France long-term state debt: resident non-profit institutions
France long-term state debt: resident non-profit institutions stood at 0% in Q2 2026, according to Banque de France – Webstat (webstat.banque-france.fr). It is one of the indicators in the Debt securities holders 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 Debt securities holders table
| Indicator | Q2-2026 | Q1-2026 | Q4-2025 | Q3-2025 | Q2-2025 | Q1-2025 | Q4-2024 | Q3-2024 | Q2-2024 | Q1-2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Residents | 42.16 | 44.74 | 46.22 | 47.05 | 47.43 | 48.04 | 48.28 | 48.7 | 48.37 | 48.68 | |
| Non-profit institutions serving households | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Non-financial corporations | 0.35 | 0.31 | 0.32 | 0.37 | 0.38 | 0.26 | 0.32 | 0.26 | 0.25 | 0.31 |
Understanding france long-term state debt: resident non-profit institutions
Charities, religious bodies, trade unions, and social advocacy groups own the proportion of extended-maturity sovereign obligations allocated to entities providing goods or services to households without commercial profit motives. This indicator isolates the financial portfolios of mission-driven membership organizations from corporate and household sectors, focusing exclusively on their capital preservation and reserve management strategies via long-dated government paper. Commercial enterprises and government agencies are entirely excluded from this calculation.
Analyzing these proportional figures requires understanding that philanthropic and advocacy organizations typically maintain conservative reserve policies tied to donation cycles and grant disbursements. Year-on-year comparisons are recommended to smooth out the impact of irregular endowment inflows or major philanthropic distributions. Researchers must avoid assuming these institutional portfolios behave similarly to corporate treasury operations, given their strict statutory limits on risk-taking. Revisions to early estimates generally reflect delayed annual financial statement submissions by constituent charitable entities.
Frequently asked questions
- What types of organizations comprise this category?
- Charities, foundations, trade unions, and professional associations serving households are included.
- How do non-profit portfolios differ from corporate holdings?
- Non-profit entities face strict regulatory and statutory constraints favoring capital preservation over aggressive yield-seeking.
- Why is annual comparison preferred over short-term tracking?
- Endowment inflows and grant cycles often introduce lumpy, seasonal fluctuations that year-on-year views help normalize.