Country association accordingtoFTSE(thebenchmark providerforequities). If acompanyis notinthebenchmark, countryofincorporation is listed. Government Pension Fund Global T Republic ofAustria Raiffeisen MaltaBankPLC Raiffeisen BankInternationalAG Pfandbriefstelle derOesterreichischenLandes-Hypothekenbanken Oesterreichische V Oesterreichische KontrollbankAG OeBB InfrastrukturAG Kommunalkredit AustriaG KIG -KrankenanstaltenmmobiliengesellschaftmbH KA FinanzG Hypo Alpe-dria-BankInternationalG Erste GroupBankAG T Swan Suncorp GroupLtd Stockland FinancePtyLtd SPI Electricity&GasAustraliaHoldingsPtyLtd QBE InsuranceGroupLtd Qantas AirwaysLtd National RMBST National AustraliaBankLtd Medallion T Macquarie GroupLtd Macquarie BankLtd Insurance AustraliaGroupLtd Incitec PivotLtd Government ofAustralia FBG FinanceLtd Crusade GlobalT Crusade EuroT Commonwealth BankofAustralia BHP illitonFinanceUSALtd BHP illitonFinanceLtd Australia &NewZealandBankingGroupLtd Asciano FinanceLtd Amcor Ltd/ustralia Australia Petrobras ArgentinaSA Argentina T T Itau UnibancoHoldingSA Gerdau HoldingsInc Cia deBebidasdasAmericas Centrais EletricasBrasileirasSA Brazilian GovernmentInternationalond Banco NacionaldeDesenvolvimentoEconomicoeS ocial Banco dorasilSA Banco radescoSA Brazil Weatherford InternationalLtdBermuda T Qtel InternationalFinanceLtd Noble GroupLtd Ingersoll-Rand GlobalHoldingCoLtd Holcim GBFinanceLtd Government ofBermuda Fidelity InternationalLtd Catlin InsuranceCoLtd Allied World AssuranceCoHoldingsLtd Bermuda Solvay SA SNCB Holding Home LoanInvest Government ofBelgium Fortis BankSA/NV Flemish Community Elia SystemOperatorSA/NV Delhaize GroupSA Belgacom SA Anheuser-Busch InevNV Belgium Government ofBahrain Bahrain Government oftheBahamas Bahms UniCredit BankAustriaG BA Austria WT FinanceAustPtyLtd/Westfield Europe FinancePLC/WEALL WT FinanceAustPtyLtd/Westfield Capital/W EA FinanceLLC Woolworths Ltd Woodside FinanceLtd Westpac SecuritisationT Westpac BankingCorp WCI FinanceLLC/WEA Gold FieldsOrogenHolding BVILtd CNOOC Finance2003Ltd British ViginIslands V elekom FinanzmanagementGmbH elstra CorpLtd elemar NorteLesteSA ele NorteLesteParticipacoesSA yco InternationalLtd ale SA W A G P S K rust B ank fuer rust rust rust olksbanken AG A rbeit und Wirtschaft und Oesterreichische Postsparkasse rust
11 223791190 14 229283850 1 229693632 1 065201066 2 011034717 4 156089961 1 711028939 1 161282026 119 380045 484 811564 556 622415 440 071953 541 691035 398 821144 459 813002 248 904023 117 665956 211 461775 533 811974 296 862676 742 767837 180 724678 570 883121 134 440178 470 804530 378 559575 386 729146 325 020158 187 112964 367 714562 206 285426 119 523834 193 886861 11 110725 71 330652 87 133097 23 946545 82 388530 96 124241 98 134759 30 623905 34 083047 85 685426 84 701134 27 212141 52 499457 24 020592 40 966008 84 276800 65 745833 78 917131 33 673145 78 375237 60 156012 23 721660 89 656339 14 909752 44 753506 32 282988 35 251162 58 053439 12 281323 27 006510 26 523033 97 148105 25 791459 50 141705 16 035306 80 066546 29 999765 30 517233 93 122977 46 075974 43 132222 22 107954 28 132762 91 697714 32 435931 28 438867 5 836559 3 326131 8 330376
Market value Holdings of bonds at 31 December 2010 (NOK) Petrobras InternationalFinanceCo-Pifco Kuwait ProjectsCo Hutchison WhampoaInternational09/16 Ltd Hutchison WhampoaInternational09Ltd Hutchison WhampoaFinance09Ltd Hongkong LandFinanceCaymanIslandCotd Embraer OverseasLtd Brazil DevelopmentFundingCorp BPI CapitalFinanceLtd BCP FinanceCo Axon FinancialFundingLtd Ca Yellow MediaInc Xstrata FinanceCanadaLtd Xstrata CanadaCorp World ColorPressInc Wells FargoFinancialCanadaCorp VW CreditCanadaInc V T T T Thomson ReutersCorp TELUS Corp T T Suncor EnergyInc Sun LifeFinancialInc Shaw CommunicationsInc Royal BankofCanada RONA Inc Rogers CommunicationsInc Province ofQuebecCanada Province ofOntarioCanada Province ofNovaScotiaCanada Province ofNewfoundlandCanada Province ofNewBrunswickCanada Province ofManitobaCanada Province ofBritishColumbiaCanada Province ofAlbertaCanada Potash CorpofSaskatchewanInc Nexen Inc Molson CoorsCapitalFinanceULC Metro Inc Marathon GlobalFundingCorp Manulife FinancialCorp Hydro Quebec Hydro OneInc Husky EnergyInc HSBC FinancialCorpLtd HSBC BankCanada Holcim FinanceCanadaInc Greater T Great-West LifecoInc Government ofCanada GE CapitalCanadaFundingCo Federation desCaissesDesjardinsduQuebec EPCOR UtilitiesInc Encana Corp Enbridge Inc Daimler CanadaFinanceInc ConocoPhillips CanadaFundingCoI City ofT Citigroup FinanceCanadaInc Cenovus EnergyInc CDP FinancialInc Caterpillar FinancialServicesLtd Capital DesjardinsInc Canadian PacificRailwayCo Canadian NaturalResourcesLtd Canadian NationalRailwayCo Canadian ImperialBankofCommerce/Canada Canada HousingT Cameco Corp Burlington ResourcesFinanceCo Brookfield RenewablePowerInc Brookfield AssetManagementInc BMW CanadaInc Bell Canada Bell AliantRegionalCommunicationsLP Bank ofNovaScotia Bank ofMontreal Apache FinanceCanadaCorp American ExpressCanadaCreditCorp Agrium Inc 407 Internationalnc Canada Government ofBulgaria Bulgaria PCCW-HKT GTL T ransCanada PipeLinestd ransAlta Corp oronto-Dominion Bank/The eck ResourcesLtd alisman EnergyInc ale CanadaLtd yman Islands rade FinanceInc oronto Canada oronto Airportsuthority elephone Ltd rust No1 1 772325080 3 842394739 9 737383700 2 620816339 166 220897 295 242571 475 019225 304 601985 138 077121 159 143380 506 761980 142 311885 487 268947 307 254194 382 815104 420 449078 267 107256 123 446276 121 204768 201 694734 775 700290 102 023522 268 988562 298 129361 108 608558 273 332339 146 940954 105 045427 298 743909 219 138744 445 310943 135 762641 159 507892 153 575899 143 167675 306 032598 341 613847 49 225111 39 163538 93 086314 49 503922 96 445585 86 040823 43 413924 12 407508 24 849848 46 292278 65 878329 36 432894 17 566727 63 130219 86 635076 94 684296 79 375589 25 195661 94 857559 30 411362 48 420370 17 992297 63 869500 29 941505 17 879435 29 994327 30 614807 18 559340 11 874143 19 899129 84 784169 61 377970 61 389529 91 993959 12 480557 18 364225 12 835773 49 140754 17 524804 31 085516 10 799467 12 555190 47 327628 81 740562 77 290333 99 896168 63 324329 19 427070 4 147551 3 133730 8 205 Market value (NOK) 1 Government pension fund global ANNUAL REPORT 2010 Country association accordingtoFTSE(thebenchmark providerforequities). If acompanyis notinthebenchmark, countryofincorporation is listed. Government Pension Fund Global France T EDF SA Dexia MunicipalAgencySA Dexia CreditLocalSA Credit MutuelArkea Credit LogementSA Credit ImmobilierdeFrance Credit FoncierdeFrance Credit AgricoleSA Credit AgricoleCoveredBonds CNP Assurances CM-CIC CoveredBonds Ciments FrancaisSA CIF Euromortgage Cie FinanciereetIndustrielledesAutoroutes Cie deSt-Gobain Casino GuichardPerrachonSA Carrefour SA Caisse Refinancementdel’Habitat Caisse NationaledesAutoroutes Caisse desDepotsetConsignations Caisse d’AmortissementdelaDetteSociale Bouygues SA BNP ParibasPublicSectorCF BNP ParibasHomeLoanCoveredondsSA BNP Paribas Banques PopulairesCoveredond Banque PSAFinance Banque FederativeduCreditMutuel AX SA Autoroutes duSuddelaFrance Areva SA Alstom SA Agence FrancaisedeDeveloppement France T Sampo OYJ Sampo HousingLoanBankPC Pohjola BankPLC OP MortgageBank Nokia OYJ Metso OYJ Government ofFinland Fortum OYJ Elisa OYJ Aktia RealEstateMortgageBankPLC Finland Eesti nergiaAS Estonia Spar NordBankA/S Realkredit DanmarkA/S Nykredit RealkreditA/S Kommunekredit Government ofDenmark FIH ErhvervsbankA/S DONG EnergyA/S Danske BankA/S Danica PensionLivsforsikringsaktieselskab Carlsberg BreweriesA/S BRFkredit AS Denmark Government