France long-term debt securities held by non-residents share
France long-term debt securities held by non-residents share stood at 62.97% in Q2 2026, according to Banque de France – Webstat (webstat.banque-france.fr). It is one of the indicators in the Securities held by residents table (Value · Quarterly), with a complete series running from Q1 2008 to Q2 2026. The complete series with an interactive chart, free to download.
This indicator in the Securities held by residents table
| Indicator | Q2-2026 | Q1-2026 | Q4-2025 | Q3-2025 | Q2-2025 | Q1-2025 | Q4-2024 | Q3-2024 | Q2-2024 | Q1-2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Share of long-term debt securities issued by residents held by non-residents | |||||||||||
| All resident issuers | 62.97 | 61.27 | 60.39 | 59.69 | 59.34 | 58.84 | 58.68 | 58.07 | 58.36 | 58.01 | |
| Non-financial corporations | 63.42 | 62.55 | 62 | 61.65 | 60.68 | 59.91 | 59.57 | 58.91 | 58.49 | 57.52 |
Understanding france long-term debt securities held by non-residents share
The proportion of extended-maturity debt obligations issued across all resident sectors that is owned by external non-resident investors constitutes this indicator. It calculates the share of long-term bonds and notes held abroad relative to total outstanding domestic debt issuance, omitting short-term instruments and equity shares. This measure serves as a primary gauge of cross-border financial integration and foreign investor participation in the domestic capital market.
Reading this percentage requires understanding that movements can stem from foreign portfolio reallocations or shifts in total domestic debt issuance volume. Revisions to early estimates frequently occur due to delayed adjustments in international investment position surveys and custodial residency reporting. Analysts comparing this aggregate share with sector-specific non-resident metrics should account for differing foreign appetite across public and private debt instruments.
Frequently asked questions
- What does the non-resident share indicator measure in the context of long-term debt?
- It measures the percentage of total resident-issued long-term debt held by investors located outside the country.
- Can changes in this percentage occur without any cross-border transactions taking place?
- Yes, changes in total domestic debt issuance volume can alter the percentage share even if foreign holdings remain unchanged.
- Are short-term debt instruments included in this calculation?
- No, this specific indicator is restricted exclusively to long-term debt securities.