Statistikk innhold
Statistics about
Securities
The securities statistics provide a current overview of the issue and ownership of securities registered in VPS 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 this statistics
- Stocks of securities registered with Verdipapirsentralen by type of security. NOK billion and per centDownload table as ...Stocks of securities registered with Verdipapirsentralen by type of security. NOK billion and per cent
4th quarter 2023 3rd quarter 2024 4th quarter 2024 Changes in per cent 3rd quarter 2024 - 4th quarter 2024 4th quarter 2023 - 4th quarter 2024 Stocks (market value) Shares (listed) 3 914 3 701 3 679 -0.6 -6.0 Equity certificates 111 121 127 4.9 14.8 Long-term debt securities 2 884 3 087 3 194 3.5 10.8 Short-term debt securities 142 153 146 -4.9 2.6 Total 7 051 7 062 7 146 1.2 1.4 Explanation of symbolsDownload table as ... - Stocks of securities registered with Verdipapirsentralen, by holding sector and type of security. Market value. NOK millionDownload table as ...Stocks of securities registered with Verdipapirsentralen, by holding sector and type of security. Market value. NOK million
4th quarter 2024 Shares (listed) Equity certificates Long-term debt securities Short-term debt securities Total 3 679 271 127 154 3 194 071 145 556 Non-financial corporations 495 530 14 568 64 887 24 455 Public unincorporated enterprises, owned by central government 0 0 0 0 Public incorporated enterprises, owned by central government 19 152 6 17 291 21 874 Public unincorporated enterprises, owned by local government 5 0 50 0 Public incorporated enterprises, owned by local government 457 87 12 634 2 304 Private non-financial incorporated enterprises 475 722 14 380 31 785 276 Private non-financial unincorporated enterprises 73 18 2 0 Private non-profit institutions serving enterprises 121 78 3 125 0 Financial corporations 459 047 63 748 1 755 622 90 622 Norges Bank 9 0 0 0 Banks 11 108 2 530 768 822 19 642 Mortgage companies 0 6 106 091 12 537 Finance companies 0 0 981 35 State lending institutions etc. 0 0 0 0 Financial holding companies 1 741 4 599 0 Mutual funds 249 635 12 409 296 984 33 352 Alternative investment funds (AIF) excluding mutal funds 5 176 502 1 345 .. Other financial enterprises, except insurance companies and pension funds 160 107 43 025 11 343 7 551 Life insurance companies and pension funds 30 364 4 973 498 696 13 108 Non-life insurance companies 908 300 70 762 4 396 General government 1 079 662 261 156 741 15 733 Central government 1 079 411 2 148 301 15 730 Local government 251 259 8 441 3 Non-profit institutions serving households 8 105 5 521 6 262 39 Households 177 476 20 262 8 758 40 Unincorporated enterprises within households 15 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. 177 460 20 260 8 756 40 Rest of the world 1 459 317 22 779 1 201 785 14 666 Unspecified sector 135 15 14 0 Explanation of symbolsDownload table as ... - Net purchases of securities registered with Verdipapirsentralen, by purchasing sector and type of security. Market value. NOK millionDownload table as ...Net purchases of securities registered with Verdipapirsentralen, by purchasing sector and type of security. Market value. NOK million
4th quarter 2024 Shares (listed) Equity certificates Long-term debt securities issued in Norway Short-term debt securities issued in Norway Total 15 432 -8 483 104 293 -7 632 Non-financial corporations 6 778 -1 615 -1 342 -2 037 Public unincorporated enterprises, owned by central government 0 0 0 0 Public incorporated enterprises, owned by central government 5 692 .. 98 -3 482 Public unincorporated enterprises, owned by local government 0 0 -6 0 Public incorporated enterprises, owned by local government -95 -6 -642 1 501 Private non-financial incorporated enterprises 1 347 -1 600 -894 -56 Private non-financial unincorporated enterprises 5 -5 .. 0 Private non-profit institutions serving enterprises -170 -4 102 0 Financial corporations 16 271 -6 266 35 104 -4 334 Norges Bank .. 