Government Pension Fund Norway (discontinued), 1st half-year 2002

At the end of second quarter 2002, "Loans to central government" represented 58.9 per cent of the National Insurance Scheme Fund's total capital. The second largest were "Bonds", with a share of 19.4 per cent of the fund's total capital. "Shares and other equities" amounted to 15 per cent.

Slight decline

Balance sheet figures from the National Insurance Scheme Fund showed a modest decrease in the Fund's total capital. In comparison the Oslo Børs all-share index showed a decrease of 11.6 per cent in the same period. The modest decline in the Fund's total capital can be explained by the significant investments in low-risk securities.

Tables:

• Table 1 National Insurance Scheme Fund. Balance sheet. 30 June 1997-30 June 2002. Million kroner
• Table 2 National Insurance Scheme Fund. Bonds and shares and other equity by debtor sector. 30 June 1999-30 June 2002. Million kroner