| FACTORS AFFECTING THE BANKS' AND THE MORTGAGE-CREDIT INSTITUTES' NET POSITION WITH THE NATIONALBANK | Table 3 |
|||||||
Central-government finance |
Net pur- chase of foreign ex- change by the Na- tional- bank |
The Na- tional- bank's net bond pur- chases |
Other factors |
The banks' and the
mortgage-credit
institutes' net position
with the Nationalbank |
||||
Do- mestic gross finan- cing require- ment |
Sales of domestic central- govern- ment securi- ties |
Liqui- dity effect |
Change in net position |
End of period |
||||
Kr. billion |
||||||||
| 2003 |
99.7
|
94.1
|
5.6
|
31.0
|
-1.0
|
-3.1
|
32.5
|
122.2
|
| 2004 |
75.5
|
92.6
|
-17.1
|
-6.4
|
-2.6
|
-1.2
|
-27.3
|
94.6
|
| 2005 |
39.5
|
30.9
|
8.6
|
-15.4
|
-2.2
|
-0.5
|
-9.5
|
85.1
|
| 2006 |
-14.5
|
16.2
|
-30.6
|
-30.0
|
-4.9
|
-1.2
|
-66.7
|
18.2
|
| 2007 |
-26.2
|
2.9
|
-29.1
|
5.5
|
-0.4
|
-1.4
|
-25.3
|
...
|
| Jul 07 |
27.6
|
3.5
|
24.1
|
6.2
|
0.1
|
-0.1
|
30.2
|
71.5
|
| Aug 07 |
-30.8
|
-4.3
|
-26.5
|
9.8
|
-0.1
|
-0.5
|
-17.4
|
54.1
|
| Sep 07 |
-6.2
|
3.8
|
-10.0
|
-8.4
|
0.8
|
0.9
|
-16.7
|
37.4
|
| Oct 07 |
3.8
|
5.6
|
-1.8
|
-0.1
|
0.4
|
-0.3
|
-1.9
|
35.5
|
| Nov 07 |
-30.2
|
5.2
|
-35.4
|
-1.0
|
-2.5
|
-0.7
|
-39.6
|
-4.1
|
| Dec 07 |
7.2
|
-7.8
|
15.0
|
-12.0
|
-3.2
|
-2.7
|
-2.8
|
-6.9
|
| MONEY STOCK |
Table 5 |
||||||||
| End of period |
Bank notes and coin in circu- lation |
Depo- sits on de- mand |
M1 |
Time deposits with original maturity =< 2 years |
Deposits at notice with original maturity =< 3 months |
M2 |
Repur- chase agree- ments |
Bonds, etc. issued with orginal maturity =< 2 years |
M3 |
Kr. billion |
|||||||||
| 2002 |
39.0
|
399.1
|
438.1
|
102.7
|
18.5
|
559.3
|
6.6
|
45.2
|
611.2
|
| 2003 |
41.0
|
428.1
|
469.1
|
112.2
|
19.2
|
600.5
|
2.7
|
77.3
|
680.5
|
| 2004 |
43.7
|
492.8
|
536.5
|
119.2
|
21.0
|
676.7
|
2.0
|
20.2
|
699.0
|
| 2005 |
47.3
|
596.3
|
643.5
|
114.1
|
18.4
|
776.0
|
14.2
|
8.4
|
798.7
|
| 2006 |
50.7
|
648.6
|
699.3
|
143.0
|
17.9
|
860.2
|
8.0
|
21.3
|
889.5
|
| Jun 07 |
51.1
|
696.5
|
747.6
|
168.4
|
16.6
|
932.6
|
7.0
|
27.1
|
966.9
|
| Jul 07 |
50.6
|
715.1
|
765.7
|
187.3
|
16.3
|
969.4
|
8.1
|
28.0
|
1,005.7
|
| Aug 07 |
50.9
|
698.3
|
749.2
|
201.1
|
16.2
|
966.5
|
11.7
|
27.7
|
1,006.1
|
| Sep 07 |
50.3
|
692.3
|
742.6
|
198.1
|
17.5
|
958.3
|
9.7
|
27.0
|
995.1
|
| Oct 07 |
50.1
|
696.0
|
746.0
|
211.8
|
17.3
|
975.1
|
11.0
|
24.1
|
1,010.3
|
| Nov 07 |
51.4
|
697.0
|
748.3
|
214.1
|
17.7
|
980.1
|
12.1
|
20.9
|
1,013.3
|
|
Change compared with previous year, per cent
|
|||||||||
| 2002 |
...
|
...
|
3.9
|
...
|
...
|
4.6
|
...
|
...
|
11.8
|
| 2003 |
...
|
...
|
8.8
|
...
|
...
|
8.8
|
...
|
...
|
11.3
|
| 2004 |
...
|
...
|
14.4
|
...
|
...
|
12.7
|
...
|
...
|
2.7
|
| 2005 |
...
|
...
|
19.9
|
...
|
...
|
14.7
|
...
|
...
|
14.3
|
| 2006 |
...
|
...
|
8.7
|
...
|
...
|
10.8
|
...
|
...
|
11.4
|
| Jun 07 |
...
|
...
|
8.8
|
...
|
...
