Provisional estimates for portfolio investment assets held abroad by entities resident in Malta amounted to €12.4 billion as at the end of December last year.
The Coordinated Portfolio Investment Survey (CPIS) is an annual exercise carried out by a number of countries. This survey measures the market value of total security assets held abroad by entities resident in a country. These data, shown by instrument, is further broken down by country where the assets are invested.
Provisional figures show that total securities as at the end of 2009 amount to €12.4 billion. This shows an increase of €2,247.5 million from the position prevailing at the end of 2008. The main increase, amounting to €2,018.4 million, was registered in long-term debt securities, reaching €11.4 billion at the end of the period under review. The stock position of equity securities increased by €35.2 million from that prevailing a year before, and amounted to €844.3 million. Likewise, there was also an increase in short-term securities over the position shown at the end of 2008, to reach €203.0 million.
As at the end of December 2009, the main country where securities were invested remained Turkey, as was the case in the preceding years, with total securities amounting to €4,230.0 million, making up 34.0 per cent of total securities. Other notable countries for security assets were Germany, accounting for 7.8 per cent of the total, followed by Ireland (5.9 per cent), the United Kingdom (5.4 per cent) and Greece (4.9 per cent).