France net debt securities 12-month: monetary financial institutions
France net debt securities 12-month: monetary financial institutions stood at 39,815.88 EUR million in Aug 2026, according to Banque de France – Webstat (webstat.banque-france.fr). It is one of the indicators in the Debt securities issuance table (Value · Monthly), with a complete series running from Jan 1999 to Aug 2026. The complete series with an interactive chart, free to download.
This indicator in the Debt securities issuance table
| Indicator | 08-2026 | 07-2026 | 06-2026 | 05-2026 | 04-2026 | 03-2026 | 02-2026 | 01-2026 | 12-2025 | 11-2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net issues of debt securities, 12-month cumulative | |||||||||||
| Monetary financial institutions, all maturities | 39,815.88 | 34,649.74 | 33,441.28 | 24,883.18 | 45,775.78 | 21,945.68 | 12,404.08 | 20,031.96 | 15,378.26 | 11,956.95 | |
| Monetary financial institutions, short-term | -14,308 | -13,729 | -12,205 | -14,417 | -7,527 | -26,503 | -22,823 | -16,043 | -24,083 | -22,186 |
Understanding france net debt securities 12-month: monetary financial institutions
Resident monetary financial institutions issuing debt securities across all maturity bands over a rolling twelve-month timeframe are tracked by this cumulative metric. The aggregation covers the entire spectrum of bank-issued debt, from overnight money market instruments to multi-year subordinated bonds. Summing the net flows over a full year eliminates seasonal banking calendar distortions and irregular syndication dates.
This measure provides a stable view of how depository institutions utilize capital markets for balance sheet expansion and refinancing. Because the indicator is cumulative, sudden regulatory changes or policy shifts appear as gradual trend adjustments rather than abrupt monthly steps. Analysts should compare this series with non-financial corporate issuance to evaluate relative funding activity between the banking sector and the wider economy.
Frequently asked questions
- What institutions are classified under monetary financial institutions?
- Central banks, credit institutions, and money market funds residing within the economy.
- What is the primary benefit of the 12-month cumulative format here?
- It smooths out monthly volatility caused by periodic bank funding operations and calendar quirks.
- Does this series include equity capital raised by banks?
- No, shares and equity instruments are excluded from debt securities statistics.