Banks 6 644 -107 -32 299 8 596 Mortgage companies 0 0 17 959 -781 Finance companies 0 0 0 0 State lending institutions etc. 0 0 0 0 Financial holding companies 404 0 464 0 Mutual funds -2 465 -132 11 873 -2 857 Alternative investment funds (AIF) excluding mutal funds -176 -34 -67 50 Other financial enterprises, except insurance companies and pension funds -492 1 190 866 -148 Life insurance companies and pension funds -3 291 14 6 823 1 254 Non-life insurance companies -69 -275 -841 -889 General government -22 203 -1 17 598 369 Central government -22 190 0 17 558 369 Local government -13 -1 40 0 Non-profit institutions serving households -245 -1 191 60 0 Households -16 434 437 -212 0 Unincorporated enterprises within households -4 0 0 0 Private non-financial unincorporated enterprises inclusive housing cooperatives etc. 0 0 0 0 Employees, recipients of property income, pensions and social contributions, students etc. -16 429 437 -212 0 Rest of the world 40 213 -35 69 613 7 150 Unspecified sector -3 0 0 0 Explanation of symbolsDownload table as ... - Paid out dividends on listed shares registered with Euronext Securities Oslo, by paying sector. NOK millionDownload table as ...Paid out dividends on listed shares registered with Euronext Securities Oslo, by paying sector. NOK million
2nd quarter 2025 3rd quarter 2025 4th quarter 2025 1st quarter 2026 Total 108 641 32 144 37 025 28 287 Non-financial corporations 69 593 29 849 31 552 23 945 Public unincorporated enterprises, owned by central government 0 0 0 0 Public incorporated enterprises, owned by central government 18 944 9 536 17 774 8 796 Public unincorporated enterprises, owned by local government 0 0 0 0 Public incorporated enterprises, owned by local government 0 0 0 0 Private non-financial incorporated enterprises 50 649 20 313 13 778 15 149 Private non-financial unincorporated enterprises 0 0 0 0 Private non-profit institutions serving enterprises 0 0 0 0 Financial corporations 34 135 165 247 495 Norges Bank 0 0 0 0 Banks 28 534 0 0 0 Mortgage companies 0 0 0 0 Finance companies 0 0 0 0 State lending institutions etc. 0 0 0 0 Financial holding companies 2 029 0 0 0 Mutual funds 0 0 0 0 Alternative investment funds (AIF) excluding mutal funds 0 0 0 0 Other financial enterprises, except insurance companies and pension funds 3 324 0 0 0 Life insurance companies and pension funds 0 0 0 0 Non-life insurance companies 247 165 247 495 General government 0 0 0 0 Central government 0 0 0 0 Local government 0 0 0 0 Non-profit institutions serving households 0 0 0 0 Households 0 0 0 0 Unincorporated enterprises within households 0 0 0 0 Private non-financial unincorporated enterprises inclusive housing cooperatives etc. 0 0 0 0 Employees, recipients of property income, pensions and social contributions, students etc. 0 0 0 0 Rest of the world 4 913 2 130 5 225 3 847 Explanation of symbolsDownload table as ... - Paid out dividends on listed shares registered with Euronext Securities Oslo, by receiving sector. NOK millionDownload table as ...Paid out dividends on listed shares registered with Euronext Securities Oslo, by receiving sector. NOK million
2nd quarter 2025 3rd quarter 2025 4th quarter 2025 1st quarter 2026 Total 108 641 32 144 37 025 28 287 Non-financial corporations 18 618 5 784 4 025 3 635 Public unincorporated enterprises, owned by central government 0 0 0 0 Public incorporated enterprises, owned by central government .. 0 0 0 Public unincorporated enterprises, owned by local government .. 0 0 0 Public incorporated enterprises, owned by local government 24 0 0 0 Private non-financial incorporated enterprises 18 587 5 782 4 024 3 635 Private non-financial unincorporated enterprises 2 0 0 0 Private non-profit institutions serving enterprises 5 1 1 0 Financial corporations 13 222 2 179 2 660 1 804 Norges Bank 1 0 0 0 Banks 171 46 76 52 Mortgage companies 0 0 0 0 Finance companies 0 0 0 0 State lending institutions etc. 0 0 0 0 Financial holding companies 1 0 0 0 Mutual funds 7 426 1 717 2 114 1 428 Alternative investment funds (AIF) excluding mutal funds 145 28 41 31 Other financial enterprises, except insurance companies and pension funds 4 607 193 189 140 Life insurance companies and pension funds 838 192 235 151 Non-life insurance companies 31 3 5 2 General government 28 135 7 794 12 552 7 082 Central government 28 126 7 793 12 551 7 081 Local government 9 1 2 1 Non-profit institutions serving households 315 40 47 25 Households 5 754 1 498 1 634 1 299 Unincorporated enterprises within households .. 