Heerlen/Amsterdam, July 20, 2023. ABP’s financial position improved slightly in the second quarter of 2023, following a similar slight improvement in the first quarter. ABP achieved a positive return of 1.1%. As a result, our available assets increased by €5 billion to €475 billion. Due to the increase in interest rates in the second quarter (0.1%), the value of all pensions ABP has to pay now and in the future decreased by €2 billion. As a result of the development of the assets and liabilities, our current funding ratio rose from 111.9% to 113.6% in the second quarter. The policy funding ratio decreased to 116.0%.
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