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Pension funds, 2007
9 Municipal pension funds. Holdings of bonds by issuing sector1. 31 December. NOK Million
Sector 2002 2003 2004 2005 2006 2007*
     
Total 10 827 13 405 15 638 17 001 18 467 19 359
     
General government 3 280 4 087 4 934 5 647 4 619 4 217
Central government 1 681 2 373 3 086 3 816 2 838 2 058
County municipalities 313 328 313 262 292 548
Municipalities 1 286 1 386 1 535 1 569 1 489 1 612
     
Financial enterprises 4 660 6 069 7 648 8 489 10 554 10 867
State lending institutions .. .. .. .. 22 5
Banks 2 331 3 550 5 021 5 853 7 486 7 696
Mortgage companies 1 967 2 016 2 433 2 346 2 635 2 770
Finance companies 55 49 1 43 66 113
Unit trusts (UK)/Mutual funds (US) .. .. .. .. .. ..
Other financial enterprises 280 454 172 232 331 218
Life insurance companies etc. .. .. 15 15 .. 23
Non-life insurance companies .. .. .. .. .. ..
Financial auxiliaries 27 .. 5 .. 13 42
     
Non-financial enterprises 2 597 2 541 2 183 1 745 1 849 2 010
Central government enterprises .. 29 .. 38 47 ..
Other state enterprises 1 487 1 155 917 694 641 597
Municipal enterprises 450 520 499 329 293 287
Private incorporated companies 660 838 767 684 852 1 127
Private non-profit institutions .. .. .. .. 17 ..
     
Household etc. 14 .. .. 4 5 5
Quasi-corporated private enterprises (i.e. partnership companies, joint ownership etc.) .. .. .. 4 .. ..
Private non-profit institutions serving households 5 .. .. .. 5 5
Unincorporated private enterprises .. .. .. .. .. ..
Households of employees .. .. .. .. .. ..
Unspecified sector 9 .. .. .. .. ..
     
Rest of the world 276 707 872 1 116 1 441 2 260

1The value of investments deviates from the value of investments in the balance sheet due to different principle of valuations

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