0 0 0 Private non-financial unincorporated enterprises inclusive housing cooperatives etc. 0 0 0 0 Employees, recipients of property income, pensions and social contributions, students etc. 5 753 1 498 1 633 1 299 Rest of the world 42 547 14 819 16 076 14 406 Unspecified sector 51 30 30 35 Explanation of symbolsDownload table as ... - Issues of debt securities, by issuing sectors. Face values in NOK millionDownload table as ...Issues of debt securities, by issuing sectors. Face values in NOK million
1st quarter 2025 2nd quarter 2025 3rd quarter 2025 4th quarter 2025 1st quarter 2026 Debt securities issued in Norway Long-term debt securities issued in Norway 380 223 175 455 287 589 216 577 354 367 - domestic issuers 334 413 142 362 247 432 143 708 314 071 Short-term debt securities issued in Norway 95 021 96 010 85 021 79 112 100 646 - domestic issuers 95 021 96 010 85 021 79 112 100 646 Debt securities issued by Norwegian entities abroad Long-term debt securities issued abroad 146 290 111 694 44 726 101 347 127 398 Sertifikater emittert i utlandet 231 918 297 552 244 696 248 727 225 643 Non-financial corporations Long-term debt securities issued in Norway 62 495 31 560 30 901 42 405 45 045 Long-term debt securities issued abroad 11 609 14 243 0 15 934 12 497 Short-term debt securities issued in Norway 16 475 13 992 9 576 6 501 8 974 Short-term debt securities issued abroad 27 283 33 405 47 176 76 755 84 540 Financial corporations Long-term debt securities issued in Norway 197 276 61 652 180 710 71 452 199 108 Long-term debt securities issued abroad 134 682 97 452 44 726 85 414 114 903 Short-term debt securities issued in Norway 3 000 4 900 4 000 8 700 6 470 Short-term debt securities issued abroad 204 636 264 148 197 522 171 971 141 103 General government Long-term debt securities issued in Norway 74 641 49 150 35 821 29 852 69 917 Long-term debt securities issued abroad 0 0 0 0 0 Short-term debt securities issued in Norway 75 546 77 119 71 445 63 911 85 202 Short-term debt securities issued abroad 0 0 0 0 0 Rest of the world Long-term debt securities issued in Norway 45 810 33 093 40 157 72 868 40 296 Short-term debt securities issued in Norway . . . . . Explanation of symbolsDownload table as ... - Debt securities, by issuing sectors. Outstanding amounts. Face values in NOK millionDownload table as ...Debt securities, by issuing sectors. Outstanding amounts. Face values in NOK million
1st quarter 2025 2nd quarter 2025 3rd quarter 2025 4th quarter 2025 1st quarter 2026 Debt securities issued in Norway Long-term debt securities issued in Norway 3 302 884 3 313 775 3 383 372 3 428 544 3 503 645 - domestic issuers 2 803 095 2 812 116 2 865 671 2 882 354 2 951 169 Stort-term debt securities issued in Norway 160 837 160 569 159 412 156 929 166 058 - domestic issuers 160 837 160 569 159 412 156 929 166 058 Debt securities issued by Norwegian entities abroad Long-term debt securities issued abroad 2 148 423 2 204 262 2 146 992 2 195 456 2 186 633 Stort-term debt securities issued abroad 342 629 362 188 349 047 347 252 342 170 Non-financial corporations Long-term debt securities issued in Norway 484 115 482 551 492 399 511 346 523 526 Long-term debt securities issued abroad 561 209 549 985 538 043 556 916 598 980 Stort-term debt securities issued in Norway 17 895 18 440 16 429 8 614 11 864 Stort-term debt securities issued abroad 11 130 2 380 17 615 2 477 7 539 Financial corporations Long-term debt securities issued in Norway 1 528 507 1 505 432 1 532 457 1 513 123 1 563 535 Long-term debt securities issued abroad 1 587 215 1 654 276 1 608 948 1 638 540 1 587 653 Stort-term debt securities issued in Norway 4 460 5 900 7 780 8 880 8 917 Stort-term debt securities issued abroad 331 499 359 808 331 432 344 776 334 631 Central government Long-term debt securities issued in Norway 786 473 820 134 836 817 853 884 860 109 Long-term debt securities issued abroad 0 0 0 0 0 Stort-term debt securities issued in Norway 138 483 136 230 135 204 139 435 145 278 Stort-term debt securities issued abroad 0 0 0 0 0 Rest of the world Long-term debt securities issued in Norway 499 789 501 659 517 701 546 190 552 475 Stort-term debt securities issued in Norway . . . . . Explanation of symbolsDownload table as ... - Debt securities. Issues, redemptions, gross changes and outstanding amounts, by issuing sector. Face values in NOK millionDownload table as ...Debt securities. Issues, redemptions, gross changes and outstanding amounts, by issuing sector. Face values in NOK million
