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
2nd quarter 2025 1st quarter 2026 2nd quarter 2026 Changes in per cent 1st quarter 2026 - 2nd quarter 2026 2nd quarter 2025 - 2nd quarter 2026 Stocks (market value) Shares (listed) 3 978 4 930 4 346 -11.8 9.2 Equity certificates 146 161 152 -5.7 4.1 Long-term debt securities 3 282 3 458 3 608 4.3 10.0 Short-term debt securities 160 165 244 47.7 52.8 Total 7 565 8 714 8 350 -4.2 10.4 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
2nd quarter 2026 Shares (listed) Equity certificates Long-term debt securities Short-term debt securities Total 4 345 943 151 533 3 608 314 244 151 Non-financial corporations 555 701 17 276 61 673 16 055 Public unincorporated enterprises, owned by central government 0 0 0 0 Public incorporated enterprises, owned by central government 22 949 7 6 585 14 258 Public unincorporated enterprises, owned by local government 6 0 62 0 Public incorporated enterprises, owned by local government 549 78 21 445 1 747 Private non-financial incorporated enterprises 531 987 17 081 30 618 50 Private non-financial unincorporated enterprises 80 20 1 0 Private non-profit institutions serving enterprises 131 91 2 963 0 Financial corporations 574 231 77 383 1 811 640 172 849 Norges Bank 0 0 0 14 897 Banks 20 123 2 480 774 312 87 164 Mortgage companies 0 7 104 992 15 098 Finance companies 0 0 75 0 State lending institutions etc. 0 0 0 0 Financial holding companies 1 143 5 2 806 0 Mutual funds 317 114 15 709 330 001 27 814 Alternative investment funds (AIF) excluding mutal funds 7 611 432 1 532 30 Other financial enterprises, except insurance companies and pension funds 194 612 52 546 15 936 6 415 Life insurance companies and pension funds 32 665 6 069 504 261 18 972 Non-life insurance companies 963 136 77 726 2 459 General government 1 241 248 309 181 473 18 946 Central government 1 240 992 3 172 730 18 946 Local government 256 306 8 743 0 Non-profit institutions serving households 9 789 5 551 7 670 0 Households 209 284 23 667 8 511 0 Unincorporated enterprises within households 20 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. 209 264 23 665 8 509 0 Rest of the world 1 755 618 27 332 1 537 333 36 301 Unspecified sector 71 15 14 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
2nd quarter 2026 Shares (listed) Equity certificates Long-term debt securities issued in Norway Short-term debt securities issued in Norway Total 41 018 409 133 816 78 963 Non-financial corporations 9 535 32 -2 188 -9 584 Public unincorporated enterprises, owned by central government 0 0 0 0 Public incorporated enterprises, owned by central government -208 0 -2 885 -8 602 Public unincorporated enterprises, owned by local government 0 0 2 0 Public incorporated enterprises, owned by local government 1 -1 1 467 -1 012 Private non-financial incorporated enterprises 9 748 31 -681 30 Private non-financial unincorporated enterprises 3 0 -1 0 Private non-profit institutions serving enterprises -8 2 -89 0 Financial corporations 10 519 745 78 076 81 019 Norges Bank 0 0 0 15 493 Banks -3 003 69 65 384 56 782 Mortgage companies 0 0 -1 172 6 050 Finance companies 0 0 -98 0 State lending institutions etc. 0 0 0 0 Financial holding companies -1 340 0 798 0 Mutual funds 15 257 504 19 266 610 Alternative investment funds (AIF) excluding mutal funds 553 -72 92 -20 Other financial enterprises, except insurance companies and pension funds -3 275 193 1 431 272 Life insurance companies and pension funds 2 341 59 -9 637 3 192 Non-life insurance companies -13 -7 2 013 -1 359 General government 23 332 2 8 683 3 023 Central government 23 335 0 8 366 3 023 Local government -3 2 317 0 Non-profit institutions serving households 626 216 425 0 Households 5 713 -111 63 0 Unincorporated enterprises within households 2 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. 5 711 -111 63 0 Rest of the world -8 710 -475 48 756 4 505 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
3rd quarter 2025 4th quarter 2025 1st quarter 2026 2nd quarter 2026 Total 32 144 37 025 28 287 126 671 Non-financial corporations 29 849 31 552 23 945 71 881 Public unincorporated enterprises, owned by central government 0 0 0 0 Public incorporated enterprises, owned by central government 9 536 17 774 8 796 20 836 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 20 313 13 778 15 149 51 045 Private non-financial unincorporated enterprises 0 0 0 0 Private non-profit institutions serving enterprises 0 0 0 0 Financial corporations 165 247 495 42 527 Norges Bank 0 0 0 0 Banks 0 0 0 31 347 Mortgage companies 0 0 0 0 Finance companies 0 0 0 0 State lending institutions etc. 0 0 0 0 Financial holding companies 0 0 0 2 276 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 0 0 0 995 Life insurance companies and pension funds 0 0 0 0 Non-life insurance companies 165 247 495 7 909 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 2 130 5 225 3 847 12 263 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
