France outstanding amount: short-term government debt
France outstanding amount: short-term government debt stood at 293,090.55 EUR million 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Short-term debt securities of general government | |||||||||||
| Outstanding amount | 293,090.55 | 283,269.97 | 270,982.74 | 272,104.92 | 268,912.17 | 258,741.21 | 261,257.46 | 251,109.6 | 242,163.82 | 222,609.7 | |
| Net issues in the quarter | 9,502.41 | 11,696.41 | -1,275.01 | 3,320.74 | 11,825.79 | -1,878.43 | 8,302.42 | 9,883.8 | 19,310.91 | 20,908.01 |
Understanding france outstanding amount: short-term government debt
Cumulative nominal stocks of short-term public debt liabilities measure the total outstanding face value of debt securities issued by general government entities with an original maturity of one year or less. This aggregate captures Treasury bills and short-term notes utilized for cash management and bridging temporary fiscal deficits. It differs from long-term government debt stocks by omitting multi-year bonds, focusing entirely on the short-end of the sovereign yield curve.
Evaluating this outstanding balance requires accounting for seasonal tax revenue timing and front-loaded cash-flow needs that cause predictable intra-year fluctuations. Analysts should examine the proportion of short-term debt within total government liabilities to assess refinancing risk exposure. Revisions are rare for outstanding stocks but can occur when debt management agencies reclassify instrument maturities.
Frequently asked questions
- What defines a short-term government debt security in this series?
- It includes negotiable instruments issued by the government with an original maturity of one year or less.
- Why do governments maintain a stock of short-term debt?
- Short-term bills bridge temporary cash-flow mismatches between tax receipts and expenditures.
- How does this differ from total government debt?
- This measure excludes all long-term bonds and notes, isolating the short-term debt component.