1st quarter 2026 Opening balance Issues (face value) (NOK million) Redemptions (NOK million) Changes in sector classification and exchange rates (NOK million) Closing balance Debt securities issued in Norway and by Norwegian entities abroad 6 128 181 808 055 -664 808 -72 921 6 198 507 - Norwegian entitites 5 581 991 767 758 -643 830 -59 889 5 646 030 Debt securities issued in Norway 3 585 473 455 013 -352 880 -17 903 3 669 703 - Norwegian entitites 3 039 283 414 717 -331 900 -4 873 3 117 227 Non-financial corporations Long-term debt securities issued in Norway 511 346 45 045 -29 452 -3 413 523 526 Long-term debt securities issued abroad 556 916 12 497 -8 418 37 985 598 980 Short-term debt securities issued in Norway 8 614 8 974 -5 724 0 11 864 Short-term debt securities issued abroad 2 477 84 540 -79 429 -49 7 539 Financial corporations Long-term debt securities issued in Norway 1 513 123 199 108 -147 239 -1 457 1 563 535 Long-term debt securities issued abroad 1 638 540 114 903 -88 190 -77 600 1 587 653 Short-term debt securities issued in Norway 8 880 6 470 -6 433 0 8 917 Short-term debt securities issued abroad 344 776 141 103 -135 892 -15 356 334 631 Central government Long-term debt securities issued in Norway 853 884 69 917 -63 691 -1 860 109 Long-term debt securities issued abroad 0 0 0 0 0 Short-term debt securities issued in Norway 139 435 85 202 -79 360 1 145 278 Short-term debt securities issued abroad 0 0 0 0 0 Rest of the world Long-term debt securities issued in Norway 546 190 40 296 -20 980 -13 031 552 475 Short-term debt securities issued in Norway . . . . . Explanation of symbolsDownload table as ... - Debt securities issued in Norway, by borrowing sectors and remaining maturity. Outstanding amounts at face value (NOK million)Download table as ...Debt securities issued in Norway, by borrowing sectors and remaining maturity. Outstanding amounts at face value (NOK million)
<= 1 year > 1 year <= 2 years > 2 years <= 5 years > 5 years <= 10 years > 10 years <= 20 years > 20 years Total Original maturity Outstanding amounts in total from debt securities issued in Norway 166 170 189 056 1 342 525 1 110 716 734 471 126 765 3 669 703 Non-financial corporations 11 864 2 379 231 583 228 232 45 332 16 000 535 390 Banks 2 767 1 800 178 018 159 936 41 045 40 896 424 462 Other financial corporations 6 150 165 000 469 251 418 804 58 172 30 613 1 147 990 Central government and social security funds 62 482 0 31 755 68 405 517 448 21 770 701 860 Local government 82 796 19 340 103 202 66 699 30 250 1 240 303 527 Non-profit institutions serving households Households Rest of the world 112 536 328 716 168 640 42 224 12 247 552 475 Remaining maturity Outstanding amounts in total from debt securities issued in Norway 721 453 534 548 1 633 150 572 518 109 693 98 340 3 669 702 Non-financial corporations 75 173 68 191 274 186 100 991 4 200 12 650 535 391 Banks 57 980 68 708 194 577 60 146 2 155 40 896 424 462 Other financial corporations 267 408 284 993 517 353 39 942 9 280 29 013 1 147 989 Central government and social security funds 127 685 3 890 208 195 279 089 83 001 0 701 860 Local government 123 549 55 629 86 513 29 585 8 250 0 303 526 Non-profit institutions serving households 0 0 . . . . 0 Households 0 0 . . . . 0 Rest of the world 69 659 53 137 352 326 62 765 2 807 11 782 552 476 Explanation of symbolsDownload table as ... - Outstanding amounts from debt securities issued abroad by domestic borrowing sectors and maturity. Outstanding amounts at face value in NOK million.Download table as ...Outstanding amounts from debt securities issued abroad by domestic borrowing sectors and maturity. Outstanding amounts at face value in NOK million.