3rd quarter 2025 4th quarter 2025 1st quarter 2026 2nd quarter 2026 Total 32 144 37 025 28 287 126 671 Non-financial corporations 5 784 4 025 3 635 16 761 Public unincorporated enterprises, owned by central government 0 0 0 0 Public incorporated enterprises, owned by central government 0 0 0 1 Public unincorporated enterprises, owned by local government 0 0 0 0 Public incorporated enterprises, owned by local government 0 0 0 16 Private non-financial incorporated enterprises 5 782 4 024 3 635 16 736 Private non-financial unincorporated enterprises 0 0 0 3 Private non-profit institutions serving enterprises 1 1 0 6 Financial corporations 2 179 2 660 1 804 20 861 Norges Bank 0 0 0 0 Banks 46 76 52 286 Mortgage companies 0 0 0 0 Finance companies 0 0 0 0 State lending institutions etc. 0 0 0 0 Financial holding companies 0 0 0 1 Mutual funds 1 717 2 114 1 428 8 962 Alternative investment funds (AIF) excluding mutal funds 28 41 31 211 Other financial enterprises, except insurance companies and pension funds 193 189 140 10 397 Life insurance companies and pension funds 192 235 151 974 Non-life insurance companies 3 5 2 31 General government 7 794 12 552 7 082 32 059 Central government 7 793 12 551 7 081 32 050 Local government 1 2 1 9 Non-profit institutions serving households 40 47 25 317 Households 1 498 1 634 1 299 7 470 Unincorporated enterprises within households 0 0 0 1 Private non-financial unincorporated enterprises inclusive housing cooperatives etc. 0 0 0 0 Employees, recipients of property income, pensions and social contributions, students etc. 1 498 1 633 1 299 7 469 Rest of the world 14 819 16 076 14 406 49 079 Unspecified sector 30 30 35 125 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
2nd quarter 2025 3rd quarter 2025 4th quarter 2025 1st quarter 2026 2nd quarter 2026 Debt securities issued in Norway Long-term debt securities issued in Norway 175 455 287 589 216 577 354 367 313 657 - domestic issuers 142 362 247 432 143 708 314 071 231 005 Short-term debt securities issued in Norway 96 010 85 021 79 112 100 646 219 788 - domestic issuers 96 010 85 021 79 112 100 646 219 788 Debt securities issued by Norwegian entities abroad Long-term debt securities issued abroad 111 694 44 726 101 347 127 398 127 972 Sertifikater emittert i utlandet 297 552 244 696 248 727 225 643 188 705 Non-financial corporations Long-term debt securities issued in Norway 31 560 30 901 42 405 45 045 43 332 Long-term debt securities issued abroad 14 243 0 15 934 12 497 22 028 Short-term debt securities issued in Norway 13 992 9 576 6 501 8 974 14 221 Short-term debt securities issued abroad 33 405 47 176 76 755 84 540 35 666 Financial corporations Long-term debt securities issued in Norway 61 652 180 710 71 452 199 108 134 015 Long-term debt securities issued abroad 97 452 44 726 85 414 114 903 105 945 Short-term debt securities issued in Norway 4 900 4 000 8 700 6 470 115 300 Short-term debt securities issued abroad 264 148 197 522 171 971 141 103 153 039 General government Long-term debt securities issued in Norway 49 150 35 821 29 852 69 917 53 658 Long-term debt securities issued abroad 0 0 0 0 0 Short-term debt securities issued in Norway 77 119 71 445 63 911 85 202 90 268 Short-term debt securities issued abroad 0 0 0 0 0 Rest of the world Long-term debt securities issued in Norway 33 093 40 157 72 868 40 296 82 652 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
