Swedish portfolio holdings 2004

Date 01/09/2005

The total value of Swedish portfolio assets abroad amounted at the end of 2004 to SEK 1,817 billion. That is an increase of 18 per cent compared with 2003. This is one conclusion of the annual survey of Swedish investors' holdings of foreign equity securities and debt securities, published by the Riksbank today.

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

The survey also shows that almost two-thirds of Swedes' total foreign portfolio was invested in the EU area. The largest holder category for 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, www.riksbank.se, or ordered from pi@riksbank.se