Portfolio investment assets held abroad by entities resident in Malta were estimated at €10.6 billion as at the end of December 2007, the National Statistics Office said today.
In said that according to the Coordinated Portfolio Investment Survey (CPIS), provisional figures showed a decrease of €709.1 million in the stock position of total securities. This was mainly the result of decreases of €779.1 million in long-term debt securities.
On the other hand, equity securities increased by €70.5 million. There were no short-term debt securities in 2007 when compared to the €0.8 million recorded the year before.
As recorded in previous years, a substantial amount of total securities were invested in Turkey in the form of long-term debt securities, amounting to €3,411.4 million or 32% of the total.
Investments in Germany, the United Kingdom and Jersey each account for 8% of the total, with €898.8 million, €847.6 million and €800.5 million respectively.
Securities in the United States and Italy closely followed each accounting for 6% of the total, mostly invested as long term debt securities