France net debt securities (seasonally adjusted): MFIs, long-term
France net debt securities (seasonally adjusted): MFIs, long-term stood at 9,117 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, seasonally adjusted | |||||||||||
| Monetary financial institutions, long-term | 9,117 | 5,900 | 7,899 | 5,424 | 2,312 | 10,362 | 2,327 | 8,227 | 3,798 | 3,694 | |
| Non-monetary financial institutions, all maturities | -1,948 | -14,624 | 10,621 | 7,720 | -12,132 | 14,903 | 505 | -6,356 | 11,545 | 2,254 |
Understanding france net debt securities (seasonally adjusted): MFIs, long-term
Longer-term debt instruments exceeding one year in original maturity, originating from resident banks and credit institutions, determine the values tracked in this particular net flow series. This category encompasses structured bonds, medium-term notes, and subordinated debt utilized by the banking sector for structural capital requirements. The removal of seasonal variation ensures that regular, planned debt syndication schedules do not obscure underlying shifts in bank funding strategies.
Observers should examine structural shifts over multi-month horizons rather than reacting to single-month fluctuations, given the deliberate nature of long-term capital market issuance. Revisions to early estimates frequently occur when final syndication details and dealer reports are fully reconciled. Comparing this series directly against short-term banking debt reveals shifts in institutional funding preferences between money market instruments and multi-year bond markets.
Frequently asked questions
- What types of financial instruments dominate long-term bank debt series?
- Ordinary bonds, medium-term notes, and specialized subordinated debt instruments form the majority.
- How do early monthly estimates differ from final figures?
- Early estimates rely on sample projections that are later updated with comprehensive reporting from resident credit institutions.
- Is foreign currency debt included in these figures?
- Yes, all debt securities issued by resident entities are converted and recorded in euros regardless of denomination currency.