125761
/en/offentlig-sektor/statistikker/folketrygdfond/halvaar
125761
Increase in Government Pension Fund Norway
statistikk
2013-09-27T10:00:00.000Z
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)1st half-year 2013

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.

 

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Increase in Government Pension Fund Norway

At the end of the first half of 2013, the Government Pension Fund Norway was valued at NOK 160 billion.

Government Pension Fund Norway. Balance sheet
1st half year 20131st half year 2003
Million kronerPercentage of total assetsMillion kronerPercentage of total assets
1The Government Pension Fund - Norway's mandatory deposits with the Treasury was discontinued on 29 December 2006. The implication of this is a reduction in loans of NOK 101,8 billion and a convertion of loans of NOK 10 billion to bonds.
Deposits in total5 8103.61 5931.1
Commercial papers00.05 3213.6
Bonds163 08439.423 61615.9
Shares and other equity89 20355.722 73015.3
Loans100.084 64957.1
Other financial assets2 1461.310 4057.0
Non-financial assets00.000.0
Total assets160 243100.0148 314100.0
Figure 1. Government pension fund Norway, total assets

Since the end of June last year, the value of the Fund’s bond portfolio has increased by 22.6 per cent, from NOK 51 billion to NOK 63 billion. During the same period, the value of the Fund’s shares and other equity has increased by 8.5 per cent, from NOK 82 billion to NOK 89 billion. In addition to bonds and shares, the Fund had bank deposits of NOK 6 billion and other financial assets valued at NOK 2 billion at the end of the first half of 2013. These sums have decreased by 41.8 and 3.2 per cent respectively from the end of June 2012.

The Fund had liabilities of NOK 9 billion at the end of the first half of this year. This is NOK 1 billion less than at the end of the first half of last year. The Fund’s equity now stands at NOK 151 billion; 9.9 per cent more than at the same time last year.