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
4th quarter 2024 3rd quarter 2025 4th quarter 2025 Changes in per cent 3rd quarter 2025 - 4th quarter 2025 4th quarter 2024 - 4th quarter 2025 Stocks (market value) Shares (listed) 3 679 3 931 3 985 1.4 8.3 Equity certificates 127 148 161 8.6 26.3 Long-term debt securities 3 194 3 347 3 397 1.5 6.3 Short-term debt securities 146 159 156 -1.5 7.3 Total 7 146 7 584 7 698 1.5 7.7 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
4th quarter 2025 Shares (listed) Equity certificates Long-term debt securities Short-term debt securities Total 3 984 897 160 598 3 396 601 156 157 Non-financial corporations 558 242 17 859 64 233 29 397 Public unincorporated enterprises, owned by central government 0 0 0 0 Public incorporated enterprises, owned by central government 16 109 7 11 729 26 066 Public unincorporated enterprises, owned by local government 6 0 55 0 Public incorporated enterprises, owned by local government 471 92 16 274 3 300 Private non-financial incorporated enterprises 541 416 17 647 32 874 31 Private non-financial unincorporated enterprises 89 21 3 0 Private non-profit institutions serving enterprises 151 92 3 298 0 Financial corporations 559 937 81 010 1 729 326 86 120 Norges Bank 0 0 0 0 Banks 15 069 2 737 741 132 21 357 Mortgage companies 0 6 88 210 9 824 Finance companies 0 0 174 0 State lending institutions etc. 0 0 0 0 Financial holding companies 2 012 4 1 532 0 Mutual funds 294 180 16 288 298 861 29 731 Alternative investment funds (AIF) excluding mutal funds 6 889 543 1 506 0 Other financial enterprises, except insurance companies and pension funds 208 746 54 647 13 665 6 168 Life insurance companies and pension funds 31 972 6 358 507 729 14 389 Non-life insurance companies 1 069 427 76 516 4 652 General government 1 070 798 314 157 450 16 493 Central government 1 070 538 2 149 061 16 493 Local government 261 311 8 389 0 Non-profit institutions serving households 9 289 7 180 7 177 0 Households 200 566 24 542 8 744 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. 200 548 24 540 8 742 0 Rest of the world 1 585 975 29 677 1 429 657 24 147 Unspecified sector 89 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
4th quarter 2025 Shares (listed) Equity certificates Long-term debt securities issued in Norway Short-term debt securities issued in Norway Total 1 506 1 486 39 727 -2 585 Non-financial corporations 2 340 -174 7 251 2 039 Public unincorporated enterprises, owned by central government 0 0 0 0 Public incorporated enterprises, owned by central government 4 189 0 1 217 895 Public unincorporated enterprises, owned by local government 0 0 -5 0 Public incorporated enterprises, owned by local government 16 -1 3 412 1 145 Private non-financial incorporated enterprises -1 299 -169 2 532 0 Private non-financial unincorporated enterprises -568 0 0 0 Private non-profit institutions serving enterprises 2 -3 94 0 Financial corporations 9 244 261 -26 282 -3 843 Norges Bank 0 0 0 0 Banks -2 315 2 -24 598 -5 162 Mortgage companies 0 0 724 739 Finance companies 0 0 0 0 State lending institutions etc. 0 0 0 0 Financial holding companies 337 0 -1 440 0 Mutual funds 8 446 -235 692 1 193 Alternative investment funds (AIF) excluding mutal funds 521 -56 100 -5 Other financial enterprises, except insurance companies and pension funds 1 768 596 -686 -280 Life insurance companies and pension funds 408 -21 -665 -2 030 Non-life insurance companies 79 -26 -409 1 702 General government 1 978 -2 -2 317 1 862 Central government 1 991 0 -2 398 1 862 Local government -13 -2 81 0 Non-profit institutions serving households -95 795 156 0 Households 2 281 -189 144 0 Unincorporated enterprises within households -1 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. 2 282 -189 144 0 Rest of the world -14 244 794 60 774 -2 643 Unspecified sector 2 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
1st quarter 2025 2nd quarter 2025 3rd quarter 2025 4th quarter 2025 Total 45 958 108 641 32 144 37 025 Non-financial corporations 34 799 69 593 29 849 31 552 Public unincorporated enterprises, owned by central government 0 0 0 0 Public incorporated enterprises, owned by central government 21 302 18 944 9 536 17 774 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 13 497 50 649 20 313 13 778 Private non-financial unincorporated enterprises 0 0 0 0 Private non-profit institutions serving enterprises 0 0 0 0 Financial corporations 5 329 34 135 165 247 Norges Bank 0 0 0 0 Banks .. 28 534 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 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 Life insurance companies and pension funds 0 0 0 0 Non-life insurance companies 5 329 247 165 247 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 5 830 4 913 2 130 5 225 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