oftheCzechRepublic CEZ AS Czech Republic Marfin PopularBankPCL Government ofCyprus Cyprus Government ofCroatia Croatian BankforReconstruction&Development Croatia Novartis CapitalCorp Export-Import BankofChina China GovernmentInternationalBond China DevelopmentBankCorp China T Inversiones CMPCSA Government ofChile Corp NacionaldelCobredeChile Colbun SA Celulosa AraucoyConstitucionSA Banco SantanderChile Banco delEstadodeChile Chile Yorkshire Water ServicesBradfordFinanceLtd V V Usiminas CommercialLtd T Thames Water UtilitiesCaymanFinanceLtd TDIC FinanceLtd eollisuuden V ranselec SA ransocean Inc oto-V ale OverseasLtd otorantim OverseasT elecom SA oima OYJ rading OperationsNV 10 036302958 1 539067177 7 999653681 1 076681254 1 010042027 3 858407785 1 016987122 3 609290337 4 011031991 1 169571151 1 844077578 2 738926970 7 609288066 1 512309861 1 220413572 419 619156 165 994677 604 996442 468 092241 121 827778 208 622082 263 259734 191 707101 255 028263 411 834359 398 195749 171 375231 244 391432 372 034643 667 112996 248 894817 624 065258 651 979000 281 628814 146 122889 115 121150 824 334963 106 636893 319 971362 257 677613 114 052263 588 686531 262 068896 489 439813 619 657655 287 837044 426 409582 237 926523 404 410520 242 933493 324 038472 271 307933 159 928434 248 712269 105 108749 102 131238 508 519117 159 087098 47 906519 88 608683 41 248943 42 240937 80 166702 71 945446 70 607329 25 902620 51 374204 37 901272 31 362024 18 713535 58 054975 24 823017 62 079049 29 291324 27 921484 30 733089 19 793742 35 344980 32 762721 1 885312 7 559289 3 499359
Market value Holdings of bonds at 31 December 2010 (NOK) UniCredit BankAG ThyssenKrupp AG State ofchleswig-Holstein State ofRhineland-Palatinate State ofNorthRhine-Westphalia State ofHesse State ofBrandenburg State ofBerlin State ofBaden-Wurttemberg Norddeutsche LandesbankGirozentrale Muenchener RueckversicherungsAG Metro AG Merck KGaA MAN SE Landwirtschaftliche Rentenbank Landesbank Hessen-ThueringenGirozentrale Landesbank BerlinAG Landesbank Baden-Wuerttemberg Kreditanstalt fuerWiederaufbau IKB DeutschendustriebankAG Hypo RealEstateBankInternationalAG HS NordbankAG HS FinanzfondsAoeR Henkel AG&CoKGaA Government ofGermany Gothaer AllgemeineV Gemeinsame DeutscheBundeslaender Free StateofBavaria EW AG Eurohypo AG Eurogrid GmbH Duesseldorfer HypothekenbankAG Dresdner BankAG Dexia KommunalbankDeutschlandAG Deutsche PostbankAG Deutsche PfandbriefbankAG Deutsche BankAG Deutsche Apotheker-und AerztebankeG DekaBank DeutscheGirozentrale Daimler AG Commerzbank AG Bremer LandesbankKreditanstaltOldenburg-Girozentrale Bertelsmann AG BayernLB CapitalLLCI Bayerische Landesbodenkreditanstalt Bayerische Landesbank Bayer AG BASF SE Allianz SE Aareal BankG Germany V V V V Unibail-Rodamco SE Unedic T T Suez EnvironnementCo Solvay FinanceFranceSA Sodexo Societe NationaledesCheminsdeFerFrancais Societe GeneraleCF Societe Generale Societe FrancaiseduRadiotelephone Societe Financementdel’EconomieFrancaise Societe DesAutoroutesParis-Rhin-hone Schneider ElectricSA Sanofi-A SA deGestiondesStocksecurite RTE EDFT Reseau FerredeFrance Regie AutonomedesT RCI BanqueSA PPR Natixis Legrand FranceSA LaSer Cofinoga Lafarge SA La Poste La MondialeV Korreden SA Klepierre Imerys SA HSBC France Groupe desAssurancesMutuellesgricoles Groupe BPCE GIE PSAT GDF Suez French Republic otal CapitalSA echnicolor eolia EnvironnementSA auban MobilisationGarantie ivendi SA inci SA ventis SA resorerie ransport SA ie ersicherung AG ransports Parisiens 17 107833120 73 609206530 52 344954259 6 650453561 1 357633558 2 639940650 1 664493078 1 112802665 4 763305813 4 984574935 1 004420647 2 167919057 1 925222509 1 155578657 142 842542 637 721736 166 526783 197 335701 851 988049 582 179190 533 648839 374 072645 303 304584 186 659737 221 825737 189 026381 793 419882 403 036232 325 324196 107 874391 420 272600 603 528830 114 627131 382 535316 324 294245 164 710 502 430166 393 056838 860 420373 245 491471 422 300251 378 829300 120 211078 323 606266 928 921910 374 448485 182 322201 282 466554 214 278437 780 809549 383 694908 949 101649 321 463398 101 332971 134 027927 102 611321 505 252477 408 422559 217 164494 447 084741 893 029485 347 281780 220 940172 267 799330 39 699164 47 121866 47 860797 11 324280 43 283689 65 039784 79 979316 34 167827 80 107364 88 213762 91 625183 34 536479 32 891826 35 403120 42 409141 51 522461 67 841843 87 994220 54 848647 65 634540 84 150562 37 027741 85 525 4 695641 155 955 2 264 Market value (NOK) 2 Government pension fund global ANNUAL REPORT 2010 Country association accordingtoFTSE(thebenchmark providerforequities). If acompanyis notinthebenchmark, countryofincorporation is listed. Government Pension Fund Global T Saphir FinancePLC Irish NationwideBldgSociet Irish LifeAssurancePC Irish Life&PermanentGroupHoldingsPC Governor &CooftheBankIreland/The Government ofIreland GE CapitalUKFunding GE CapitaluropeanFunding Freshwater FinancePLC EBS BuildingSociety Depfa ACSBank Celtic ResidentialIrishMortgageSecuritisation Bord GaisEireann Bank ofIrelandMortgage Anglo IrishCapitalGPLtd Anglo IrishBankCorpLtd Allied IrishBanksPLC Ireland State BankofIndia Indian OilCorpLtd IC BankLtd Axis BankLtd India Landsbanki IslandsHF Kaupthing BankHf Glitnir BankiHF Danaher EuropeanFinanceCoehf Iceland OTP BankLC Government ofHungary Hungar Jardine StrategicFinanceLtd Hutchison WhampoaInternational03/33Ltd Hutchison WhampoaInternational03/13Ltd Hutchison WhampoaFinance05Ltd Hutchison WhampoaFinance03/13Ltd Hong KongSARGovernmentBond Gain SilverFinanceLtd CLP PowerHongKongFinancingtd Bank ofChinaHongKongLtd Hong Kon F&C CommercialPropertyFinanceLtd Guernsey C.I. National BankofGreeceSA Government ofGreece EFG HellasFundingLtd Greece WL BANKAGWestfaelische LandschaftBodenkreditbank WestLB AG V V V T T Region ofLombardyItaly Lottomatica SpA Intesa SanpaolopA Hera SpA Government ofItaly Fiat FinanceNorthAmericaInc Exor SpA ENI SpA Enel SpA Edison SpA City ofRomeItaly Cassa DepositiePrestitiSpA Banco PopolareSC Banca PopolarediV Banca PopolarediMilanoScarl Banca MontedeiPaschidiSienapA Banca CarigeSpA Atlantia SpA Assicurazioni GeneraliSpA ACEA SpA A2 SpA Ital Israel ElectricCorpLtd Government ofIsrael Israel Government ofJapan Fukoku MutualLifeInsuranceCo East JapanRailwayCo Development BankofJapan Dai-ichi LifeInsuranceCotd/The Bank ofT Japan V Unipol GruppoFinanziarioSpA Unione diBancheItalianeSCP UniCredit SpA alisman FinancePLC erna ReteElettricaNazionaleSpA elecom ItaliaSpA olkswagen LeasingGmbH olkswagen FinancialServicesAG oith GmbH ela HomeSrl y okyo-Mitsubishi UFJLtd y icenza A 58 461243510 54 990636184 2 340930623 2 903457991 1 004834982 1 677194934 1 734724598 1 886337094 4 920277117 2 134229721 4 929190606 147 805916 842 015795 161 016614 635 605582 517 562823 280 559975 182 943030 903 346184 419 386371 103 312145 824 322027 699 448538 285 288457 233 046722 106 862056 312 519423 338 106753 931 685495 217 828560 524 342743 455 846723 244 650688 284 134980 229 956157 882 659481 149 178976 179 562389 103 695942 174 444393 537 249427 901 746825 46 955954 41 775273 60 538176 24 441784 29 444651 10 317141 19 558601 69 118371 41 714238 33 720320 30 532898 76 008336 81 176326 64 602596 32 424081 31 949794 92 838477 27 889648 83 986057 31 376568 41 368835 40 989576 71 495777 42 397040 32 475398 89 946448 51 078660 37 591702 65 075880 75 719548 31 191787 73 785484 40 400406 18 772397 41 476777 1 547059 3 874634 3 119106 323 180