2nd quarter 2025 3rd quarter 2025 4th quarter 2025 1st quarter 2026 2nd quarter 2026 Debt securities issued in Norway Long-term debt securities issued in Norway 3 313 775 3 383 372 3 428 544 3 503 645 3 645 928 - domestic issuers 2 812 116 2 865 671 2 882 354 2 951 169 3 023 547 Stort-term debt securities issued in Norway 160 569 159 412 156 929 166 058 245 317 - domestic issuers 160 569 159 412 156 929 166 058 245 317 Debt securities issued by Norwegian entities abroad Long-term debt securities issued abroad 2 204 262 2 146 992 2 195 456 2 186 633 2 223 648 Stort-term debt securities issued abroad 362 188 349 047 347 252 342 170 307 594 Non-financial corporations Long-term debt securities issued in Norway 482 551 492 399 511 346 523 526 545 130 Long-term debt securities issued abroad 549 985 538 043 556 916 598 980 581 972 Stort-term debt securities issued in Norway 18 440 16 429 8 614 11 864 17 919 Stort-term debt securities issued abroad 2 380 17 615 2 477 7 539 4 870 Financial corporations Long-term debt securities issued in Norway 1 505 432 1 532 457 1 513 123 1 563 535 1 579 177 Long-term debt securities issued abroad 1 654 276 1 608 948 1 638 540 1 587 653 1 641 675 Stort-term debt securities issued in Norway 5 900 7 780 8 880 8 917 82 380 Stort-term debt securities issued abroad 359 808 331 432 344 776 334 631 302 724 Central government Long-term debt securities issued in Norway 820 134 836 817 853 884 860 109 895 241 Long-term debt securities issued abroad 0 0 0 0 0 Stort-term debt securities issued in Norway 136 230 135 204 139 435 145 278 145 019 Stort-term debt securities issued abroad 0 0 0 0 0 Rest of the world Long-term debt securities issued in Norway 501 659 517 701 546 190 552 475 622 381 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
2nd 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 6 198 507 850 124 -640 204 14 061 6 422 488 - Norwegian entitites 5 646 030 767 470 -620 464 7 070 5 800 106 Debt securities issued in Norway 3 669 703 533 445 -319 380 7 477 3 891 245 - Norwegian entitites 3 117 227 450 793 -299 641 485 3 268 864 Non-financial corporations Long-term debt securities issued in Norway 523 526 43 332 -22 619 891 545 130 Long-term debt securities issued abroad 598 980 22 028 -24 274 -14 762 581 972 Short-term debt securities issued in Norway 11 864 14 221 -8 166 0 17 919 Short-term debt securities issued abroad 7 539 35 666 -38 274 -61 4 870 Financial corporations Long-term debt securities issued in Norway 1 563 535 134 015 -117 966 -407 1 579 177 Long-term debt securities issued abroad 1 587 653 105 945 -69 417 17 494 1 641 675 Short-term debt securities issued in Norway 8 917 115 300 -41 837 0 82 380 Short-term debt securities issued abroad 334 631 153 039 -188 859 3 913 302 724 Central government Long-term debt securities issued in Norway 860 109 53 658 -18 526 0 895 241 Long-term debt securities issued abroad 0 0 0 0 0 Short-term debt securities issued in Norway 145 278 90 268 -90 527 0 145 019 Short-term debt securities issued abroad 0 0 0 0 0 Rest of the world Long-term debt securities issued in Norway 552 475 82 652 -19 739 6 993 622 381 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 247 342 184 483 1 430 441 1 126 939 773 116 128 924 3 891 245 Non-financial corporations 19 944 1 663 247 047 232 331 47 042 15 022 563 049 Banks 81 105 1 730 176 416 166 331 41 029 41 906 506 492 Other financial corporations 3 300 165 000 479 248 417 197 58 672 31 647 1 155 064 Central government and social security funds 66 477 0 33 105 66 305 549 753 22 465 738 105 Local government 78 542 15 466 109 371 67 286 30 250 1 240 302 155 Non-profit institutions serving households Households Rest of the world 0 624 385 254 177 488 46 370 12 644 622 380 Remaining maturity Outstanding amounts in total from debt securities issued in Norway 753 598 632 966 1 682 298 634 987 87 126 100 269 3 891 244 Non-financial corporations 84 966 73 719 290 331 97 661 4 700 11 672 563 049 Banks 136 903 75 063 187 421 64 249 950 41 906 506 492 Other financial corporations 209 758 302 246 552 172 50 752 10 090 30 047 1 155 065 Central government and social security funds 128 480 58 580 165 325 327 769 57 951 0 738 105 Local government 119 793 56 082 87 968 30 062 8 250 0 302 155 Non-profit institutions serving households 0 0 . . . . 0 Households 0 0 . . . . 0 Rest of the world 73 700 67 277 399 081 64 494 5 185 12 644 622 381 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 307 594 10 172 751 225 926 182 329 986 206 081 2 531 240 Non-financial corporations 4 870 0 35 937 231 969 174 224 226 146 586 844 Banks 277 209 1 740 211 207 133 944 13 582 6 919 644 601 Other financial corporations 25 515 8 432 504 081 560 269 142 181 59 321 1 299 799 Remaining maturity Outstanding amounts in total from debt securities issued by Norwegian entities abroad 588 220 386 466 1 006 227 381 595 109 983 58 750 2 531 241 Non-financial corporations 49 857 60 303 170 959 192 377 66 602 46 746 586 844 Banks 351 504 76 588 181 191 29 386 4 789 1 142 644 600 Other financial corporations 186 859 249 576 654 077 159 832 38 591 10 862 1 307 266 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.