0 0 0 Banks 316 -968 65 472 -1 404 Mortgage companies 0 .. -3 291 425 Finance companies 0 0 807 35 State lending institutions etc. 0 0 0 0 Financial holding companies 289 .. -369 0 Mutual funds 3 778 -826 -31 349 -1 551 Alternative investment funds (AIF) excluding mutal funds 105 -77 80 -20 Other financial enterprises, except insurance companies and pension funds 11 576 -4 300 344 216 Life insurance companies and pension funds 212 -84 292 -2 234 Non-life insurance companies -5 -11 3 118 199 General government 643 -4 -716 2 070 Central government 672 0 -698 2 112 Local government -29 -4 -18 -42 Non-profit institutions serving households 290 -38 -47 39 Households 1 352 -1 204 -139 -18 Unincorporated enterprises within households 0 0 .. 0 Private non-financial unincorporated enterprises inclusive housing cooperatives etc. 0 .. 0 0 Employees, recipients of property income, pensions and social contributions, students etc. 1 352 -1 204 -139 -18 Rest of the world -9 906 644 71 433 -3 352 Unspecified sector 4 0 0 0 Explanation of symbolsDownload table as ... - Paid out dividends on listed shares registered with Verdipapirsentralen, by paying sector. NOK millionDownload table as ...Paid out dividends on listed shares registered with Verdipapirsentralen, by paying sector. NOK million
1st quarter 2024 2nd quarter 2024 3rd quarter 2024 4th quarter 2024 Total 45 719 126 305 43 604 65 567 Non-financial corporations 41 534 86 009 38 254 59 588 Public unincorporated enterprises, owned by central government 0 0 0 0 Public incorporated enterprises, owned by central government 27 849 30 132 20 518 28 624 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 13 686 55 877 17 736 30 964 Private non-financial unincorporated enterprises 0 0 0 0 Private non-profit institutions serving enterprises 0 0 0 0 Financial corporations 412 33 438 165 221 Norges Bank 0 0 0 0 Banks .. 26 546 .. .. Mortgage companies 0 0 0 0 Finance companies 0 0 0 0 State lending institutions etc. 0 0 0 0 Financial holding companies .. 1 817 .. .. 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 .. 535 .. 221 Life insurance companies and pension funds 0 0 0 0 Non-life insurance companies 412 4 540 165 .. 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 3 772 6 859 5 185 5 758 Explanation of symbolsDownload table as ... - Paid out dividends on listed shares registered with Verdipapirsentralen, by receiving sector. NOK millionDownload table as ...Paid out dividends on listed shares registered with Verdipapirsentralen, by receiving sector. NOK million
1st quarter 2024 2nd quarter 2024 3rd quarter 2024 4th quarter 2024 Total 45 719 126 305 43 604 65 567 Non-financial corporations 3 951 18 678 7 155 11 678 Public unincorporated enterprises, owned by central government 0 0 0 0 Public incorporated enterprises, owned by central government .. .. .. .. Public unincorporated enterprises, owned by local government .. .. .. .. Public incorporated enterprises, owned by local government .. 18 .. .. Private non-financial incorporated enterprises 3 932 18 566 7 137 11 675 Private non-financial unincorporated enterprises 1 2 1 1 Private non-profit institutions serving enterprises 18 92 18 1 Financial corporations 2 355 16 984 2 923 4 659 Norges Bank .. 1 .. .. Banks 49 244 88 123 Mortgage companies 0 0 0 0 Finance companies 0 0 0 0 State lending institutions etc. 0 0 0 0 Financial holding companies .. .. .. .. Mutual funds 1 809 8 985 2 068 3 569 Alternative investment funds (AIF) excluding mutal funds 30 156 35 45 Other financial enterprises, except insurance companies and pension funds 245 6 680 486 508 Life insurance companies and pension funds 217 886 242 407 Non-life insurance companies 4 32 5 7 General government 20 844 37 205 15 704 22 140 Central government 20 843 37 195 15 703 22 138 Local government 1 10 1 2 Non-profit institutions serving households 31 261 35 62 Households 1 686 5 383 1 782 3 408 Unincorporated enterprises within households .. .. .. .. Private non-financial unincorporated enterprises inclusive housing cooperatives etc. 0 0 0 0 Employees, recipients of property income, pensions and social contributions, students etc. 1 686 5 382 1 782 3 408 Rest of the world 16 828 47 749 15 953 23 578 Unspecified sector 24 46 51 42 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