Market value Holdings of bonds at 31 December 2010 (NOK) Elsevier FinanceSAV EDP FinanceBV E.ON InternationalFinance BV Diageo FinanceBV Deutsche T Deutsche PostFinanceBV Deutsche BahnFinanceBV Daimler InternationalFinanceBV Cooperatieve CentraleRaiffeisen-BoerenleenbankBA /Netherlands Coca-Cola HBCFinanceBV Cimpor FinancialOperationsBV Candide Financing BMW FinanceNV Bayer CapitalCorpBV BASF FinanceEuropeNV Bank NederlandseGemeenten ASML HoldingNV Amstel SecuritisationofHighgradeExposureBV Amstel CorporateLoanOfferingBV Allianz FinanceIIBV Alliander FinanceBV Akzo NobelNV Aegon NV Adecco InternationalFinancialServicesBV Achmea HypotheekbankNV ABN AmroBankV Netherlands T Petroleos Mexicanos Grupo T Government ofMexico BBVA BancomerSAInstituciondeancaMultipleGrupo America MovilSABdeCV Mexico T Sarawak Internationalnc Petronas CapitalLtd Petroliam NasionalBhd Mala Unicredit LuxembourgFinanceSA UniCredit InternationalBankLuxembourgSA T T T TNK-BP FinanceSA T T T SES SA Novartis FinanceSA NORD/LB G-MTNSA Nord/LB CoveredFinanceBankSA Michelin LuxembourgSCS Merck FinanzAG Luxembourg GovernmentBond ITW FinanceEuropeSA Hypo PfandbriefBankInternationalSA Holcim USFinanceSarl&CieCS Hannover FinanceLuxembourgSA Glencore FinanceEuropeSA Gazprom OA EUROHYPO EuropaeischeHypothekenbankSALuxembourg Euroclear FinanceSA Espirito SantoFinancialGroupSA Erste uropaeischePfandbriefundKommunalkreditbankAGinLuxembourg Enel FinanceInternationalNV Covidien InternationalFinanceSA Ciba SpecialtyChemicalsFinanceLuxembourgSA Blueorchard LoansforDevelopmentSA ArcelorMittal AON FinancialServicesLuxembourgSA Ageas HybridFinancingSA Luxembourg Government ofLithuania Lithuania WPP PLC Whistlejacket CapitalLtd ProSecure FundingLP BA Bank ofScotlandCapitalFundingLP BAA FundingLtd Jersey C.I. Sumitomo MitsuiBankingCorp Resona BankLtd Promise CoLtd ORIX Corp Nomura HoldingsInc Mitsubishi UFJFinancialGroupInc Japan FinanceOrganizationforMunicipalities Japan FinanceCorp elefonos deMexicoSABCV enaga NasionalBhd urkiye GarantiBankasiAS elecom ItaliaFinanceSA elecom ItaliaCapitalSA alanx AG yco InternationalFinanceSA yco ElectronicsGroupSA W Financiero BBVA Bancomer AG FinanceMaltaLtd ysia elevisa SA elekom InternationalFinanceBV ia ELMBV 1 735710005 1 915309551 2 621976012 4 254950839 3 040532962 1 436389074 1 403058609 1 046982506 129 363616 356 564431 662 721517 275 417906 110 979574 678 270572 181 675823 139 550822 609 919401 121 238863 187 016493 124 756663 742 928552 381 070005 207 656249 230 856459 249 863364 175 027848 587 677762 175 515704 412 387963 349 954751 240 068902 146 283352 300 222729 185 616944 269 824270 111 673418 471 276827 295 333933 586 809200 111 373294 254 386444 151 638486 143 857159 242 955155 370 109332 44 914059 44 449455 94 490446 83 294636 44 019374 46 135569 33 928521 92 398003 92 914990 59 988316 30 880214 32 768875 60 070019 31 737238 23 866662 32 615430 61 551759 98 970632 93 387218 28 815196 40 512729 30 179326 73 779934 79 358417 30 089409 43 318807 52 372479 38 530702 17 304947 89 394190 96 325604 10 761698 91 588840 26 823961 61 928390 70 355720 64 639023 4 652494
164 Market value (NOK) 3 Government pension fund global ANNUAL REPORT 2010 Country association accordingtoFTSE(thebenchmark providerforequities). If acompanyis notinthebenchmark, countryofincorporation is listed. Government Pension Fund Global T Suedzucker InternationalFinanceBV SovRisc BV SN BankV Siemens FinancieringsmaatschappijNV Shell InternationalFinanceBV Scotland InternationalFinanceNo2BV Schlumberger FinanceBV Saudi BasicIndustriesCorp RWE FinanceBV Rodamco EuropeFinanceBV Repsol InternationalFinanceBV Red ElectricadespanaFinanceBV Portugal T NIBC BankV Nederlandse Waterschapsbank NV Nederlandse GasunieNV Lukoil InternationalFinanceBV LuchtHaven SchipholNV LeasePlan CorpNV Lanxess FinanceBV Koninklijke PhilipsElectronicsNV Koninklijke KPNNV Koninklijke DSMNV KBC InternationaleFinancieringsmaatschappijNV International EndesaBV ING V ING GroepNV ING BankNV Imperial MobilityFinanceBV HIT FinanceBV Government oftheNetherlands Generali FinanceBV Eureko BV Enbw InternationalFinanceBV New ReclamationGroupPty Ltd/The Government ofSouthAfrica South Africa Slovene ExportandDevelopmentBankInc Nova LjubljanskaBankaDDjubljana Government ofSlovenia Slovenia Government ofSlovakia Slovakia United OverseasBankLtd T SP PowerAssetsLtd Singapore T PSA InternationalPteLtd Government ofSingapore DBS BankLtd Singapore Sovcomflot OA Government ofRussianFederation Russia Ras LaffaniquefiedNaturalGasCotdIII Ras LaffaniquefiedNaturalGasCotdII Qatari DiarFinanceQSC Nakilat Inc Government ofQatar Qatar Refer-Rede FerroviariaNacionalSA Parpublica -ParticipacoesPublicasSGPSA Government ofPortugal Caixa GeraldeDepositosSA Caixa EconomicaMontepioGeral Brisa ConcessaoRodoviariaSA BES FinanceLtd BCP FinanceankLtd BANIF SGPSA Banco SantanderT Banco EspiritoSantoSA Banco ComercialPortuguesSA Banco PISA Portugal Government ofPoland Poland Government ofPeru Peru Westpac SecuritiesNZLtd Government ofNewZealand Fonterra CooperativeGroupLtd BNZ InternationalFundingLtd ANZ NationalInternationalLtd/NewZealand New Zealand Wolters KluwerNV V V Urenco FinanceNV TN V ThyssenKrupp FinanceNederlandBV elefonica EuropeBV emasek FinancialILtd olkswagen InternationalFinanceNV erbund InternationalFinanceBV erzekeringen NV elecom InternationalFinanceBV elecommunications Ltd otta SA 12 940325359 1 188293223 1 221499840 1 686994109 2 555467599 1 585557980 1 093932999 2 461806211 4 383531381 1 740506644 502 282594 451 232827 533 009963 105 504085 243 847977 167 531891 425 203234 135 337960 309 191937 759 064902 127 589250 233 840330 176 753094 338 125233 113 164690 169 031579 135 818331 161 087836 410 545265 107 451596 675 195862 831 711909 206 674065 200 218383 149 779682 195 122429 320 792292 484 796867 226 976530 294 151180 375 394804 224 665645 768 421634 148 277435 381 608322 128 046164 138 140516 517 778283 131 871881 147 895832 171 518050 126 857422 141 842390 51 133200 28 707384 38 683633 64 975242 55 965073 33 222997 24 906041 46 925360 20 936090 97 013344 61 288247 78 002943 87 823687 37 499156 31 752900 11 962580 28 609307 88 128995 59 549101 59 416667 61 031245 67 720735 79 335767 53 566523 19 941544 38 916798 22 112881 3 289208
Market value Holdings of bonds at 31 December 2010 (NOK) Banco ilbaoV A A A SCA FinansAB Rodamco SverigeAB Nordea BankSwedenAB Nordea BankAB Lansforsakringar HypotekAB Kommuninvest ISverige Investor AB Government ofSweden Atlas CopcoAB Sweden Xunta deGalicia T T Santander USDebtSAUnipersonal Santander Issuances.AUnipersonal Santander InternationalDebtSAUnipersonal Santander FinancePreferredSAUnipersonal Santander ConsumerFinancepainFondodeT Santander ConsumerFinanceSA Santander CentralHispanoIssuancesLtd Pastor ParticipacionesPreferentesSA Montes dePiedadyCajaAhorrosRondaCadizlmeriaMalaga Monte dePiedadyCajaAhorrosSanFernandoGuadalajara Mapfre SA La CajadeAhorrosyPensionesBarcelona Junta ComunidadesdeCastilla-LaMancha Instituto deCreditoOficial IM Cedulas9 Iberdrola FinanzasSAU Government ofSpain Gas NaturalCapitalMarketsSA Fund forOrderedBankRestructuring Enagas Cores Comunidad AutonomadelasIslasBaleares Comunidad AutonomadeCanarias Comunidad Autonomadendalucia Cedulas TDA CEAMI GuaranteedBondsI Cajamar CajaRuralSCC Caja deAhorrosyMontePiedadMadrid Caja deAhorrosyMontePiedadBaleares Caja deAhorrosdelMediterraneo Caja deAhorrosV Caja deAhorrosMurcia Caja deAhorrosGipuzkoaySanebastian Caja deAhorrosGalicia Caixa deAforrosV Caixa d’EstalvisdeCatalunyaT Bilbao izkaiaKutxa BBVA SeniorFinanceSAU BBVA RMBSFTA BBVA InternationalPreferredSAUnipersonal BBVA AutosFondodeT Basque Government Bankinter SA Banco SantanderSA Banco PopularEspanolSA Banco PastorSA Banco GuipuzcoanoSA Banco EspanoldeCreditoSA Banco deSabadellSA Banco deCreditoLocalEspanaSA Banco CooperativoEspanolSA