France central government liabilities: currency and deposits
France central government liabilities: currency and deposits stood at 134,230 EUR million in Q2 2026, according to INSEE – Institut national de la statistique et des études économiques (BDM). It is one of the indicators in the Government debt and financial accounts table (Value · Quarterly), with a complete series running from Q4 1998 to Q2 2026. The complete series with an interactive chart, free to download.
This indicator in the Government debt and financial accounts table
| Indicator | Q2-2026 | Q1-2026 | Q4-2025 | Q3-2025 | Q2-2025 | Q1-2025 | Q4-2024 | Q3-2024 | Q2-2024 | Q1-2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Liabilities, consolidated outstanding amounts | |||||||||||
| Currency and deposits | 134,230 | 128,467 | 129,018 | 140,026 | 132,569 | 131,175 | 133,972 | 138,586 | 134,832 | 130,796 | |
| Debt securities | 2,678,064 | 2,619,903 | 2,563,841 | 2,594,023 | 2,566,538 | 2,500,567 | 2,480,299 | 2,508,606 | 2,395,434 | 2,401,448 |
Understanding france central government liabilities: currency and deposits
Financial obligations taking the form of physical currency or transferable bank deposits held against the central administrative authority are quantified in this metric. This specific category is distinct from issued bonds, commercial paper, or structured loans, isolating monetary liabilities managed directly by state treasuries or specialized public agencies. It captures components of the money supply or deposit liabilities that carry immediate liquidity demands.
Interpreting these balances requires accounting for regulatory changes in treasury banking arrangements and institutional reclassifications of public accounts. Analysts should distinguish between seasonal movements tied to tax payment periods and structural changes in government deposit policies. Comparing this series with broader debt aggregates highlights the share of central state liabilities that function as direct monetary claims.
Frequently asked questions
- What does currency and deposits liabilities represent for the central state?
- It covers monetary instruments and deposit accounts managed by public treasuries that function as immediate payment claims.
- Are commercial bank borrowings included here?
- No, formal loans from financial institutions are recorded under a separate loan liability category.
- Do these balances exhibit predictable seasonal patterns?
- Yes, operational account balances often shift in tandem with periodic tax collection cycles and state expenditure flows.