Swedish portfolio holdings 2003

Date 17/12/2004

The total value of Swedish portfolio assets abroad amounted at the end of 2003 to SEK 1,536 billion. That is an increase of 17 per cent compared with 2002. This is one result of the annual survey of Swedish investors' holdings of foreign equity securities and debt securities, published today.

The increase in value is mainly due to rising equity prices, though increased purchases of both equities and debt securities have also contributed to the change.

The survey also shows that almost one-third of Swedes’ total foreign portfolio was invested in US securities. The largest holder category for the portfolio assets was the sector “Other financial institutions”, which includes insurance companies and mutual funds.

The data in the survey are part of a global survey conducted by the International Monetary Fund (IMF).

The Swedish report can be downloaded from the Riksbank's website (see link below) or be ordered from pi@riksbank.se.