4th quarter 2023 1st quarter 2024 2nd quarter 2024 3rd quarter 2024 4th quarter 2024 Debt securities issued in Norway Long-term debt securities issued in Norway 207 468 246 806 225 190 157 236 220 906 - domestic issuers 174 436 229 212 173 340 123 122 174 906 Short-term debt securities issued in Norway 71 089 96 344 95 508 83 541 74 731 - domestic issuers 71 089 96 344 95 278 83 541 74 731 Debt securities issued by Norwegian entities abroad Long-term debt securities issued abroad 97 575 102 140 98 420 34 454 88 732 Sertifikater emittert i utlandet 512 976 190 492 180 325 353 682 480 337 Non-financial corporations Long-term debt securities issued in Norway 18 452 21 806 49 694 35 350 21 549 Long-term debt securities issued abroad 33 560 17 331 17 292 599 21 316 Short-term debt securities issued in Norway 10 763 12 011 17 813 10 573 8 142 Short-term debt securities issued abroad 129 365 55 688 38 695 44 940 139 479 Financial corporations Long-term debt securities issued in Norway 125 301 143 983 63 885 60 149 122 941 Long-term debt securities issued abroad 64 013 84 809 81 128 33 855 67 415 Short-term debt securities issued in Norway 2 480 3 370 700 1 360 2 750 Short-term debt securities issued abroad 383 611 134 803 141 630 308 742 340 857 General government Long-term debt securities issued in Norway 30 683 63 424 59 761 27 624 30 416 Long-term debt securities issued abroad 0 0 0 0 0 Short-term debt securities issued in Norway 57 846 80 963 76 766 71 608 63 839 Short-term debt securities issued abroad 0 0 0 0 0 Rest of the world Long-term debt securities issued in Norway 33 031 17 594 51 849 34 114 46 000 Short-term debt securities issued in Norway 0 0 230 0 0 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
4th quarter 2023 1st quarter 2024 2nd quarter 2024 3rd quarter 2024 4th quarter 2024 Debt securities issued in Norway Long-term debt securities issued in Norway 2 933 156 2 998 786 3 068 845 3 117 835 3 235 268 - domestic issuers 2 447 931 2 517 413 2 582 516 2 614 812 2 748 121 Stort-term debt securities issued in Norway 142 955 153 423 157 170 153 929 146 426 - domestic issuers 142 949 153 417 156 940 153 699 146 426 Debt securities issued by Norwegian entities abroad Long-term debt securities issued abroad 2 026 639 2 104 006 2 108 368 2 121 307 2 168 585 Stort-term debt securities issued abroad 465 098 398 011 330 589 414 030 505 717 Non-financial corporations Long-term debt securities issued in Norway 423 848 418 529 447 331 456 970 457 866 Long-term debt securities issued abroad 532 714 560 482 567 078 570 430 591 968 Stort-term debt securities issued in Norway 15 201 15 601 20 661 17 160 8 360 Stort-term debt securities issued abroad 19 600 4 718 2 064 11 806 47 073 Financial corporations Long-term debt securities issued in Norway 1 305 833 1 392 884 1 379 979 1 387 276 1 497 136 Long-term debt securities issued abroad 1 493 926 1 543 524 1 541 291 1 550 878 1 576 617 Stort-term debt securities issued in Norway 3 520 5 400 5 100 5 280 4 930 Stort-term debt securities issued abroad 445 498 393 293 328 525 402 224 458 644 Central government Long-term debt securities issued in Norway 714 251 702 000 751 207 766 567 789 120 Long-term debt securities issued abroad 0 0 0 0 0 Stort-term debt securities issued in Norway 124 229 132 417 131 180 131 259 133 137 Stort-term debt securities issued abroad 0 0 0 0 0 Rest of the world Long-term debt securities issued in Norway 485 225 481 373 486 329 503 023 487 147 Stort-term debt securities issued in Norway 5 6 230 230 0 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
4th quarter 2024 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 5 807 103 864 704 -701 122 85 313 6 055 998 - Norwegian entitites 5 303 848 818 706 -668 791 115 086 5 568 849 Debt securities issued in Norway 3 271 764 295 637 -198 150 12 443 3 381 694 - Norwegian entitites 2 768 511 249 637 -165 818 42 217 2 894 547 Non-financial corporations Long-term debt securities issued in Norway 456 970 21 549 -23 784 3 131 457 866 Long-term debt securities issued abroad 570 430 21 316 -23 635 23 857 591 968 Short-term debt securities issued in Norway 17 160 8 142 -16 942 0 8 360 Short-term debt securities issued abroad 11 806 139 479 -105 506 1 294 47 073 Financial corporations Long-term debt securities issued in Norway 1 387 276 122 941 -52 168 39 087 1 497 136 