1st quarter 2025 2nd quarter 2025 3rd quarter 2025 4th quarter 2025 Total 45 958 108 641 32 144 37 025 Non-financial corporations 4 080 18 618 5 784 4 025 Public unincorporated enterprises, owned by central government 0 0 0 0 Public incorporated enterprises, owned by central government .. .. 0 0 Public unincorporated enterprises, owned by local government .. .. 0 0 Public incorporated enterprises, owned by local government .. 24 0 0 Private non-financial incorporated enterprises 4 079 18 587 5 782 4 024 Private non-financial unincorporated enterprises 1 2 0 0 Private non-profit institutions serving enterprises 1 5 1 1 Financial corporations 5 482 13 222 2 179 2 660 Norges Bank .. 1 0 0 Banks 54 171 46 76 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 Mutual funds 1 742 7 426 1 717 2 114 Alternative investment funds (AIF) excluding mutal funds 31 145 28 41 Other financial enterprises, except insurance companies and pension funds 3 390 4 607 193 189 Life insurance companies and pension funds 258 838 192 235 Non-life insurance companies 5 31 3 5 General government 16 410 28 135 7 794 12 552 Central government 16 408 28 126 7 793 12 551 Local government 1 9 1 2 Non-profit institutions serving households 38 315 40 47 Households 2 213 5 754 1 498 1 634 Unincorporated enterprises within households .. .. 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. 2 213 5 753 1 498 1 633 Rest of the world 17 709 42 547 14 819 16 076 Unspecified sector 27 51 30 30 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
4th quarter 2024 1st quarter 2025 2nd quarter 2025 3rd quarter 2025 4th quarter 2025 Debt securities issued in Norway Long-term debt securities issued in Norway 220 906 380 223 175 455 287 589 216 577 - domestic issuers 174 906 334 413 142 362 247 432 143 708 Short-term debt securities issued in Norway 74 731 95 021 96 010 85 021 79 112 - domestic issuers 74 731 95 021 96 010 85 021 79 112 Debt securities issued by Norwegian entities abroad Long-term debt securities issued abroad 88 732 146 290 111 694 44 726 101 347 Sertifikater emittert i utlandet 480 337 231 918 297 552 244 696 248 727 Non-financial corporations Long-term debt securities issued in Norway 21 549 62 495 31 560 30 901 42 405 Long-term debt securities issued abroad 21 316 11 609 14 243 0 15 934 Short-term debt securities issued in Norway 8 142 16 475 13 992 9 576 6 501 Short-term debt securities issued abroad 139 479 27 283 33 405 47 176 76 755 Financial corporations Long-term debt securities issued in Norway 122 941 197 276 61 652 180 710 71 452 Long-term debt securities issued abroad 67 415 134 682 97 452 44 726 85 414 Short-term debt securities issued in Norway 2 750 3 000 4 900 4 000 8 700 Short-term debt securities issued abroad 340 857 204 636 264 148 197 522 171 971 General government Long-term debt securities issued in Norway 30 416 74 641 49 150 35 821 29 852 Long-term debt securities issued abroad 0 0 0 0 0 Short-term debt securities issued in Norway 63 839 75 546 77 119 71 445 63 911 Short-term debt securities issued abroad 0 0 0 0 0 Rest of the world Long-term debt securities issued in Norway 46 000 45 810 33 093 40 157 72 868 Short-term debt securities issued in Norway 0 . . . . 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
4th quarter 2024 1st quarter 2025 2nd quarter 2025 3rd quarter 2025 4th quarter 2025 Debt securities issued in Norway Long-term debt securities issued in Norway 3 235 268 3 302 884 3 313 775 3 383 372 3 428 544 - domestic issuers 2 748 121 2 803 095 2 812 116 2 865 671 2 882 354 Stort-term debt securities issued in Norway 146 426 160 837 160 569 159 412 156 929 - domestic issuers 146 426 160 837 160 569 159 412 156 929 Debt securities issued by Norwegian entities abroad Long-term debt securities issued abroad 2 168 585 2 148 423 2 204 262 2 146 992 2 195 456 Stort-term debt securities issued abroad 505 717 342 629 362 188 349 047 347 252 Non-financial corporations Long-term debt securities issued in Norway 457 866 484 115 482 551 492 399 511 346 Long-term debt securities