Mutual funds saw the highest increase in the ownership of local currency state bonds among non-bank financial institutions with 79.46 percent from Rp13.83 trillion in June 2006 to Rp24.82 trillion in June 2007, followed by securities companies 20.58 percent from Rp340 billion to Rp410 billion, insurance companies 10.33 percent from Rp33.09 trillion to Rp36.51 trillion and pension funds 3.93 percent from Rp22.64 trillion to Rp23 trillion.