A Autonomous CommunityofV Autonomous CommunityofMadridSpain Autonomous CommunityofCatalonia Abertis InfraestructurasSA Spain Shinhan Bank KT Corp Korea RailroadCorp Korea Hydro&NuclearPowerCoLtd Korea HousingFinanceCorp Korea FinanceCorp Korea ElectricPowerCorp Korea East-West PowerCoLtd Korea DevelopmentBank Industrial BankofKorea Hana Bank GS CaltexCorp Government ofKorea Export-Import BankofKorea South Korea elefonica SA elefonica EmisionesSAU yT CedulasCajasVIIFondode yT CedulasCajasIXFondode yT CedulasCajasIVFondode yt CedulasCajasGlobal Antequera Jaen Huelva JerezySev izcaya ArgentariaSA alencia CastellonyAlicante igo OurenseePontevedra itulizacion deActivos alencia arragona iManresa itulizacion itulizacion deActivos itulizacion deActivos itulizacion deActivos 11 796226464 11 033864804 25 360748878 1 705006980 1 165488854 6 292746300 2 317762570 1 160748676 1 128095183 6 030051034 1 364690691 1 654950036 4 709538195 1 675039918 6 343197278 5 854456005 7 835801374 1 793199134 1 083225592 977 292807 106 563466 725 027387 103 289679 179 051088 139 904260 145 477457 516 092977 192 361251 706 816410 361 285948 358 186959 453 355450 257 978011 279 917652 140 356708 134 036097 337 962166 156 467277 958 342074 470 258972 382 996516 121 033226 289 107184 639 630668 632 758144 133 502121 145 016133 441 561221 121 213358 174 941197 106 387173 109 933906 237 756634 219 829018 303 132619 70 631332 66 911095 24 918610 34 966355 41 096868 14 768921 29 049347 18 654788 49 649053 43 544746 97 003119 34 839256 85 748285 37 928565 44 551303 46 022697 97 016325 34 727709 17 499613 68 775081 17 143179 11 746631 56 066852 60 393929 30 114184 26 117634 92 314055 71 841137 56 641044 1 586018 -34 800 Market value (NOK) 4 Government pension fund global ANNUAL REPORT 2010 Country association accordingtoFTSE(thebenchmark providerforequities). If acompanyis notinthebenchmark, countryofincorporation is listed. Government Pension Fund Global T Swedish CoveredBondCorp Swedbank HypotekAB Swedbank AB Svenska HandelsbankenAB Svensk ExportkreditAB Stadshypotek AB SKF AB Skandinaviska EnskildaBankenAB Securitas AB Scania CVAB Hammerson PLC Granite MortgagesPLC Granite MasterIssuerPLC Gracechurch MortgageFundingPLC Gracechurch MortgageFinancingPLC GlaxoSmithKline CapitalPLC Genfinance IIPLC G4S PLC Friends ProvidentGroupPLC Fosse MasterIssuerPLC Firstgroup PLC Electricity NorthWest Ltd EFG HellasPLC Eastern PowerNetworksPLC Diageo CapitalPLC Depfa BankPLC Coventry BuildingSociety Compass GroupPLC Clydesdale BankPLC Clerical MedicalFinancePLC Centrica PLC Carnival PLC Canary WharfGroupPLC BUP Bt GroupInvestmentsLtd BSKYB FinanceUKPLC Brunel ResidentialMortgageSecuritisationPLC Broadgate FinancingPLC British SkyroadcastingGroupPLC British roadcastingCorp Bradford &ingleyPLC BP LC BMW UKCapitalPLC BL SuperstoresFinancePLC BG EnergyCapitalPLC Barclays ankPLC Bank ofScotlandPLC BA CoveredBondIssuer A AstraZeneca PLC Arran ResidentialMortgagesFundingPLC Arkle PecohHoldingsLtd Annington FinanceNo4PLC Anglo IrishssetFinancePLC Anglo mericanCapitalPLC Amlin PLC Alpha CreditGroupPLC Aire V Abbey NationalT United Kgdom National BankofAbuDhabiPJSC Mubadala DevelopmentCo First GulfBankPJSC Emirate ofAbuDhabi Abu DhabiNationalEnergyCo Abu DhabiCommercialBankPJSC United ArabEmirates Banque CentraledeT Tunisia Petroleum CoofT Trinidad anobago Thai OilPCL PTT PCL PTT ChemicalPCL Bangkok ankPCL Thailand Zurich FinanceUSAInc UBS AG Syngenta FinanceNV Swiss ReinsuranceCoLtd Swiss ReAmericaHoldingCorp Swiss LifeAG Novartis SecuritiesInvestmentLtd Holcim FinanceLuxembourgSA Government ofSwitzerland Credit SuisseAG Banque SYZ&CoSA Switzerland V V eliaSonera AB olvo T attenfall AB viva PLC A FinancePLC alley MortagesPLC reasury AB reasury ServicesPLC/ondon rinidad &T unisie SA obago Ltd 17 995983792 1 464077674 1 753316408 2 634215086 1 083360363 4 795548557 3 906535760 1 807432661 2 546507222 3 134955041 4 693696932 2 767848995 561 510691 756 419644 982 399406 950 453596 447 062875 219 235736 156 854958 104 259519 207 848388 395 208782 236 403479 674 577143 231 935616 176 838511 201 839495 174 162302 796 466793 460 892792 499 240697 901 622788 537 216198 124 743625 675 711155 156 575424 208 207567 160 980725 349 213718 232 499037 562 411400 169 467041 102 951545 177 476575 435 189787 15 463732 44 317673 48 373225 19 573124 24 138471 21 577107 61 766724 64 064076 34 255022 43 984565 55 912226 49 845149 98 608900 94 626207 51 218777 96 139836 49 262990 53 643883 29 177134 83 519923 93 362114 26 004157 80 277518 54 496853 28 765109 37 914154 16 236921 29 980439 94 246284 30 275182 21 645568 85 301139 32 600385 87 977576 80 833377 75 871820 80 213701 46 507775 5 903454 3 216961
Market value Holdings of bonds at 31 December 2010 (NOK) Accredited MortgageLoan T ABSC NIMsT ABN AmroMortgageCorp AbitibiBowater Inc ABFS MortgageLoanT Abbott Laboratories Aames MortgageInvestmentT United States Zurich FinanceUKPLC Yorkshire BuildingSociety WPP FinanceUK White CityPropertyFinancePLC Western PowerDistributionSouthWest PLC Western PowerDistributionSouthWales PLC Wessex Water ServicesFinancePLC Wales &West UtilitiesFinancePLC V United tilitiesWater PLC United KingdomGovernment Unique PubFinanceCoPLC/The Unilever PLC T Thames Water UtilitiesFinanceLtd T T T Standard LifePC Standard CharteredPLC Stagecoach GroupPLC Southern GasNetworksPLC Southern ElectricPowerDistributionPLC South EasternPowerNetworksPLC Society ofLloyd’s Skipton Buildingociety Singer &FriedlanderLtd Severn T Segro PLC Scottish WidowsPLC Scottish PowerLtd Scottish &outhernEnergyPLC Santander UKPLC Sainsbury PropcoBLtd SABMiller PLC RSA InsuranceGroupPLC Royal BankofScotlandPLC/The Royal BankofScotlandGroupPLC Rolls-oyce PLC Rexam PLC Rentokil InitialPLC Reed ElsevierInvestmentsPLC Punch T Prudential PLC Prominent CMBSFundingPLC Principality BuildingSociety Premiertel PLC Piraeus GroupFinancePLC Phoenix NaturalGasFinancePLC Pearson PLC OTE PLC Old MutualPLC Northern RockAssetManagementPLC Northern GasNetworksLtd Northern GasNetworksFinancePLC North West ElectricityNetworks Ltd Network RailInfrastructureFinancePLC Nationwide BuildingSociety National Westminster BankP LC National GridPLC Motability OperationsGroupPLC MmO2 PLC Meadowhall FinancePLC Marks &SpencerPLC London StockExchangeGroupPC London PowerNetworksPC Lloyds TSBBankPC Lloyds BankingGroupPC Lend easeEuropeFinancePC Lehman BrothersHoldingsPC Legal &GeneralGroupPC Legal &GeneralFinancePC Leek Financetd Leeds BuildingSociety Land SecuritiesCapitalMarketsPC Lambda FinanceBV Intercontinental HotelsGroupPLC Hutchison WhampoaFinanceUKPLC HSBC HoldingsPL HSBC FinanceCapitalT HSBC BankPL Holmes MasterIssuerPLC HBOS PLC rafford CentreFinanceLtd esco PLC elereal SecuritisationPLC ate &L odafone GroupPLC averns GroupLtd yle InternationalFinancePLC rent UtilitiesFinancePLC rust rust rust IX rust rust 98 581197056 13 767161210 2 565348792 1 346025862 4 036202103 2 090879765 4 463076430 2 533260158 4 407661723 2 780297892 2 996876618 257 028495 125 330457 293 307007 175 257795 329 177575 712 489467 708 719472 149 930070 278 761075 111 957024 126 160578 277 296804 160 859590 279 204003 132 430436 994 580100 107 187038 430 704597 109 782431 160 429752 220 435471 168 258478 237 410994 859 757272 614 212995 141 840526 59 178379 30 703737 40 391979 48 632135 27 262080 19 539210 19 621479 84 920773 88 610020 35 006075 60 601597 31 663049 84 652558 82 981602 37 779288 33 509064 33 875771 44 579457 83 817555 53 301380 92 596426 79 654289 48 725378 58 307483 58 905589 28 184491 22 498820 18 535299 32 878408 26 532397 98 029676 27 150361 48 125955 27 444254 36 843140 