Factors affecting the banks' and the mortgage-credit institutes' net position with the Nationalbank
| Factors affecting the banks' and the mortgage-credit institutes' net position with the Nationalbank |
Table 3
|
|||||||
|
Central-government
finance |
Net
purchase of foreign exchange by the National- bank |
The
National- bank's net bond pur- chases |
Other
factors |
The banks' and
the mortgage- credit institutes' net position with the Nationalbank |
||||
|
Domestic
gross financing require- ment |
Sales of
domestic central- govern- ment securities |
Liquidity
effect |
Change
in net position |
End
of period |
||||
|
Kr. billion
|
||||||||
| 1999 |
67.9
|
68.8
|
-0.9
|
62.7
|
1.9
|
-7.9
|
55.7
|
73.3
|
| 2000 |
62.3
|
65.7
|
-3.4
|
-37.7
|
2.1
|
0.4
|
-38.7
|
34.6
|
| 2001 |
81.2
|
87.7
|
-6.5
|
28.4
|
1.0
|
-3.6
|
19.3
|
53.9
|
| 2002 |
115.5
|
121.9
|
-6.4
|
45.4
|
-0.9
|
-2.4
|
35.7
|
89.6
|
| 2003 |
99.7
|
94.1
|
5.6
|
31.0
|
-1.0
|
-3.1
|
32.5
|
122.2
|
| Dec 03 |
11.7
|
4.5
|
7.3
|
0.3
|
0.3
|
-1.2
|
6.7
|
122.1
|
| Jan 04 |
0.6
|
16.6
|
-16.0
|
-9.6
|
-2.0
|
1.9
|
-25.7
|
96.5
|
| Feb 04 |
2.5
|
1.0
|
1.5
|
-7.3
|
0.0
|
0.0
|
-5.8
|
90.7
|
| Mar 04 |
-11.7
|
15.5
|
-27.2
|
-5.8
|
0.2
|
2.5
|
-30.4
|
60.3
|
| Apr 04 |
11.0
|
16.4
|
-5.3
|
7.6
|
-0.5
|
-1.6
|
0.2
|
60.5
|
| May 04 |
-3.6
|
-9.0
|
5.3
|
3.1
|
0.0
|
-1.1
|
7.3
|
67.8
|