France debt securities holders
France debt securities holders are detailed quarterly by resident status and sector.
| Indicator | Q1-2026 | Q4-2025 | Q3-2025 | Q2-2025 | Q1-2025 | Q4-2024 | Q3-2024 | Q2-2024 | Q1-2024 | Q4-2023 | Q3-2023 | Q2-2023 | Q1-2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Holders of government debt5 | ||||||||||||||
| Holdings of long-term State securities, by holder1 | ||||||||||||||
| Share held of long-term State securities, by holder2 | ||||||||||||||
| Holdings of short-term State securities, by holder1 | ||||||||||||||
| Share held of short-term State securities, by holder2 | ||||||||||||||
| Share of all State securities held by non-residents and residents3 | ||||||||||||||
| Debt securities holdings by sector6 | ||||||||||||||
| Debt securities issued by all residents2 | 5,890,042.8 | 5,753,415.7 | 5,844,081 | 5,768,599.5 | 5,681,707 | 5,626,374.9 | 5,651,749 | 5,513,061.1 | 5,481,132 | 5,353,018.4 | 5,119,148.3 | 5,022,878 | 4,911,813.8 | |
| Debt securities issued by non-financial corporations2 | 765,433.2 | 767,580.1 | 768,357.3 | 750,771.5 | 735,036.1 | 734,200.4 | 739,167.9 | 731,097.4 | 717,993.4 | 718,948.9 | 687,964.9 | 678,037.8 | 677,996.8 | |
| Debt securities issued by financial corporations2 | 2,223,113.2 | 2,192,576 | 2,210,835 | 2,193,155.4 | 2,187,713.7 | 2,178,886.1 | 2,144,995.5 | 2,105,234.9 | 2,088,288.6 | 1,995,668.2 | 1,907,546.7 | 1,809,378.2 | 1,708,586.3 | |
| Debt securities issued by general government2 | 2,901,496.3 | 2,793,259.7 | 2,864,888.7 | 2,824,672.7 | 2,758,957.2 | 2,713,288.4 | 2,767,585.6 | 2,676,728.8 | 2,674,850.1 | 2,638,401.3 | 2,523,636.8 | 2,535,462 | 2,525,230.7 | |
| Debt securities held by residents (all issuers)5 | 4,961,340.9 | 4,862,577.8 | 4,953,709.3 | 4,883,143.3 | 4,809,034.7 | 4,685,970.5 | 4,716,985.3 | 4,606,139 | 4,600,827.1 | 4,428,263.2 | 4,327,550.5 | 4,236,422.3 | 4,124,455.7 | |
| Debt securities issued by non-residents and held by residents5 | 2,443,137.5 | 2,367,279.2 | 2,391,304.9 | 2,342,289.4 | 2,279,941.7 | 2,197,350.4 | 2,192,134.7 | 2,134,848 | 2,127,711.2 | 2,008,845.2 | 1,975,582.4 | 1,948,954.5 | 1,882,983.6 | |
| Issuance and non-resident purchases11 | ||||||||||||||
| All securities issued by residents3 | ||||||||||||||
| Listed shares issued by residents3 | ||||||||||||||
| Debt securities issued by: all residents5 | ||||||||||||||
| Debt securities issued by: non-financial corporations5 | ||||||||||||||
| Debt securities issued by: credit institutions5 | ||||||||||||||
| Debt securities issued by: other financial institutions5 | ||||||||||||||
| Debt securities issued by: general government5 | ||||||||||||||
| Debt securities issued by: central government (state)3 | ||||||||||||||
| Short-term debt securities of credit institutions4 | ||||||||||||||
| Short-term debt securities of general government3 | ||||||||||||||
| Covered bonds3 | ||||||||||||||
| International debt securities (BIS)3 | ||||||||||||||
| Amounts outstanding by issuer sector1 | ||||||||||||||
| Amounts outstanding by currency, maturity and rate (all issuers)6 | ||||||||||||||
| Issuance during the quarter2 |
Latest reading
Non-residents stood at 55.26% in Q1 2026. That is +1.5 pp from Q4 2025 and +3.3 pp from a year earlier. The series on this page is quarterly and runs from Q1 2008 to Q1 2026. Source: Banque de France – Webstat (webstat.banque-france.fr).
- Latest
- 55.26%
- Q1 2026
- vs previous period
- +1.5 pp
- Q4 2025
- vs a year earlier
- +3.3 pp
About this data
France debt securities holders are detailed quarterly by resident status and sector. This dataset from the Banque de France and BIS shows who holds French government and corporate debt. It tracks holdings of credit institutions, insurance corporations, households, and non-residents in EUR million, USD million, and percentages since 1971.
Frequently asked questions
- Who holds French government debt securities?
- French government debt securities are held by both resident and non-resident investors. Resident holders include credit institutions, insurance corporations, pension funds, the central bank, and households.
- What sectors are tracked in the France debt securities holders table?
- The table tracks holdings across financial corporations, monetary financial institutions, insurance companies, households, non-profit institutions, and non-resident buyers. It also details debt issued by financial and non-financial corporations.
- How far back does the France debt securities holdings data go?
- This quarterly dataset compiled by the Banque de France and the Bank for International Settlements (BIS) provides historical coverage starting in 1971.
- What units are used to measure French debt holdings?
- The holdings and transactions are measured in EUR million, USD million, and as percentages of the total outstanding debt securities.