What is the France composite indicator of systemic stress (CISS)?

The France CISS is a daily index designed by the ECB to measure real-time stress in the French financial system by aggregating volatility and spreads from money, bond, equity, and foreign exchange markets.

What does the France sovereign stress indicator (SovCISS) measure?

The France SovCISS measures stress specifically in the French sovereign debt market, using indicators such as government bond yields, yield spreads, and interest rate volatility.

How should the France CISS and SovCISS index values be interpreted?

Both French stress indicators are bounded between 0 and 1, where a value near 0 represents a state of calm and a value near 1 indicates maximum systemic or sovereign stress.

What is the frequency and historical coverage of the French stress indices?

The ECB publishes both the CISS and SovCISS for France on a daily basis, with historical series available starting from the year 1985.

France CISS and sovereign stress index

Name: France CISS and sovereign stress index
Creator: ECB Data Portal – Composite Indicator of Systemic Stress (CISS), France
License: https://creativecommons.org/licenses/by/4.0/

France systemic stress index (CISS) and sovereign stress indicator from the ECB.

Source: ECB Data Portal – Composite Indicator of Systemic Stress (CISS), FranceLast updated: Sep 14, 2026, 14:16Curated by Bui Thanh PhucAbout this data ↓

	Indicator	10-09-2026	09-09-2026	08-09-2026	07-09-2026	04-09-2026	03-09-2026	02-09-2026	01-09-2026	31-08-2026	28-08-2026	27-08-2026	26-08-2026	25-08-2026	24-08-2026	21-08-2026	20-08-2026	19-08-2026	18-08-2026	17-08-2026	14-08-2026	13-08-2026	12-08-2026	11-08-2026	10-08-2026	07-08-2026	06-08-2026	05-08-2026	04-08-2026	03-08-2026	31-07-2026	30-07-2026
	Composite indicator of systemic stress (CISS)	0.03	0.03	0.03	0.02	0.02	0.02	0.01	0.01	0.01	0	0.01	0	0	0	0	0	0	0	0	0	0	0	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0	0.01
	Composite indicator of sovereign stress (SovCISS)	0.19	0.16	0.13	0.13	0.11	0.1	0.1	0.07	0.08	0.07	0.07	0.07	0.08	0.07	0.07	0.08	0.08	0.09	0.06	0.06	0.05	0.06	0.05	0.08	0.07	0.08	0.09	0.09	0.1	0.08	0.1

Latest reading

Composite indicator of systemic stress (CISS) stood at 0.03 in Sep 10, 2026. That is +3.2% from Sep 9, 2026 and +148.6% from a year earlier. The series on this page is daily and runs from Feb 4, 1985 to Sep 10, 2026. Source: ECB Data Portal – Composite Indicator of Systemic Stress (CISS), France.

Latest: 0.03; Sep 10, 2026
vs previous period: +3.2%; Sep 9, 2026
vs a year earlier: +148.6%

Look up any date

Pick a date between Feb 4, 1985 and Sep 10, 2026 to see every series in this table on that day. If there is no reading that day (weekend, holiday, or a weekly release), the last reading before it is shown.

About this data

France systemic stress index (CISS) and sovereign stress indicator from the ECB. The daily composite indicator of systemic stress (CISS) measures volatility and spreads across money, bond, equity, and foreign exchange markets. The sovereign stress indicator (SovCISS) focuses on French government bond yields, spreads, and volatility. Both indices range from 0 to 1 and are updated daily with historical data starting in 1985.

Frequently asked questions

What is the France composite indicator of systemic stress (CISS)?: The France CISS is a daily index designed by the ECB to measure real-time stress in the French financial system by aggregating volatility and spreads from money, bond, equity, and foreign exchange markets.
What does the France sovereign stress indicator (SovCISS) measure?: The France SovCISS measures stress specifically in the French sovereign debt market, using indicators such as government bond yields, yield spreads, and interest rate volatility.
How should the France CISS and SovCISS index values be interpreted?: Both French stress indicators are bounded between 0 and 1, where a value near 0 represents a state of calm and a value near 1 indicates maximum systemic or sovereign stress.
What is the frequency and historical coverage of the French stress indices?: The ECB publishes both the CISS and SovCISS for France on a daily basis, with historical series available starting from the year 1985.