France general government debt: long-term securities
France general government debt: long-term securities stood at 2,691,371 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt securities | 2,987,339 | 2,921,723 | 2,859,038 | 2,901,013 | 2,870,579 | 2,801,689 | 2,777,548 | 2,809,365 | 2,681,326 | 2,683,703 | |
| Long-term debt securities | 2,691,371 | 2,634,824 | 2,584,359 | 2,625,479 | 2,593,890 | 2,535,928 | 2,510,434 | 2,551,716 | 2,433,325 | 2,455,924 | |
| Short-term debt securities | 295,968 | 286,899 | 274,679 | 275,534 | 276,690 | 265,760 | 267,114 | 257,649 | 248,001 | 227,779 |
Understanding france general government debt: long-term securities
Publicly issued debt securities with an original maturity extending beyond one year are quantified within this long-term bracket. This category encompasses multi-year government bonds and structured capital market instruments utilized to finance structural deficits and long-term public investments. Short-term treasury bills are strictly excluded, directing focus toward the permanent core of marketable sovereign debt.
Reading these figures demands focus on structural fiscal trends and long-term interest rate environments rather than seasonal cash-flow variations. Because these instruments have extended lifespans, historical series are subject to revisions when methodological reclassifications or statistical harmonization rules are applied across reporting periods. Year-on-year comparisons offer a reliable view of how core capital market funding evolves without the distortion of monthly bill rollovers.
Frequently asked questions
- What is the minimum maturity threshold for this category?
- An original maturity exceeding one full year.
- Are medium-term notes included here?
- Yes, any marketable security with an initial maturity past the one-year mark falls into this group.
- Why is long-term debt less volatile than short-term debt on a quarterly basis?
- Governments issue multi-year bonds according to planned annual borrowing programs rather than daily cash fluctuations.