|
11.0
|
...
|
...
|
12.5
|
| Jul 07 |
...
|
...
|
10.8
|
...
|
...
|
13.2
|
...
|
...
|
14.8
|
| Aug 07 |
...
|
...
|
10.5
|
...
|
...
|
13.6
|
...
|
...
|
15.6
|
| Sep 07 |
...
|
...
|
10.1
|
...
|
...
|
13.8
|
...
|
...
|
14.9
|
| Oct 07 |
...
|
...
|
9.5
|
...
|
...
|
13.0
|
...
|
...
|
13.5
|
| Nov 07 |
...
|
...
|
9.3
|
...
|
...
|
13.2
|
...
|
...
|
13.9
|
| 1 Notes and coin in circulation, excluding the banks' holdings. | |||||||||
| LENDING TO RESIDENTS BY THE BANKS AND THE MORTGAGE-CREDIT INSTITUTES | Table 8 |
||||||||
| End of period |
Total lending |
The banks' lending |
The mortgage-credit institutes' lending |
||||||
Total |
House- holds, etc. |
Busi- ness |
Total |
House- holds, etc. |
Busi- ness |
Total |
House- holds, etc. |
Busi- ness |
|
Kr. billion |
|||||||||
| 2002 |
1,917.0
|
1,241.6
|
619.2
|
631.8
|
253.5
|
353.0
|
1,285.1
|
988.0
|
266.2
|
| 2003 |
2,087.7
|
1,343.6
|
683.1
|
693.2
|
271.5
|
392.3
|
1,394.6
|
1,072.1
|
290.9
|
| 2004 |
2,276.0
|
1,466.1
|
741.0
|
786.0
|
324.8
|
426.8
|
1,489.9
|
1,141.3
|
314.2
|
| 2005 |
2,614.5
|
1,678.0
|
852.2
|
950.2
|
396.6
|
510.4
|
1,664.4
|
1,281.5
|
341.7
|
| 2006 |
3,000.8
|
1,882.7
|
1,015.2
|
1,166.0
|
475.0
|
636.9
|
1,834.8
|
1,407.7
|
378.3
|
| Jun 07 |
3,177.7
|
1,977.6
|
1,095.6
|
1,256.8
|
507.9
|
695.3
|
1,920.9
|
1,469.8
|
400.3
|
| Jul 07 |
3,178.0
|
1,991.0
|
1,083.5
|
1,240.1
|
509.0
|
677.6
|
1,937.9
|
1,482.0
|
405.9
|
| Aug 07 |
3,206.5
|
2,006.1
|
1,096.4
|
1,252.1
|
513.0
|
686.3
|
1,954.4
|
1,493.1
|
410.1
|
| Sep 07 |
3,252.4
|
2,027.8
|
1,121.0
|
1,285.0
|
527.4
|
705.4
|
1,967.4
|
1,500.4
|
415.5
|
| Oct 07 |
3,269.2
|
2,036.6
|
1,127.3
|
1,286.2
|
527.3
|
704.4
|
1,983.0
|
1,509.3
|
422.9
|
| Nov 07 |
3,314.9
|
2,053.6
|
1,155.7
|
1,316.7
|
533.8
|
729.2
|
1,998.2
|
1,519.8
|
426.5
|
Change compared with previous year, per cent |
|||||||||
| 2002 |
5.7
|
6.9
|
4.1
|
1.5
|
0.1
|
3.1
|
7.8
|
8.9
|
5.5
|
| 2003 |
6.1
|
8.2
|
2.7
|
1.5
|
7.1
|
-1.7
|
8.5
|
8.5
|
9.3
|
| 2004 |
9.0
|
9.1
|
8.5
|
13.4
|
19.6
|
8.8
|
6.8
|
6.5
|
8.0
|
| 2005 |
14.9
|
14.5
|
15.0
|
20.9
|
22.1
|
19.6
|
11.7
|
12.3
|
8.8
|
| 2006 |
14.8
|
12.2
|
19.1
|
22.7
|
19.8
|
24.8
|
10.2
|
9.9
|
10.7
|
| Jun 07 |
12.8
|
11.2
|
16.0
|
18.1
|
18.4
|
19.2
|
9.5
|
8.9
|
10.7
|
| Jul 07 |
12.5
|
11.1
|
15.2
|
17.6
|
18.2
|
18.3
|
9.4
|
8.8
|
10.4
|
| Aug 07 |
12.4
|
11.1
|
15.1
|
17.4
|
18.0
|
17.7
|
9.4
|
8.9
|
10.9
|
| Sep 07 |
12.6
|
10.9
|
16.3
|
18.0
|
17.7
|
19.1
|
9.3
|
8.7
|
11.8
|
| Oct 07 |
12.1
|
10.7
|
15.1
|
16.6
|
17.4
|
16.6
|
9.4
|
8.5
|
12.8
|
| Nov 07 |
11.7
|
10.6
|
14.5
|
15.6
|
17.4
|
15.4
|
9.3
|
8.3
|
12.9
|
| Note: Including lending in Danish banks' units abroad. As from 2003 the banks' lending is affected by an addition to the group of banks. The calculation of the rate of increase has been amended accordingly. | |||||||||