Debt securities, 2008

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:

• Table 1 Domestic bond debts, 31 December 2007 and 2008. Issues, payments and other changes (gross), by issuing sector. Nominal value. NOK million
• Table 2 Domestic bond debts, by issuing sector. Nominal value and weighted nominal interest rate. 31 December 2006, 2007 and 2008. NOK million and per cent
• Table 3 Domestic bond issues, by issuing sector and weighted nominal interest rates. 2006, 2007 and 2008. NOK million and per cent
• Table 4 Domestic bond debts, by issuing sector. 31 December 1999-31 December 2008. Nominal value. NOK million
• Table 5 Domestic bond debts, by issuing sector. 31 December 1999-31 December 2008. Market value. NOK million
• Table 6 Domestic bond issues, by issuing sector. 31 December 1999-31 December 2008. Nominal value. NOK million
• Table 7 Bonds issued in Norway per 31 December 2008
• Table 8 Bonds with changes in issuer name, sector or organisation number since 2007