Foreign currency trading.

• Position: Statistical Data Included

Table 46. Foreign exchange banks. Foreign exchange purchased/sold forward with settlement in Norwegian kroner(1) (in billions of NOK at end of month)

Purchased net from: Other Central financial Non-financial govt.(2) inst.(3) sector 1999 January 0.0 25.2 37.1 February 0.0 31.0 39.0 March 0.0 23.6 32.2 April 0.0 21.4 31.0 May 0.0 17.5 35.2 June 0.0 26.0 37.9 July 0.0 19.0 42.9 August 0.0 24.0 40.5 September 0.0 18.7 38.9 October 0.0 12.7 39.3 November 0.0 36.2 42.9 December 0.0 37.4 43.9 2000 January 0.0 42.2 51.0 Purchased net Purchased, gross from: from Foreign Non-financial Foreign sector Total sector sector 1999 January 6.7 69.0 66.0 330.7 February 6.2 76.2 68.3 331.1 March 22.0 77.8 63.3 352.7 April -2.9 49.5 60.9 367.9 May 5.0 57.7 67.2 355.3 June 2.6 66.5 69.3 344.7 July -5.0 56.9 71.7 323.5 August -3.0 61.5 65.0 322.8 September 2.9 60.5 65.8 331.7 October -19.7 32.2 64.7 313.9 November -8.3 70.8 68.3 309.3 December -12.4 68.9 69.3 298.6 2000 January -21.1 72.1 77.4 248.1 Sold, gross to Non-financial Foreign sector sector 1999 January 28.9 324.0 February 29.3 324.9 March 31.1 330.7 April 29.9 370.8 May 32.0 350.3 June 31.4 342.0 July 28.8 328.5 August 24.5 325.8 September 26.9 328.8 October 25.4 333.6 November 25.4 317.6 December 25.5 311.0 2000 January 26.4 269.2 (1) Excl. exchange rate adjustments

(2) Central government administration, social security administration and Norges Bank

(3) Incl. possible discrepancies between forward assets and forward liabilities within the category of foreign exchange banks.

Source: Statements from commercial and savings banks (registered foreign exchange banks) to Norges Bank

Table 47. Foreign exchange banks. Overall foreign currency position (in millions of NOK)

31/12 31/3 30/6 1998 1999 1999 Foreign assets, spot 145 979 159 402 164 120 Foreign liabilities, spot 219 233 230 731 236 510 1. Spot balance, net -73 254 -71 329 -72 390 2. Forward balance, net 68 434 69 639 72 827 3. Option position against NOK 64 136 -115 4. Overall position (1+2+3) -4 756 -1 554 322 30/9 31/12 1999 1999 Foreign assets, spot 156 327 156 026 Foreign liabilities, spot 236 475 250 635 1. Spot balance, net -80 148 -94 609 2. Forward balance, net 61 065 40 310 3. Option position against NOK 153 151 4. Overall position (1+2+3) -18 932 -54 450 Source: Norges Bank

Table 48. Transactions relating to Norges Bank's exchange market operations (in billions of NOK)

1998(2) 1999 1-53 1-52 A. Norges Bank's net sales of foreign exchange...