<= 1 year > 1 year <= 2 years > 2 years <= 5 years > 5 years <= 10 years > 10 years <= 20 years > 20 years Total Original maturity Outstanding amounts in total from debt securities issued by Norwegian entities abroad 342 170 10 283 699 342 962 359 319 615 195 035 2 528 804 Non-financial corporations 7 539 0 42 111 260 140 167 361 222 572 606 517 Banks 315 382 2 397 194 695 120 791 13 579 6 865 653 709 Other financial corporations 19 249 7 886 462 536 581 428 138 675 58 801 1 268 575 Remaining maturity Outstanding amounts in total from debt securities issued by Norwegian entities abroad 659 452 363 570 951 590 395 041 107 201 51 949 2 528 803 Non-financial corporations 65 799 47 378 198 665 191 308 65 703 37 664 606 517 Banks 397 773 85 788 156 843 7 309 4 863 1 132 653 708 Other financial corporations 195 880 230 404 596 081 196 423 36 635 13 152 1 278 363 Explanation of symbolsDownload table as ...
About the statistics
The information under «About the statistics» was last updated 28 October 2025.
Euronext Securities Oslo (formerly Verdipapirsentralen) is the Central Security Depository in Norway. It handles the settlement of transactions in securities and the registration of ownership rights over securities in Norway.
Types of securities:
Listed shares entails shares listed for trade at Euronext Oslo Børs (OSE), Euronext Expand Oslo or Euronext Growth Oslo.
Unlisted shares entails shares not listed for trade at an exchange, do not have a listed market price, and are therefore usually less liquid.
Equity certificates are special kind of equity instrument issued by savings banks and mutual insurance companies. Equity certificates are very similar to shares, but differ with regards to ownership rights and influence in the company.
Long-term debt securities are debt securities with a duration longer than one year that can be divided between several lenders as standardized partial long-term debt securities without the borrower's approval. A long-term debt security is a negotiable financial instrument.
Short-term debt securities are debt securities with duration less than one year.
An issue is the opening of a new loan.
The issuer is the institutional owner who raised the loan and registers it in his balance sheet (the original borrower). The institutional owner is not always an individual legal entity.
The borrower is the institution registering the loan in his balance sheet. This institution may differ from the issuing institution as a result of mergers, demergers, bankruptcies etc.
Valuation:
The market values of the stocks of securities in Norway are determined by available prices. For listed securities, they will mainly be market prices from the Oslo Stock Exchange and Euronext.
Transaction prices are based upon information about actual payments registered in Euronext Securities Oslo, or calculated amounts if no actual payments are available. Where no actual payments are specified, market prices from OSE are used for individual trading dates in order to determine traded amounts for transactions.
Dividends/coupon payments are actual paid out amounts during a period.
Net purchases are defined as purchases and issues of securities less sales and redemptions of securities.
Sector and industry categorization information is based on what is registered at the Coordinating Register for Legal Entities Enterprises. This classification is based on international requirements in SNA2008 (System of National Accounts)/ ESA2010 (European System of Accounts) and NACE Rev.2 (European Classification of Economic Activities).
ISIN is an abbreviation for International Securities Identification Number and is a code that uniquely identifies a specific security. It is assigned by the Norwegian Central Securities Depository and based on the international standard ISO 6166:2001.