Long-term debt securities issued abroad 1 550 878 67 415 -66 696 25 020 1 576 617 Short-term debt securities issued in Norway 5 280 2 750 -3 100 0 4 930 Short-term debt securities issued abroad 402 224 340 857 -307 136 22 699 458 644 Central government Long-term debt securities issued in Norway 766 567 30 416 -7 862 -1 789 120 Long-term debt securities issued abroad 0 0 0 0 0 Short-term debt securities issued in Norway 131 259 63 839 -61 961 0 133 137 Short-term debt securities issued abroad 0 0 0 0 0 Rest of the world Long-term debt securities issued in Norway 503 023 46 000 -32 102 -29 774 487 147 Short-term debt securities issued in Norway 230 0 -230 0 0 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 146 343 25 270 1 303 522 1 084 037 715 751 106 772 3 381 695 Non-financial corporations 8 360 2 749 202 699 191 118 52 332 8 968 466 226 Banks 1 920 250 152 657 169 027 41 139 39 115 404 308 Other financial corporations 3 010 4 692 577 925 426 698 60 157 25 277 1 097 759 Central government and social security funds 61 282 0 20 380 68 530 490 508 20 850 661 550 Local government 71 545 15 879 87 781 57 157 28 105 240 260 707 Non-profit institutions serving households Households Rest of the world 26 1 701 262 081 171 507 43 510 8 323 487 148 Remaining maturity Outstanding amounts in total from debt securities issued in Norway 711 218 565 219 1 438 616 522 497 63 881 80 262 3 381 693 Non-financial corporations 78 070 86 554 214 178 78 956 2 850 5 618 466 226 Banks 53 436 67 989 183 323 56 199 4 250 39 110 404 307 Other financial corporations 274 446 225 047 519 721 44 632 10 235 23 677 1 097 758 Central government and social security funds 128 229 67 693 164 093 262 739 38 796 . 661 550 Local government 112 373 45 939 69 838 29 507 3 050 . 260 707 Non-profit institutions serving households 0 0 . . . . 0 Households 0 0 . . . . 0 Rest of the world 64 664 71 998 287 463 50 463 4 700 7 858 487 146 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 505 717 3 475 625 784 925 204 402 399 211 722 2 674 301 Non-financial corporations 47 073 0 38 638 227 203 189 446 233 354 639 038 Banks 431 848 3 475 220 423 134 350 17 416 7 301 814 813 Other financial corporations 26 796 0 366 723 563 651 195 537 67 740 1 220 447 Remaining maturity Outstanding amounts in total from debt securities issued by Norwegian entities abroad 825 440 343 618 894 950 398 236 146 779 65 279 2 674 302 Non-financial corporations 101 102 50 907 155 056 199 000 87 425 45 548 639 038 Banks 507 201 77 194 210 420 12 593 5 920 1 486 814 814 Other financial corporations 217 137 215 516 529 474 186 642 53 433 18 244 1 231 684 Explanation of symbolsDownload table as ...
About the statistics
The information under «About the statistics» was last updated 8 April 2024.
Euronext VPS (Verdipapirsentralen) is the only central securities depository in Norway and handles the settlement of transactions in securities and the registration of ownership rights over securities.
Types of securities:
Listed shares entails shares listed for trade at the Oslo Stock Exchange (OSE), Euronext Expand or Euronext Growth.
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 the VPS, 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 VPS 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 VPS:
- All shares issued by public limited companies (PLC) and a share of private limited companies. Also included are a part of or the whole share capital of foreign registered Companies.
- Equity certificates, including all equity certificates listed on the Oslo Stock Exchange.
- 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 The Norwegian Central Securities Depository (VPS), Oslo Stock Exchange (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 the Norwegian Central Securities Depository (VPS). Market values and transaction information are received currently from Euronext and VPS. 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 OSE and VPS. 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 the VPS, 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 the Oslo Stock Exchange, Euronext Expand or Euronext Growth.
To the degree that the fixed delivery from VPS 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.