19780_not-searchable
/en/bank-og-finansmarked/statistikker/obligasjoner/aar
19780
Sharp increase in domestic bond debt
statistikk
2009-06-09T10:00:00.000Z
Banking and financial markets
en
obligasjoner, Debt securities, share issues, bonded debt, bonds, commercial paper debt, securities debtSecurities markets , Banking and financial markets
false

Debt securities2008

In May 2016, the Debt securities statistics were merged with the statistics for Securities registered with the Norwegian Central Securities Depository. The new merged statistics are known as the Securities statistics.

 

These are annual statistics with information relating to bonds.

Content

Published:

This is an archived release.

Go to latest release

Sharp increase in domestic bond debt

In 2008, the domestic bond debt increased by more than 20 per cent. At the end of the year, the value of the domestic bond debt amounted to NOK 933.8 billion. Major parts of the increase refer to mortgage companies’ issues of covered bonds in the fourth quarter of 2008.

Issues 2008. Per cent

Bond debts. 2004-2008. NOK million

In 2008, bonds were issued for NOK 286.0 billion in Norway. By groups of issuers, banks still dominate the market with NOK 100.7 billion. The ‘Mortgage companies’ sector, however, had a strong increase. Mortgage companies issued nearly twice their amount of issues in 2007 and the same value as the banks, NOK 97.4 million. A considerable share of the issues refers to covered bonds issued in the fourth quarter of 2008. These bonds may be exchanged with government securities in accordance with an authorisation from the Norwegian parliament to the Ministry of Finance in October 2008.

The central government and rest of the world debt amounted to 13 per cent and 12 per cent respectively of the total domestic bond debt in 2008.

The market value of the domestic bond debt was at about at the same level as the nominal value at the end of 2007, but was reduced to 95 per cent of the nominal value at the end of 2008.

Tables: