France net debt securities 12-month: non-financial, long-term
France net debt securities 12-month: non-financial, long-term stood at 34,255 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 | |||||||||||
| Non-financial corporations, long-term | 34,255 | 34,900 | 34,545 | 37,637 | 42,067 | 30,151 | 38,025 | 34,806 | 25,866 | 21,602 | |
| 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 |
Understanding france net debt securities 12-month: non-financial, long-term
Long-term bonds and notes issued by non-financial corporations with an original maturity exceeding one year, aggregated over a rolling twelve-month period, constitute this metric. This series isolates structural corporate debt financing used for capital expenditures, mergers, and long-term investments. The annual accumulation removes the irregularities of individual corporate bond launches and seasonal issuance windows.
Analysts rely on this measure to assess multi-year corporate debt trends independently of short-term working capital fluctuations. Because the data is presented as a trailing annual sum, changes in market interest rates take time to fully manifest in the headline figures. Comparing this series with short-term corporate issuance reveals whether businesses favor long-term rate lock-ins or short-term flexibility.
Frequently asked questions
- What defines a long-term corporate debt security in this context?
- An original maturity exceeding one year, typically taking the form of corporate bonds.
- Why is a 12-month cumulative view helpful for long-term corporate debt?
- Large corporate bond issues occur sporadically, and annual smoothing reveals the true underlying trend.
- Do these figures reflect foreign currency bonds issued by domestic firms?
- Yes, all resident non-financial corporate debt securities are included regardless of issuance currency.