France long-term state debt share: money market funds
France long-term state debt share: money market funds 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Financial corporations | 40.92 | 43.09 | 45.87 | 45.9 | 46.27 | 47.08 | 48.43 | 47.52 | 46.93 | 47.16 | |
| Monetary financial institutions | 28.83 | 30.48 | 32.52 | 32.57 | 32.98 | 33.84 | 35.38 | 34.91 | 34.8 | 35.04 | |
| Money market funds | 0 | 0 | 0.01 | 0 | 0 | 0 | 0 | 0 | 0 | 0.01 |
Understanding france long-term state debt share: money market funds
Short-term collective investment vehicles specializing in high-quality money market instruments hold the proportion of extended-maturity government debt quantified here. Although money market funds primarily focus on short-dated assets, they occasionally acquire longer-dated sovereign instruments nearing maturity or meeting specific liquidity criteria. This series isolates money market funds from longer-term investment funds and traditional banking entities.
Seasonality heavily influences this percentage, as cash management funds experience predictable inflows and outflows tied to corporate tax cycles and institutional liquidity sweeps. Analysts should review period-on-period data to catch immediate shifts in short-term portfolio strategies, while year-on-year comparisons smooth out transient liquidity disturbances. Comparing this share with non-MMF investment funds highlights the distinct regulatory and duration constraints governing money market portfolios.
Frequently asked questions
- What are money market funds in the context of debt holders?
- Collective investment schemes that invest primarily in short-term debt instruments and cash equivalents.
- Why would money market funds hold long-term state debt?
- Typically when long-term securities approach their final maturity dates or meet specific short-term liquidity parameters.
- How does this series differ from other investment fund measures?
- It restricts coverage to funds with short duration profiles, excluding equity, bond, and mixed mutual funds.