France debt securities outstanding: non-financial, long-term
France debt securities outstanding: non-financial, long-term stood at 765,331 EUR million in Aug 2026, according to Banque de France – Webstat (webstat.banque-france.fr). It is one of the indicators in the Debt securities issuance table (Value · Monthly), with a complete series running from Jan 1999 to Aug 2026. The complete series with an interactive chart, free to download.
This indicator in the Debt securities issuance table
| Indicator | 08-2026 | 07-2026 | 06-2026 | 05-2026 | 04-2026 | 03-2026 | 02-2026 | 01-2026 | 12-2025 | 11-2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Outstanding amount of debt securities (notional value) | |||||||||||
| Non-financial corporations, long-term | 765,331 | 765,525 | 762,622 | 759,283 | 754,921 | 749,235 | 752,969 | 754,418 | 746,633 | 746,659 | |
| Monetary financial institutions, all maturities | 1,646,838 | 1,639,428 | 1,631,257 | 1,621,188 | 1,620,999 | 1,613,358 | 1,615,493 | 1,618,319 | 1,589,555 | 1,592,678 |
Understanding france debt securities outstanding: non-financial, long-term
This data series counts the outstanding notional amount of negotiable debt instruments with an original maturity exceeding one year issued by enterprises outside the financial sector. It measures long-term market-based financing utilized by commercial and industrial corporations for capital investments, acquisitions, and structural balance sheet adjustments. Excluded are short-term commercial paper and long-term liabilities issued by banks or government bodies. Unlike its short-term counterpart, this metric reflects strategic, multi-year funding commitments undertaken by non-financial businesses.
Long-term corporate debt volumes generally exhibit lower month-to-month volatility than short-term instruments, as these obligations are structured for extended horizons. Analysts should focus on twelve-month comparisons to evaluate broader corporate deleveraging or capital-raising cycles. Revisions to early estimates are rare in this series because long-term issuance details are typically well-documented at settlement. When comparing this metric with corporate bond yields, researchers must remember that outstanding stocks reflect historical issuance prices and prevailing yields over multiple past periods.
Frequently asked questions
- What defines the long-term maturity threshold for these corporate securities?
- Instruments must carry an original maturity of greater than one year to be included.
- Does this series include convertible bonds issued by corporations?
- Yes, straight corporate bonds and convertible debt instruments issued by non-financial firms are generally captured.
- How does long-term corporate debt differ from short-term debt in economic interpretation?
- Long-term debt reflects capital investment and structural funding, whereas short-term debt addresses immediate working capital needs.