FOREIGN EXCHANGE RESERVES

The Government Petroleum Insurance Fund is not included in Norges Bank's balance sheet, but is a government fund in foreign currency which is managed by the central bank.. Pursuant

MANAGEMENT OF NORGES BANK’S FOREIGN EXCHANGE RESERVES Table 3 Fixed income investments by currency at the.. end

MANAGEMENT OF NORGES BANK’S FOREIGN EXCHANGE RESERVES Table 3 Fixed income investments by currency at the.. end

For equity and fixed income invest- ments, expected absolute volatility at year-end 2018 excluding exchange rate movements against the krone was.. 11.7% and

 As a consequence of the foreign exchange reserves’ portfolio rebalancing regime, NOK 21.3bn worth of foreign exchange was transferred from the equity portfolio to the fixed

MANAGEMENT OF NORGES BANK’S FOREIGN EXCHANGE RESERVES Table 3 Fixed income investments by currency at the.. end

Market risk is the risk of changes in the value of the portfolio due to movements in interest rates, equity prices, foreign currency exchange rates and credit spreads For the

The foreign exchange reserves are divided into an equity portfolio managed by Norges Bank Investment Management, a fixed income portfolio and a petroleum buffer portfolio managed