86 115801 42 039343 85 718903 44 043524 17 347711 37 377265 14 867153 17 077723 19 080368 53 180064 9 076655 1 199507 5 264500 3 492512 8 034585 7 197 3 413 3 899 Market value (NOK) 5 Government pension fund global ANNUAL REPORT 2010 Country association accordingtoFTSE(thebenchmark providerforequities). If acompanyis notinthebenchmark, countryofincorporation is listed. Government Pension Fund Global American T American MunicipalPower-Ohio Inc American InternationalGroupnc American HondaFinanceCorp American HomeMortgageInvestmentT American HomeMortgagessets American GeneralMortgageLoanT American GeneralFinanceCorp American ExpressT American ExpressCreditCorp American ExpressCo American ExpressCenturionBank American ExpressBankFSB Ameren Corp Ambac FinancialGroupInc Alterra USAHoldingsLtd Alltel Corp Allstate LifeInsuranceCo Allstate Corp/The Allied Waste NorthAmericaInc Allergan Inc/UnitedStates Alcoa Inc Alabama PowerCo Air Products&ChemicalsInc Agilent T Aflac Inc AFC HomeEquityLoanT Aetna Inc Aegis ssetBackedSecuritiesT Adjustable RateMortgageT ACE SecuritiesCorp ACE INHoldingsnc BellSouth T BellSouth Corp Becton DickinsonandCo Beckman CoulterInc Beaver V Bear StearnsmallalanceCommercialT Bear StearnsCosLLC/The Bear StearnsCommercialMortgageecurities Bear StearnsAssetackedecuritiesT Bear StearnsAdjustableRateMortgageT BB&T Corp Bayview FinancialAssetT Bayview FinancialAcquisitionT Bayview CommercialAssetT Bay AreaT Baxter Internationalnc Bankunited T Bank OneCorp Bank ofNewYork MellonCorp/The Bank ofAmerica-FirstUnionNCommercialMortgage Bank ofAmericaCorp Banc ofAmericaMortgageSecuritiesInc Banc ofAmericaLargeoanInc Banc ofAmericaFundingCorp Banc ofAmericaCommercialMortgageInc Banc ofAmericalternativeLoanT Ball Corp Baker HughesInc BA CreditCardT AFF Finance Axis CapitalHoldingsLtd A A AutoZone Inc Atmos EnergyCorp AT&T MobilityLLC AT&T Inc AT&T Corp Assurant Inc Associates FirstCapitalCorp Asset BackedSecuritiesCorpHomeEquity Asset BackedFundingCertificates Arizona PublicServiceCo Argent SecuritiesInc Arden RealtyLP Archer-Daniels-Midland Co Appalachian PowerCo Apache Corp AON Corp Anthem HoldingCorp Anheuser-Busch InevWorldwide Inc Anheuser-Busch CosInc Analog DevicesInc Anadarko PetroleumCorp Amgen Inc AmerisourceBergen Corp Ameriquest MortgageSecuritiesInc Ameriprise FinancialInc American Water CapitalCorp vnet Inc viation CapitalGroupT echnologies Inc alley IIFunding oll Authority ower Corp elecommunications Inc rust rust ravel RelatedServicesCoInc rust rust rust rust rust rust rust rust rust rust rust rust rust 6 860894154 1 402650773 695 211462 166 274154 169 475817 185 860864 205 112926 558 785439 131 410341 265 943959 293 318461 265 531002 267 813338 143 156179 494 913011 536 835389 293 672112 119 798812 482 162192 112 738615 118 701924 315 862898 128 604120 232 396610 428 459109 274 252027 494 079487 474 927750 119 236685 174 887241 149 243264 141 103512 173 260603 117 920127 277 865790 287 286340 171 744749 350 933019 247 304335 88 884709 47 226476 19 455739 93 310511 13 209098 49 464373 51 577930 11 953154 80 972496 51 208104 48 427400 88 933990 97 053655 48 270640 22 977153 59 030438 49 193694 34 278302 97 391569 26 252150 11 267391 57 491144 23 261843 18 893077 82 040474 41 720405 84 302620 33 238568 48 451734 31 393460 62 948604 15 755866 31 692695 72 776226 16 432365 32 371328 63 850905 39 277923 42 684726 8 503688 3 996094 1 016509 7 304821 5 697482 2 888392 7 169267 4 452207 4 820735 174 748 757 280 169 542 668
Market value Holdings of bonds at 31 December 2010 (NOK) Commercial MortgageLoan T Commercial MortgageAsset T Commerce GroupInc Comerica Inc Comerica Bank Comcast Corp Comcast CableHoldingsLLC Comcast CableCommunicationsLLC Comcast CableCommunicationsHoldingsInc Columbus SouthernPowerCo Colonial Bank/MontgomeryAL Colgate-Palmolive Co Coca-Cola RefreshmentsUSAInc Coca-Cola Co/The CNA FinancialCorp CME GroupInc Clorox Co Cliffs NaturalResourcesInc Cleveland ElectricIlluminatingCo/The City ofSanAntonioTX City ofNewYork NY City ofChicagoIL City NationalCorp/CA Citimortgage AlternativeLoanT Citigroup/Deutsche BankCommercialMortgageT Citigroup MortgageLoanT Citigroup Inc Citigroup CommercialMortgageT Citicorp ResidentialMortgageSecuritiesInc Citicorp MortgageSecuritiesInc Citibank CreditCardIssuanceT CIT GroupSecuritizationCorp/The Cisco SystemsInc Cintas CorpNo2 Cincinnati FinancialCorp CIGNA Corp Chubb Corp Chevron PhillipsChemicalCoLLC Chase MortgageFinanceCorp Chase FundingMortgageLoanAsset-BackedCertificates Chase CommercialMortgageSecuritiesCorp Chase BankUSANA Charles SchwabCorp/The CenturyLink Inc Centex HomeEquity CenterPoint EnergyInc Centerline REITInc Cendant MortgageCorp Cellco Partnership Celgene Corp CBS Corp CBA CommercialSmallBalanceMortgage CBA CapitalT Caterpillar Inc Caterpillar FinancialServicesCorp Carrington MortgageLoanT Carolina Power&LightCo CarMax BusinessServicesLLC Cargill Inc Cardinal HealthInc Capmark FinancialGroupInc Capital OneFinancialCorp Capital OneBankUSANA Capital AutoReceivablesssetT Campbell SoupCo Cadbury PLC CA Inc Burlington NorthernSantaFeLLC Bunge NAFinanceLP Bunge LtdFinanceCorp Bristol-Myers SquibbCo Brandywine OperatingPartnershipLP Branch anking&T BP AMILeasingnc Bottling GroupLLC Boston PropertiesLP Bombardier CapitalMortgageSecuritizationCorp BNY MellonNA BNC MortgageLoanT BMW USCapitalLLC BMC SoftwareInc Blade EngineSecuritizationLtd Blackstone HoldingsFinanceCoLLC BlackRock Inc Black &DeckerCorp Biogen Idecnc BFC T Best uyCoInc Berkshire HathawayInc Berkshire HathawayFinanceCorp Bemis CoInc rust rust II rust Co rust rust Inc rust rust rust rust rust rust rust rust 5 136946482 826 642700 135 302850 111 820388 111 732174 127 152737 129 995839 200 071704 350 363311 518 565814 271 583715 261 876556 429 178415 319 382146 178 823125 282 866031 158 983147 280 394003 208 784713 418 094128 183 093441 345 319751 107 456053 121 253373 207 108414 184 679397 118 494328 124 925017 33 948227 28 921077 63 738961 94 494214 14 714329 19 968621 18 176608 94 151051 45 499905 28 735902 27 848349 46 799738 28 356427 28 968601 81 517629 13 623906 89 814015 46 324737 27 219723 36 773823 68 974268 23 435465 69 386576 56 627649 17 628563 55 688939 28 706116 53 561388 11 646037 29 173732 57 227234 73 482345 77 223159 44 410090 41 253062 23 967713 11 831773 27 564529 81 911239 17 544512 90 475080 86 951107 44 018701 37 682435 85 564853 23 001712 30 400692 33 038636 19 627369 63 937744 29 832567 13 176524 39 463596 3 630111 2 100112 4 967387 4 517721 7 529609 7 627154 9 908096 8 374683 118 212
