France local government financial assets: debt securities
France local government financial assets: debt securities stood at 840 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Financial assets, consolidated outstanding amounts | |||||||||||
| Debt securities | 840 | 937 | 792 | 795 | 805 | 783 | 780 | 737 | 691 | 635 | |
| Loans | 12,373 | 12,256 | 12,019 | 11,952 | 11,828 | 11,610 | 11,388 | 11,307 | 11,225 | 11,248 |
Understanding france local government financial assets: debt securities
Marketable debt instruments issued by domestic or foreign entities and held as investment assets by sub-national administrative bodies constitute this series. It captures Treasury bills, bonds, and similar tradable securities owned by local governments, excluding equity shares, cash, and loans granted. This measure details the portfolio investments managed by regional entities seeking to earn returns on surplus funds.
When reviewing this metric, analysts should look at annual trends because tactical portfolio adjustments can distort quarter-on-quarter comparisons. Revisions frequently reflect market valuation adjustments and updated asset custody reports provided by financial intermediaries. Comparing this asset category with liability debt securities reveals whether local units operate as net creditors or net debtors in the bond market.
Frequently asked questions
- What types of instruments are held within this asset class?
- Tradable bonds, notes, and bills issued by governments or corporations and owned by local authorities.
- Does this series include equity holdings or mutual fund shares?
- No, equities and investment fund units are reported under a separate asset category.
- Why might these asset figures be revised after initial publication?
- Updates to custodial asset valuations and delayed reporting from portfolio managers can prompt retroactive data corrections.