France resident debt securities: outstanding amount
France resident debt securities: outstanding amount stood at 5,843,041.2 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt securities issued by: all residents | |||||||||||
| Outstanding amount | 5,843,041.2 | 5,747,210.69 | 5,596,512.1 | 5,658,028.95 | 5,578,333.05 | 5,521,651.63 | 5,461,549.95 | 5,464,577.26 | 5,401,828.87 | 5,303,840.46 | |
| Net issues in the quarter | 87,399.49 | 138,217.94 | -62,581.8 | 83,244.78 | 96,440.53 | 81,758.88 | -42,272.19 | 80,130.78 | 92,920.84 | 149,320.58 |
Understanding france resident debt securities: outstanding amount
The total nominal stock of bonds, notes, and money market instruments issued by all resident entities measures the cumulative size of the domestic debt market. This metric isolates fixed-income obligations from equity shares, capturing the aggregate debt burden created by government, financial, and corporate borrowers domiciled within the nation. It reflects all outstanding debt securities regardless of who holds them.
Interpreting this total debt stock requires accounting for scheduled maturities and debt buybacks, which steadily extinguish existing obligations alongside new issuance. Year-on-year comparisons offer a reliable gauge of structural credit expansion by smoothing out quarterly borrowing lumps. Analysts must distinguish between nominal outstanding values and market values, as fluctuating interest rates alter the trading price of fixed-income instruments without changing principal redemption amounts.
Frequently asked questions
- What instruments are included in resident debt securities outstanding?
- Treasury bills, sovereign bonds, municipal notes, corporate bonds, and commercial paper issued by residents are included.
- Does this series measure debt at face value or market value?
- Debt securities are typically recorded at nominal or face value for redemption purposes, distinct from market-priced equity shares.
- Why would debt outstanding decrease even when the government runs a deficit?
- If redemptions of maturing bonds exceed the volume of newly issued debt during a quarter, the outstanding stock declines.