395 Market value (NOK) 6 Government pension fund global ANNUAL REPORT 2010 Country association accordingtoFTSE(thebenchmark providerforequities). If acompanyis notinthebenchmark, countryofincorporation is listed. Government Pension Fund Global Entergy LouisianaLLC Entergy GulfStatesLouisiana LLC Entergy Corp Entergy ArkansasInc Energy T Enbridge nergyPartnersLP Emerson lectricCo Embarq Corp Ellington LoanAcquisitionT Eli Lilly&Co El PasoPipelinePartnersOperatingCoLLC El PasoNaturalGasCo EI duPontdeNemours&Co Eaton V E-T DVI ReceivablesCorp Dun &BradstreetCorp Duke EnergyOhioInc Duke EnergyIndiananc Duke EnergyCorp Duke EnergyCarolinasLLC DTE EnergyCo Dr PepperSnappleGroupInc Downey Savings&LoanAssociationMortgageT Dow ChemicalCo/The Dominion ResourcesInc/VA DLJ CommercialMortgageCorp Discovery CommunicationsLLC Discover FinancialServices Discover Bank/GreenwoodDE DIRECTV HoldingsLL Diamond OffshoreDrillingInc Diageo InvestmentCorp Devon EnergyCorp Deutsche MortgageSecuritiesInc Deutsche Mortgage&AssetReceivingCorp Deutsche BankFinancialLLC Deutsche BankCapitalT Deutsche ALT Detroit EdisonCo/The Delta AirLinesInc Dell Inc Deere &Co DCP MidstreamLLC Dayton Power&LightCo/The Darden RestaurantsInc Danaher Corp Dallas AreaRapidT Daimler NorthAmericaCorp CW CapitalCobaltLtd CVS CaremarkCorp CSX Corp CSAB MortgageBackedT CRH AmericaInc Crest Ltd Cresi FinanceLP Credit-Based AssetServicingandecuritizationLLC Credit SuisseUSAInc Credit SuisseGroupFinanceUSInc Credit SuisseFirstBostonMortgageecuritiesCorp CR BardInc COX CommunicationsInc Coventry HealthCareInc County ofClarkNV Countrywide HomeLoanMortgagePassThrough Countrywide HomeEquityLoanT Countrywide FinancialCorp Countrywide Asset-BackedCertificates Countrywide AlternativeLoanT Countryplace ManufacturedHousingContractT Costco WholesaleCorp Corning Inc Corn ProductsInternationalnc Cooper USInc Continental AirlinesInc Consumers EnergyCo Constellation EnergyGroupInc Consolidated EdisonCoofNewYork Inc Conseco Inc/Old Conseco FinanceSecuritizationsCorp ConocoPhillips HoldingCo ConocoPhillips Co ConocoPhillips Connecticut Light&PowerCo/The ConAgra FoodsInc Con-way Inc Computer SciencesCorp CommonWealth REIT Commonwealth ofMassachusetts Commonwealth EdisonCo Commercial MortgagePassThroughCertificates rade RV andMarineT ance Corp ransfer PartnersLP -A SecuritiesInclternateLoanT ransit rust IV rust rust rust rust rust rust rust rust rust 1 263970563 1 772609740 279 309202 190 668906 157 124790 309 770718 173 115582 118 491247 534 798780 350 419563 123 956549 400 705551 228 064078 135 249480 123 057493 114 915140 409 427295 328 167274 470 367612 113 925611 217 025020 337 974953 113 354479 196 165289 306 148978 137 353435 159 776353 320 111527 172 074984 254 591220 528 479331 406 846422 112 242571 687 210682 130 288725 273 599686 18 635003 19 338842 58 068512 22 321258 27 728281 78 074946 30 733680 12 720761 19 939787 17 108501 91 953151 67 754202 33 510117 55 448680 62 957842 32 293377 32 300493 18 760899 25 505271 69 013395 25 036153 66 948372 59 960004 44 882399 42 811420 33 343152 52 213630 11 863070 85 325527 41 396010 29 393521 24 943233 23 971452 33 329604 40 944168 46 683128 64 888668 33 066261 13 142535 36 030333 32 543639 97 829584 50 340992 94 370591 75 089807 25 821305 4 433999 4 047228 8 791789 2 749288 6 923636 5 446581 364 304 18 528 46 632
Market value Holdings of bonds at 31 December 2010 (NOK) Hewlett-Packard Co Hess Corp Health CareREITInc HCP Inc HCA Inc Hasco NIMT Hasbro Inc Hartford FinancialServicesGroupInc Harsco Corp Harris Corp Harley-Davidson FundingCorp Harborview MortgageLoanT Halliburton Co Guggenheim StructuredRealEstateFundingLtd Guardian LifeInsuranceCoofAmerica GSRPM MortgageLoanT GSR MortgageLoanT GSMP MortgageLoanT GSC CapitalCorpMortgageT GSAMP T GSAMP NIMT GSAA T GS MortgageecuritiesCorpII Greenwich CapitalCommercialFundingCorp Greenpoint MortgageFundingT Greenpoint ManufacturedHousing Great-West Life&AnnuityInsuranceCo Great RiverEnergy Government ofUnitedStatesAmerica Government ofEgypt Government NationalMortgageAssociation Goldman SachsGroupInc/The Golden West FinancialCorp GMAC MortgageCorpLoanT GMAC CommercialMortgageSecuritiesInc GlobalSantaFe Corp Global MortgageSecuritizationLtd Glencore InternationalAG GlaxoSmithKline CapitalInc Georgia PowerCo Genworth LifeInstitutionalFundingT Genworth LifeandAnnuityInsuranceCo Genworth FinancialInc General MotorsFinancialCoInc General MillsInc General ElectricCo General ElectricCapitalServicesInc General ElectricCapitalCorp Genentech Inc GE quipmentMidticketLLC GE CorporateAircraftFinancingLLC GE CapitalCommercialMortgageCorp G-Force LLC Fremont NIMT Fremont HomeLoanT Foster’s FinanceCorp Fortune BrandsInc Ford CreditAutoReceivablesT Florida PowerCorp Florida Power&LightCo Florida GasT Flagstar HomeEquityLoanT Fiserv Inc FirstEnergy SolutionsCorp FirstEnergy Corp First UnionNationalBank-ankofAmericaCommercialMortgageT First HorizonAssetSecuritiesInc First HorizonAlternativeMortgageSecurities First FranklinMortgageLoanAssetBackedCertificates Fifth ThirdBancorp FFCA SecuredLendingCorp FedEx Corp Federal HomeLoanMortgageCorp Federal HomeLoanBanks Federal FarmCreditBank Federal AgriculturalMortgageCorp Farmers InsuranceExchange Fannie Mae Express ScriptsInc Exelon GenerationCoLLC Exelon Corp Eurohypo CapitalFundingT Estee LauderCosInc/The ERP OperatingL ERAC USAFinanceLL Equity OneABSInc Equifirst MortgageLoanT Equifax Inc EQT Corp EOG ResourcesInc Enterprise ProductsOperatingLLC rust rust ransmission CoLLC rust rust rust rust rust rust rust rust rust 1 rust rust rust rust wo LLC rust rust rust 164 626777985 11 500360715 22 828076282 5 796114064 4 038053533 4 401340550 1 968770242 309 998005 191 275010 171 217793 235 013909 139 088224 566 297382 111 249855 424 179345 162 413181 189 957991 148 129265 120 257230 249 543593 201 261882 260 541590 328 325960 147 415596 254 529823 261 391572 100 412 120 473453 161 795906 106 456484 438 442477 115 753154 136 020830 123 555787 133 770641 124 852849 227 830127 222 128764 164 942107 388 451917 217 960156 121 958883 10 209721 74 989681 93 084635 87 393001 12 726611 52 324956 18 319658 86 402623 13 836592 72 467841 60 204769 31 905416 28 305168 27 283643 30 851935 41 930685 30 830398 19 729415 30 883748 36 850249 34 886717 16 978164 43 742716 46 582835 97 070678 21 097913 27 693211 49 234689 68 411646 26 459435 46 979980 88 093861 65 666115 45 572645 36 659980 36 120225 3 196148 4 606251 1 905625 6 979635 5 790427 9 220066 7 805352 1 388464 898 032 77 730 5 093 3 000 9 330 Market value (NOK) 7 Government pension fund global ANNUAL REPORT 2010 Country association accordingtoFTSE(thebenchmark providerforequities). If acompanyis notinthebenchmark, countryofincorporation is listed. Government Pension Fund Global Mach OneT M&T BankCorp Luminent MortgageT Lubrizol Corp Lowe’s CosInc Louisville &JeffersonCountyMetropolitanSewerDistrict Los AngelesUnifiedSchoolDistrict/CA Los AngelesDepartmentofWater &Power Los AngelesCountyPublicWorks FinancingAuthority Los AngelesCountyMetropolitanT Los AngelesCommunityCollegeDistrict/CA Long BeachMortgageoanT Long BeachAssetHoldingsCorp Local InsightMediaFinanceLLC LNR CDOtd Lincoln NationalCorp Life T Liberty PropertyP Liberty MutualGroupInc Lexmark Internationalnc Lehman BrothersHoldingsInc Lehman ABSCorp LB-UBS CommercialMortgageT LB CommercialConduitMortgageT Lazard GroupLLC Laboratory CorpofAmericaHoldings Kroger Co/The Kraft FoodsInc Kinder MorganEnergyPartnersLP Kimco RealtyCorp Kimberly-Clark Corp Kildare SecuritiesLtd KeyCorp Kerr-McGee Corp Kentucky AssetLiabilityCommission Kellogg Co KBC ankNV Kansas StateDepartmentofT JPMorgan ChaseBankNA JPMorgan Chase&Co JP MorganMortgageT JP MorganMortgageAcquisitionCorp JP MorganCommercialMortgageFinanceCorp JP MorganChaseCommercialMortgageSecuritiesCorp JP MorganAlternativeLoanT Joy GlobalInc Johnson ControlsInc John HancockGlobalFundingII John DeereCapitalCorp Jersey CentralPower&LightCo Jefferies GroupInc Jackson NationalLifeInsuranceCo IXIS RealEstateCapitalT ITT Corp ITC HoldingsCorp Irwin HomeEquityCorp Intuit nc International PaperCo International LeaseFinanceCorp International GameT International BusinessMachinesCorp Ingram Micronc Indymac ResidentialAssetBackedT Indymac LoanT Indymac ndexMortgageLoanT Indymac NDBMortgageLoanT Indymac MSCMortgageLoanT Indiana MichiganPowerCo IMP Impac FundingCorp IDEX Corp IC Wilmingtonnc Hyundai CapitalAmerica Humana Inc HSI AssetSecuritizationCorpT HSBC HomeEquityLoanT HSBC FinanceCorp HSBC BankUSANA Hospitality PropertiesT Hospira Inc Hometown CommercialMortgage Homebanc MortgageT Home EquityMortgageT Home EquityLoanT Home EquityAssetT Home DepotInc HJ HeinzFinanceCo HJ HeinzCo Historic TWInc