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Published: 22 December 2006

General government net financial assets continued to grow

During the third quarter of 2006, the value of general government net financial assets grew by EUR 4.7 billion from the second quarter. Social security funds' net financial assets grew by EUR 3.5 billion and central government's assets by EUR 1.2 billion. The growth in net assets was influenced by holding gains in investments in shares and funds, which added nearly EUR 3 billion to the value of general government financial assets.

In the beginning of the third quarter central government redeemed a relatively large tranche of government bonds. As a result, central government bond debt decreased by EUR 5.4 billion to EUR 51.2 billion during the quarter. The general government debt according to financial accounts decreased by slightly more than EUR 4 billion, and stood at EUR 77.7 billion at the end of the third quarter.

General government net financial assets 1998-2006

Source: General government financial accounts.

Inquiries: Mr Matti Okko +358 9 1734 3341, Ms Reetta Varjonen +358 9 1734 3533, rahoitus.tilinpito@stat.fi

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Last updated 22.12.2006

Referencing instructions:

Official Statistics of Finland (OSF): General government financial accounts [e-publication].
ISSN=1798-1964. 3rd quarter 2006. Helsinki: Statistics Finland [referred: 22.11.2024].
Access method: http://www.stat.fi/til/jyrt/2006/03/jyrt_2006_03_2006-12-22_tie_001_en.html