Published: 1 October 2010
General government net financial assets, that is, the difference between financial assets and liabilities, amounted to EUR 105.5 billion at the end of the second quarter of 2010, which is EUR 5.5 billion less than at the end of the first quarter.
General government net financial assets
Social security funds’ net financial assets stood at EUR 126.5 billion at the end of the second quarter, which is EUR 1.7 billion less than at the end of the first quarter. Local government's net financial assets remained on level with before, but central government's net financial assets fell by EUR 3.8 billion to EUR -22.0 billion. Social security funds' net financial assets decreased because bond debts and money market instruments held by employment pension schemes had reduced. At the same time employment pension schemes invested their assets mainly in shares and holdings to the tune of EUR 1.5 billion. The biggest increase was in investments in quoted shares, into which new capital was invested to the amount of EUR 0.9 billion. The time series of general government financial accounts has been revised starting from the first quarter of 2009.
Source: General government financial accounts, Statistics Finland
Inquiries: Timo Ristimäki (09) 1734 2324, Anu Heikkilä (09) 1734 2309, firstname.lastname@example.org
Director in charge: Ari Tyrkkö
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