CFI is an abbreviation for Classification of Financial Instruments and is based on the international standard ISO 10962:2001. The Norwegian Central Securities Depository is responsible for the assignment of CFI codes.
Name: Securities
Topic: Banking and financial markets
Division for Financial Markets Statistics
National level, no regional divisions.
Quarterly. Normally published 6-7 weeks after the end of the statistics quarter
BIS - Bank for International Settlements
Time series are stored in a database solution.
The statistics consists of data from the previously published statistics, “Debt securities” and “ Securities registered with the Norwegian Central Securities Depository”, published as " Securities" as of Q1 2016. "Securities"' data series go back to Q4 2014, while older data series can be found by use of the statistics "Debt Securities" and "Securities registered within The Norwegian Central Securities Depository".
The purpose of the statistics is to provide a current overview of the issue and ownership of securities registered in Euronext Securities Oslo as well as Norwegian entities' debt securities abroad. Parts of the data basis are also input to the national accounts, balance of payments, financial sector accounts and credit indicators.
Figures for outstanding amounts of long-term debt securities are available back to 1899. Figures for issues of long-term debt securities are available back to 1914. Historical figures on nominal yields are available back to 1900.Figures for short-term debt securities are available back to 1985. Figures for issues outside Norway by residents are available back to 1988.
Details of figures on numbers of issues of debt securities in Norway are available from 1998, while details of figures on numbers of issues abroad are available from 2001.
Major users, in addition to Statistics Norway, are users representing the securities market, public authorities and research institutes.
No external users have access to the statistics before they are published and accessible simultaneously for all users on ssb.no. Prior to this, a minimum of three months' advance notice is given in the Statistics Release Calendar
The statistics is adjusted in accordance with the national accounts recommendations.
The Statistics Act § 10
Council regulation 2223/96
The statistics consists of data from the previously published statistics, “Debt securities” and “ Securities registered with the Norwegian Central Securities Depository”, published as " Securities "as of Q1 2016. The statistics presents stock and transaction data in face values as well as market values for the following types of securities registered in the Central Security Depository:
- All shares issued by public limited companies (PLC) and a share of private limited companies listed on Euronext Securities Oslo. Also included are a part of or the whole share capital of foreign registered Companies.
- Equity certificates, including all equity certificates listed on Euronext Securities Oslo.
- Bonds, including all bonds of short- or long maturity issued in Norway in NOK or foreign currency. Bonds in foreign currency are included in the statistics from the 4th quarter of 2006.
- Short-term debt securities issued in Norway in NOK or foreign currency, including treasury bills issued by the Norwegian state since July 2000. Short-term debt securities in foreign currency are included in the statistics from the 4th quarter of 2006.
In addition, the statistics have information about issues and outstanding amounts in nominal values from debt securities issued by Norwegian entities abroad.
For all debt securities issued in Norway and abroad, the statistics also have information about numbers of issues and the link between outstanding amounts, issues, redemptions and changes in outstanding amounts caused by changes in sector classification and exchange rates in nominal values. From 2013, debt securities that have been converted into shares or other types of loans are included as "Changes in sector classification and exchange rates".
Full sample. Information from Euronext Securities Oslo, Oslo Børs (OSE), Norwegian Trustee and forms (RA-0622) contending details from issues sent to Statistics Norway.
Extracts of primary data from securities in Norway are received monthly from Euronext Securities Oslo. Market values and transaction information are received currently from Euronext Securities Oslo and Euronext. Exchange rate information is received by the Norges Bank. Data from debt securities issued by Norwegian entities abroad are sent by issuers to Statistics Norway every month by use of a form (RA-0622).
Data is controlled at an individual security level (ISIN level) against previous reported periods. The development in the value of listed shares and bonds is revised against data published by Euronext. Figures for outstanding debts are co-ordinated with the accounting statistics. Details of debt securities issued by residents abroad are also controlled against data reported to the BIS and other national and international registers.
Data series are revised on an ongoing basis and published together with data for the new statistical period.
Not relevant
Statistics Norway's standard confidentiality rules apply.
All "Securities"' data series go back to Q4 2014,while older data series can be found by use of the statistics "Debt Securities" and "Securities registered within The Norwegian Central Securities Depository".