Highwoods PropertiesInc High IncomeT AC MortgageHoldingsInc echnologies Corp rust CommercialMortgage- Backed rust SecuritiesInc rust rust echnology rust rust rust rust rust rust rust rust rust rust ransportation rust rust rust rust rust ransportation Authority rust rust 1 601485996 2 699780207 210 667415 185 739831 222 806382 328 989674 598 700252 518 883529 127 786863 132 282989 319 381191 590 712927 651 831094 200 840492 190 492444 185 711822 205 766425 267 797947 303 380433 927 417358 284 421880 138 563911 535 093069 343 553002 117 869868 18 439667 73 975667 59 363893 58 362634 90 146643 28 735292 38 433769 61 717265 75 644684 50 736503 62 242417 31 400460 24 773842 54 652297 65 289758 92 679301 51 397093 36 208357 54 122982 91 021331 56 451559 20 598399 26 972035 70 750433 19 023871 95 249758 75 706501 34 053777 68 288216 31 406452 62 403753 31 503389 29 856886 38 481669 68 172876 83 396425 69 523918 40 014000 25 563805 28 758574 58 992569 16 213641 29 179503 24 235117 18 689645 26 340933 43 068627 55 428753 66 310334 73 907997 37 208563 3 059992 9 885741 1 804010 1 569859 1 162746 9 132472 5 833628 1 221825 8 590035 7 761986 1 047178 238 625 406 967 744 818 191 701
Market value Holdings of bonds at 31 December 2010 (NOK) Niagara MohawkPowerCorp NextEra nergyCapitalHoldings Inc News AmericaInc News AmericaHoldingsInc Newmont MiningCorp Newell RubbermaidInc New York StateUrbanDevelopmentCorp New York StateDormitoryAuthority New York LifeInsuranceCo New York CityT New York CityMunicipalWater FinanceAuthority New JerseyT New JerseyStateT New CenturyHomeEquityLoanT Nevada PowerCo NBCUniversal MediaLL Navigators GroupInc/The Natixis RealEstateCapitalT Nationwide MutualInsuranceCo Nationwide HealthPropertiesInc National RuralUtilitiesCooperativeFinanceCorp National FuelGasCo National CollegiateStudentLoanT National ArchivesFacilityT NASDAQ OMXGroupInc/The Nabors Industriesnc Nabisco Inc N-Star RealEstateCDOLtd Mutual ofOmahaInsuranceCo Murphy OilCorp Municipal ElectricAuthorityofGeorgia Multi SecurityAssetT MSDWCC HelocT Motors LiquidationCo Motorola SolutionsInc Mosaic Co/The MortgageIT T Morgan StanleyMortgageLoanT Morgan StanleyIXISRealEstateCapitalT Morgan StanleyHomeEquityLoanT Morgan StanleyCapitalI Morgan StanleyABSCapitalI Morgan Stanley Monumental GlobalFundingLtd Montpelier ReHoldingsLtd Molson CoorsInternationalLP MLCC MortgageInvestorsnc Midamerican FundingLLC Midamerican EnergyHoldingsCo MidAmerican EnergyCo Mid-State T Michigan BellT Mezz CapCommercialMortgageT Metropolitan LifeInsuranceCo Metropolitan GovernmentofNashville&DavidsonCountyConventionCenterAuth MetLife Inc Merrill L Merrill L Merrill L Merrill L Meridian FundingCoLLC Merck &CoInc Mellon ResidentialFundingCorp Medtronic Inc Medco HealthSolutionsInc Mead JohnsonNutritionCo McKesson Corp McGraw-Hill CosInc/The McDonald’s Corp MBNA CreditCardMasterNoteT Maxim IntegratedProductsnc Mastr SpecializedLoanT Mastr ReperformingLoanT MASTR AssetSecuritizationT Mastr AssetBackedSecuritiesT Mastr AlternativeNIM MASTR AlternativeLoansT Mastr AdjustableRateMortgagesT Massachusetts MutualLifeInsuranceCo Massachusetts ElectricCo Maryland StateT Martin MariettaMaterialsInc Marshall &IlsleyCorp Marsh &McLennanCosInc Marriott Internationalnc/DE Markel Corp Marathon OilCorp Manufacturers &T Manpower Inc Magellan MidstreamPartnersLP Madison A ynch MortgageT ynch MortgageLendingInc ynch MortgageInvestorsnc ynch &CoInc venue ManufacturedHousingContract rust rust ransportation T elephone Co ransitional FinanceAuthority ransportation Authority rust raders T urnpike Authority rust rust rust rust Co rust rust rust rust rust FundAuthority rust rust rust rust rust rust rust rust rust rust 3 020988210 2 011360578 426 702536 191 183210 109 414421 156 434050 126 362174 146 049192 121 152900 296 675961 118 451551 209 351565 381 430776 135 361039 129 855047 415 057212 127 093209 615 558235 510 670348 490 109249 177 669719 170 477617 101 525103 166 829873 144 038537 182 809556 182 029736 101 284212 105 949890 145 329699 237 099749 115 445702 353 269650 23 389874 60 663447 31 380693 29 255373 14 617703 58 101684 28 580208 54 919275 56 915588 54 401871 90 452005 28 047209 31 719264 35 916988 80 869164 21 874804 62 110149 28 890813 16 873106 76 207879 30 287363 64 168677 22 938723 94 404090 32 562058 17 623992 18 795037 59 505810 85 004455 30 560179 63 823411 49 956713 29 556453 33 954321 15 744002 43 032047 61 993799 12 614385 25 717515 37 738895 38 526508 34 058396 28 326952 26 934549 29 596523 8 306323 5 572569 4 457145 1 337694 9 596256 1 881609 1 558486 5 509449 7 059514 2 309598 8 662678 651 172 3 671 Market value (NOK) 8 Government pension fund global ANNUAL REPORT 2010 Country association accordingtoFTSE(thebenchmark providerforequities). If acompanyis notinthebenchmark, countryofincorporation is listed. Government Pension Fund Global Realty IncomeCorp RBS CitizensNA Rampart CLOtd Ralcorp HoldingsInc RAAC Series Qwest Corp Quest DiagnosticsInc/DE Puget SoundEnergyInc Public ServiceNewHampshireFundingLLC Public ServiceElectric&GasCo Public ServiceCoofColorado PSEG PowerLLC Prudential InsuranceCoofAmerica/The Prudential FinancialInc Provident FundingMortgageLoanT ProLogis Progress EnergyInc Procter &GambleCo/The Private ExportFundingCorp Principal FinancialServicesInc Principal FinancialGroupInc Prime MortgageT President andFellowsofHarvardCollege Praxair Inc PPL EnergySupplyLLC PPL ElectricUtilitiesCorp PPG Industriesnc PPF FundingInc Potomac ElectricPowerCo Port AuthorityofNewYork &NewJersey Popular ABSMortgagePass-Through PNC MortgageAcceptanceCorp PNC FundingCorp PNC FinancialServicesGroupInc PNC BankNA Plum CreekT Platinum UnderwritersFinanceInc Plains AllmericanPipelineLP Pitney BowesInc PHH MortgageCapitalLLC PHH AlternativeMortgageT Pharmacia Corp Pfizer Inc PepsiCo Inc/NC Pepsi-Cola MetropolitanBottlingCoInc People’s FinancialRealtyMortgageSecuritiesT Pennsylvania ElectricCo Pemex ProjectFundingMasterT Peco EnergyCo PartnerRe FinanceALLC Parker HannifinCorp Park PlaceSecuritiesInc Panhandle EasternPipelineCoLP Pall Corp Pactiv Corp PacifiCorp Pacific LifeCorp Pacific LifeGlobalFunding Pacific Gas&ElectricCo Ownit MortgageLoanAssetBackedCertificates Owens Corning Origen ManufacturedHousing Oregon StateDepartmentofT Oracle Corp Option OneMortgageLoanT Opteum MortgageAcceptanceCorp ONEOK PartnersLP Oneok Inc Oncor ElectricDeliveryCoLLC Omnicom GroupInc Oil InsuranceLtd Ohio StateWater DevelopmentAuthority Ohio StateUniversity/The Ohio PowerCo Oglethorpe PowerCorp Occidental PetroleumCorp Oakwood MortgageInvestorsnc NuStar PipelineOperatingPartnershipLP NuStar LogisticsP Nucor Corp NSTAR ElectricCo NSTAR NSCR T Novastar HomeEquityLoan Northern StatesPowerCo/MN Northern NaturalGasCo Norfolk SouthernCorp Nordstrom Inc Nomura Credit&CapitalInc Nissan MotorAcceptanceCorp Nisource FinanceCorp rust imberlands LP rust rust rust ransportation rust rust rust rust 109 723239 132 344779 572 686553 108 740043 101 603417 159 409358 157 648535 140 113695 115 688867 221 680617 290 804017 163 813116 475 417976 110 934450 433 901909 605 855863 169 425950 151 049099 118 360209 108 810359 114 342967 109 379569 160 600163 132 008828 122 761310 113 746240 68 349026 29 770450 21 630738 30 837505 39 422867 44 812058 48 496886 46 541881 46 666724 47 889084 29 879189 73 236812 92 438206 52 702950 12 281260 94 516820 32 860624 99 436272 16 675731 20 149812 73 712101 79 868618 93 562960 30 415069 61 295817 68 606367 32 628607 18 056201 46 601087 96 644546 44 793282 65 341625 10 574159 18 915200 29 666176 18 843101 34 323133 29 756891 48 655254 82 069728 46 389965 61 615364 10 736850 27 867911 54 216920 76 941277 52 983469 25 281070 33 196030 24 325180 37 190967 61 256259 59 634189 47 309779 62 861442 24 138829 5 594135 3 741824 5 321904 9 071638 2 906250 8 888885 499 454 959 931 578 396
