The total value of the assets of the Occupational Insurance Funds (hereinafter “the Funds”) increased by €13 million compared to the previous quarter, reaching €2,859 million at the end of the first quarter of 2026.
More specifically, the Funds’ total deposits remained unchanged at €96 million at the end of the first quarter of 2026. The ratio of deposits to total assets remained unchanged from the previous quarter at 3.4%.
The value of the Funds’ total investments in debt securities increased to €1,216 million at the end of the first quarter of 2026, compared to €1,184 million in the previous quarter. The increase in the value of investments is attributable to net purchases of domestic and foreign bonds, which was partially offset by a decline in the valuations of the bond portfolio as a whole. The proportion of debt securities in total assets rose to 42.5% in the first quarter, compared to 41.6% in the previous quarter.
Consolidated Financial Statement of the Funds (period-end balances in millions of euros)
The value of total investments in mutual fund shares rose to €1,048 million at the end of the first quarter of 2026, compared to €1,035 million in the previous quarter. The increase in the value of investments is attributable to net purchases of domestic and foreign shares, which was partially offset by a decline in the prices of all shares. The proportion of mutual fund share investments relative to total assets stood at 36.7%, compared to 36.4% in the previous quarter.
The value of total investments in stocks and other equity instruments decreased to €448 million at the end of the first quarter of 2026, compared to €463 million in the previous quarter. This development is mainly due to a decline in the valuations of all shares. The percentage of investments in shares relative to total assets decreased to 15.7% in the first quarter of 2026, compared to 16.3% in the previous quarter.
