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/en/offentlig-sektor/statistikker/folketrygdfond/halvaar
11304
Continued growth in total capital
statistikk
2008-03-28T10:00:00.000Z
Public sector
en
folketrygdfond, Government Pension Fund Norway (discontinued), National Insurance Scheme Fund, shares, interests, bank deposits, bonds, primary capital certificates, assets, liabilities, equityCentral government finances , Public sector
false

Government Pension Fund Norway (discontinued), 2nd half-year 2007

This statistics has been discontinued. Consult The Government Pension Fund.

 

The operational management of the Pension Fund Norway is carried out by the National Insurance Scheme Fund.

 

Content

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Continued growth in total capital

The Government Pension Fund - Norway’s total capital amounted to NOK 117.6 billion at the end of 2007. Compared with the end of 2006, this is an increase of NOK 8.4 billion, or 7.7 per cent.

The value of the portfolio of shares and other equity increased by NOK 6.7 billion, or 10.5 per cent. Moreover, the value of holdings of bonds increased by NOK 2.5 billion. The value of deposits decreased by NOK 2.1 billion, while commercial papers and other financial deposits increased by approximately NOK 1.4 billion compared with 2006.

Portfolio composition

The portfolio of shares and other equity had a market value of NOK 70.1 billion at the end of 2007. NOK 9.8 billion of this was invested in shares in the Nordic equity market1. The portfolio was invested mainly in central government and private non-financial enterprises, life insurance companies and commercial banks.

The portfolio of bonds had a market value of NOK 41.7 billion at the end of 2007. The portfolio was invested mainly in central government, commercial banks, savings banks, mortgage companies, central government and private non-financial enterprises and the foreign market.

At the end of 2007, the holdings of deposits, commercial papers and other financial assets had a value of NOK 5.7 billion.

1 Source: National Insurance Scheme fund, www.ftf.no

Government Pension Fund - Norway

The Government Pension Fund was established on 1 January 2006. The Fund is comprised of the Government Pension Fund - Global, which is a continuation of the Petroleum Fund, and the Government Pension Fund - Norway, previously known as the National Insurance Scheme fund. The operational management of the Government Pension Fund - Norway is carried out by Folketrygdfondet.

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