Market value Holdings of bonds at 31 December 2010 (NOK) SunT SunT Sunoco Inc Stryker Corp Structured AssetecuritiesCorp Structured AssetReceivablesT Structured AssetMortgageInvestmentsnc Structured AssetInvestmentLoanT Structured AdjustableRateMortgageLoanT State treetCorp State treetBankandT State PublicchoolBuildingAuthority State ofWashington State ofUtah State ofT State ofOregon State ofMississippi State ofIllinois State ofCalifornia Staples Inc Stanley Black&DeckerInc StanCorp FinancialGroupInc St JudeMedicalInc Spectra EnergyCapitalLLC Specialty Underwriting&ResidentialFinance Sovereign Bank/WyomissingP Southwestern ElectricPowerCo Southwest AirlinesCo Southern PowerCo Southern CopperCorp Southern Co Southern CaliforniaGasCo Southern CaliforniaEdisonCo Southeast upplyHeaderLLC South CarolinatatePublicerviceAuthority South CarolinaElectric&GasCo Soundview HomeEquityLoanT Smart HomeReinsuranceLtd SLM Corp SLC StudentLoanT Simon PropertyGroupLP Sigma-Aldrich Corp Sharp PILLCNetnterestMarginT SG MortgageecuritiesT SES GlobalAmericasHoldingsGP Serpentine UnlistedFund Sequoia MortgageT Sempra Energy Securitized AssetBackedReceivablesLLCT SEACOR HoldingsInc Science ApplicationsInternationalCorp SCAN Corp SC Johnson&onInc SBI HelocT SB FinanceT Saxon AssetecuritiesT Sara LeeCorp Santander HoldingsUSAInc Santa ClaraV San FranciscoCity&CountyPublicUtilitiesCommission San DiegoGas&ElectricCo San DiegoCountyWater Authority San DiegoCountyRegionalT Salt RiverProjectAgriculturalImprovement&PowerDistrict Sallie MaeInc Safeway Inc Ryder SystemInc Rutgers-State UniversityofNewJersey/NewBrunswickNJ RR Donnelley&SonsCo RPM Internationalnc Roper Industriesnc Rohm andHaasCo Roche HoldingsInc Resix FinanceLtdCredit-inkedNotes Residential FundingSecuritiesLLC Residential FundingMortgageSecuritiesIIInc Residential FundingMortgageSecuritiesI Residential AssetSecuritizationT Residential AssetSecuritiesNIMCorp Residential AssetSecuritiesCorp Residential AssetMortgageProductsInc Residential AccreditLoansInc RESI FinanceLP Republic ServicesInc Renaissance HomeEquityLoanT Reliance Steel&AluminumCo Reinsurance GroupofAmericaInc Regions FinancialCorp Regional T Regency CentersLP Reed ElsevierGroupPLC rust CapitalVIII rust BanksInc exas ransportation District rust rust alley T ransportation Authority rust rust rust Co rust rust ransportation Commission A rust rust rust rust rust rust rust rust 349 245884 175 416611 149 391839 405 696698 335 277384 184 827898 267 787589 164 766448 294 654613 139 988244 500 355897 515 009780 867 433074 140 912069 580 029146 43 550066 56 367685 19 857048 36 729058 22 287444 36 593832 30 003544 21 713972 48 474633 33 072289 53 140525 57 283544 53 162144 53 603025 18 525262 56 035432 11 644550 16 493705 62 795680 62 658134 29 061764 75 947365 25 306292 79 378000 32 122045 67 960223 50 928146 31 326585 18 272759 44 836293 21 668811 41 291971 23 241737 27 087079 29 684696 15 414666 67 605882 13 545776 62 712206 26 182160 10 514174 54 708655 10 474691 28 611210 59 984273 24 608414 29 400206 26 804372 78 001982 51 081804 29 037772 72 077293 38 093912 71 084176 64 483697 18 126443 89 880749 57 496494 43 165602 22 403047 94 575673 91 948090 89 796521 29 138604 62 120771 40 754079 57 565482 60 510394 3 750917 5 301659 3 945660 1 010919 3 422303 24 496 4 056
54 Market value (NOK) 9 Government pension fund global ANNUAL REPORT 2010 Country association accordingtoFTSE(thebenchmark providerforequities). If acompanyis notinthebenchmark, countryofincorporation is listed. Government Pension Fund Global Wyeth WR BerkleyCorp Wisconsin Power&LightCo Wisconsin EnergyCorp Willis NorthAmericaInc Williams PartnersLP Williams CosInc/The William StreetFundingCorp White MountainsReGroupLtd Whistlejacket CapitalLLC Whirlpool Corp Western UnionCo/The Wells FargoMortgageBackedSecuritiesT Wells FargoHomeEquityT Wells FargoBankNA Wells Fargo&Co WellPoint Inc Weatherford InternationalLtd WEA FinanceLLC/TAustPtyLtd Watson PharmaceuticalsInc Waste ManagementInc Washington MutualMSCMortgagePass-ThroughFS Washington MutualInc Washington MutualBankFSB Washington MutualBank/DebtnotacquiredbyJPMorgan Washington MutualAsset-BackedCertificates Washington MutualAlternativeMortgagePass-ThroughCertificates WaMu MortgagePassThroughCertificates W W Walt DisneyCo/The Walgreen Co Wachovia BankCommercialMortgage T V V V VF Corp V V V V V V V V V V V USB RealtyCorp US BankNA/CincinnatiOH US Bancorp Unum Group Unknown University ofT University ofCalifornia Unitrin Inc UnitedHealth GroupInc United StatesCellularCorp United ParcelServiceInc UnionBanCal Corp Union PacificCorp Union ElectricCo Union BankNA Unilever CapitalCorp UniCredito ItalianoFundingLLCIV T TJX CosInc T T T TIAA SeasonedCommercialMortgageT TIAA RealEstateCDOLtd Thermo FisherScientificInc T T T T T T T T T TD AmeritradeHoldingCorp T Symetra FinancialCorp Symantec Corp Swiss ReT Swiss ReolutionsHoldingCorp Surgical CareAffiliatesInc T T oledo EdisonCo/The oll BrothersFinanceCorp oyota MotorCreditCorp urner BroadcastingSystemInc ravelers CosInc/The win ReefsPass-Through exas StateT eva PharmaceuticalIndustriesLtd exas EasternT eachers Insurance&Annuityssociationofmerica arget Corp ennessee V erwin MortgageT ime Warner Inc ime Warner EntertainmentCoLP ime Warner CableInc erizon V erizon PennsylvaniaInc erizon NewYork Inc erizon NewJerseyInc erizon NewEnglandInc erizon FloridaLLC erizon CommunicationsInc anderbilt MortgageFinance alspar Corp alor T alero EnergyCorp ulcan MaterialsCo irginia ElectricandPowerCo iacom Inc AMU CommercialMortgageSecuritiesT AMU sset-BackedCertificates elecommunications EnterprisesFinanceCorp irginia Inc reasury USCorp alley Authority ransportation Commission exas System ransmission LP rust rust rust rust rust rust rust 1 596882157 2 883337745 1 697880704 1 337131420 367 819402 141 073210 116 176090 397 940239 215 029462 199 756439 316 006692 219 422544 210 965791 256 643528 380 704945 178 494327 311 137669 111 097755 876 572729 389 071601 242 790108 242 198159 181 680035 516 112440 253 254123 722 089772 132 790364 287 434058 273 937336 196 667858 345 358201 183 148494 27 788607 20 109882 28 858659 23 106608 19 476416 33 026247 38 533185 29 320119 66 793997 40 733378 11 842164 57 655849 26 081270 30 448823 58 050424 58 888336 65 249488 13 665308 62 990521 27 177228 14 680747 78 802481 29 586661 16 402082 53 288439 96 827440 23 060135 22 918946 40 907023 31 393768 87 279115 44 277918 62 769184 69 582093 22 709400 86 532177 35 819500 86 700922 35 537112 58 802719 58 252265 29 689685 29 594021 18 569238 36 223631 37 617148 82 662571 30 931092 67 717364 9 616591 4 986609 1 804781 1 048125 1 968253 9 681625 1 637499 7 304069 358 953 4 301
Market value Holdings of bonds at 31 December 2010 (NOK) World BankGroup/The Nordic InvestmentBank International FinanceFacilityformmunisation Inter-American Development Bank European Union European InvestmentBank Eurofima Council OfEuropeDevelopmentBank Corp AndinadeFomento Asian DevelopmentBank African DevelopmentBank International Organisations Zurich HoldingCoofAmericaInc Zimmer HoldingsInc Yum! BrandsInc Yale MortgageLoanT XL GroupPlc Xerox Corp Xcel EnergyInc rust 22 273428984 1 281685898 1 091581011 1 161738160 968 907602 153 705593 135 894277 531 320582 336 827499 120 851888 372 911378 139 935667 291 021733 104 506686 29 456360 41 921573 29 901748 3 833422
Market value (NOK) 10 Government pension fund global ANNUAL REPORT 2010