Changes in legislation, changes in regulations for registration requirements in Euronext Securities Oslo, and the introduction of new classification standards may lead to interrupted time series.
2006: Adjustment in securities statistics:
An change in the statistics to a more detailed reporting in the 4th quarter of 2006, means that the sector and industry categorization is based on information from the Central Coordinating Register for Legal Entities Enterprises, and no longer from the Central Security Depository (VPS) itself. This caused some changes in the ownership of some securities. The sectors “Other financial corporations” and “Other non-financial corporations” and “Local government and municipal enterprises” were significantly affected by this change.
Further, the adjustment in the statistics lead to more use of observed prices from transactions for calculation of market values of securities, which particularly improved the estimation in value of unlisted shares. Calculations showed that the total value of unlisted shares registered with the VPS increased by NOK 107 billion (64 per cent) as a consequence of changed method of calculation.
The adjustment of the securities statistics also meant that bonds issued in foreign currency was included in the statistics. This lead to a NOK 20 billion increase in the market value of the stocks of bonds.
Changes in the periodic distribution of issues and outstanding amounts of debt securities from 2007:
In publications up to 2007 and the statistics bank, the periodic distribution of issues and outstanding amounts of debt securities up to 2007 is based on information about the date of the loan's approvement. This date can deviate from the date of which an issue actually took place. The periodic deviation may cause marginal errors for total amounts, but errors may be more obvious at sector level. The periodic distribution of issues and outstanding amounts of debt securities in 2007 - 2011 is based on a combination of information about the date of the loan's approvement and issue dates. The periodic distribution of issues and outstanding amounts of debt securities from 2011 is based on details of actual issue dates whereby the distribution of issues and outstanding amounts for periods should be correct.
2012: New standard for sector classification was introduced.
A new institutional sector classification was introduced from January 2012. One of the most significant changes is that the demarcation between financial – and non-financial sector was shifted so that financial sector increased in size. In addition, some new financial sectors were introduced such as “investment trusts and private equity funds” and “financial holding companies”.
The introduction of the new sector classification leads to a break in the statistics. The new tables will contain data from the first quarter of 2012 and onwards. The older tables will not be updated with new time series.
2012: New divide between listed - and unlisted shares
From 2012 and onwards, the statistics the distinguishes between listed - and unlisted registered with the VPS. Listed shares entails shares registered for trade at the Oslo Stock Exchange or Oslo Axess.
From 2013, debt securities that have been converted into shares or other types of loans are included as "Changes in sector classification and exchange rates".
Updated information about debt securities:
Time series breaks may exist due to access to new information, alterations in the legal framework and in the registration rules of the Norwegian Central Securities Depository.
The tables are updated with figures for these new data from 2012.
2020: New divide between listed - and unlisted shares
From 2020 listed shares entails shares registered for trade at Euronext Oslo Børs, Euronext Expand Oslo or Euronext Growth Oslo.
To the degree that the fixed delivery from Euronext Securities Oslo contains errors or defects, this could affect the statistics. Processing and control routines have been established in order to detect and correct such errors and defects.
In cases where an owner of a security is registered on a nominee account of a financial enterprise, and in cases where different types lending of securities occur, others than the genuine owners will be registered in the VPS register. This can to some extent cause the application of sectors to owners of holdings and transactions to be imperfect.
In publications up to 2007 and the statistics bank, the periodic distribution of issues and outstanding amounts of debt securities up to 2007 is based on information about the date of the loan's approvement. This date can deviate from the date of which an issue actually took place. The periodic deviation may cause marginal errors for total amounts, but errors may be more obvious at sector level. The periodic distribution of issues and outstanding amounts of debt securities in 2007 - 2011 is based on a combination of information about the date of the loan's approvement and issue dates. The periodic distribution of issues and outstanding amounts of debt securities from 2011 is based on details of actual issue dates whereby the distribution of issues and outstanding amounts for periods should be correct.
The statistics on issues by Norwegian residents outside Norway is based on data reported to Norges Bank from the issuers. Unless all the issues are reported, the statistics will contain non-response errors. Due to non-response errors which have been discovered, figures for Norwegian entities' issues abroad were corrected in statistics published in Q3 and Q4 2013, Q3 2015 and Q1 2016.
Data may be revised in future publications.