issued abroad 591 968 561 209 549 985 538 043 556 916 Stort-term debt securities issued in Norway 8 360 17 895 18 440 16 429 8 614 Stort-term debt securities issued abroad 47 073 11 130 2 380 17 615 2 477 Financial corporations Long-term debt securities issued in Norway 1 497 136 1 528 507 1 505 432 1 532 457 1 513 123 Long-term debt securities issued abroad 1 576 617 1 587 215 1 654 276 1 608 948 1 638 540 Stort-term debt securities issued in Norway 4 930 4 460 5 900 7 780 8 880 Stort-term debt securities issued abroad 458 644 331 499 359 808 331 432 344 776 Central government Long-term debt securities issued in Norway 789 120 786 473 820 134 836 817 853 884 Long-term debt securities issued abroad 0 0 0 0 0 Stort-term debt securities issued in Norway 133 137 138 483 136 230 135 204 139 435 Stort-term debt securities issued abroad 0 0 0 0 0 Rest of the world Long-term debt securities issued in Norway 487 147 499 789 501 659 517 701 546 190 Stort-term debt securities issued in Norway 0 . . . . 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
4th quarter 2025 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 6 038 825 645 763 -588 203 31 796 6 128 181 - Norwegian entitites 5 521 122 572 894 -540 542 28 517 5 581 991 Debt securities issued in Norway 3 542 784 295 689 -257 732 4 732 3 585 473 - Norwegian entitites 3 025 083 222 820 -210 069 1 449 3 039 283 Non-financial corporations Long-term debt securities issued in Norway 492 399 42 405 -24 369 911 511 346 Long-term debt securities issued abroad 538 043 15 934 -2 556 5 495 556 916 Short-term debt securities issued in Norway 16 429 6 501 -14 316 0 8 614 Short-term debt securities issued abroad 17 615 76 755 -91 836 -57 2 477 Financial corporations Long-term debt securities issued in Norway 1 532 457 71 452 -91 320 534 1 513 123 Long-term debt securities issued abroad 1 608 948 85 414 -73 795 17 973 1 638 540 Short-term debt securities issued in Norway 7 780 8 700 -7 600 0 8 880 Short-term debt securities issued abroad 331 432 171 971 -162 285 3 658 344 776 Central government Long-term debt securities issued in Norway 836 817 29 852 -12 785 0 853 884 Long-term debt securities issued abroad 0 0 0 0 0 Short-term debt securities issued in Norway 135 204 63 911 -59 679 -1 139 435 Short-term debt securities issued abroad 0 0 0 0 0 Rest of the world Long-term debt securities issued in Norway 517 701 72 868 -47 662 3 283 546 190 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 156 994 190 818 1 279 206 1 097 041 735 871 125 543 3 585 473 Non-financial corporations 8 614 2 523 232 105 216 512 43 897 16 308 519 959 Banks 1 180 1 050 173 180 156 828 41 088 40 991 414 317 Other financial corporations 7 700 165 000 431 447 414 927 57 817 30 794 1 107 685 Central government and social security funds 62 752 0 28 705 70 680 521 606 21 770 705 513 Local government 76 683 21 452 97 253 61 928 29 250 1 240 287 806 Non-profit institutions serving households Households Rest of the world 65 793 316 515 176 165 42 213 10 439 546 190 Remaining maturity Outstanding amounts in total from debt securities issued in Norway 671 234 585 321 1 592 472 562 501 76 828 97 116 3 585 472 Non-financial corporations 76 104 69 376 272 485 86 836 2 200 12 958 519 959 Banks 48 247 75 861 192 556 54 800 1 865 40 989 414 318 Other financial corporations 259 053 251 050 513 606 45 001 9 780 29 194 1 107 684 Central government and social security funds 113 210 64 628 200 970 273 379 53 326 0 705 513 Local government 122 962 47 143 81 566 28 886 7 250 0 287 807 Non-profit institutions serving households 0 0 . . . . 0 Households 0 0 . . . . 0 Rest of the world 51 658 77 263 331 288 73 599 2 407 9 974 546 189 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 347 252 8 842 702 905 953 861 337 971 191 878 2 542 709 Non-financial corporations 2 477 0 24 439 234 359 175 442 207 404 559 394 Banks 338 970 2 781 199 824 126 963 15 198 7 248 690 984 Other financial corporations 5 806 6 061 478 642 592 539 147 331 61 953 1 292 332 Remaining maturity Outstanding amounts in total from debt securities issued by Norwegian entities abroad 679 317 287 418 1 009 461 394 637 117 858 54 017 2 542 708 Non-financial corporations 51 677 46 651 165 388 183 226 73 332 39 120 559 394 Banks 414 282 69 878 192 613 8 964 4 050 1 196 690 983 Other financial corporations 213 360 170 888 651 459 202 447 40 476 13 701 1 302 479 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.