France resident-issued securities outstanding amount
France resident-issued securities outstanding amount stood at 8,661,876.78 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All securities issued by residents | |||||||||||
| Outstanding amount | 8,661,876.78 | 8,439,916.18 | 8,483,081.71 | 8,448,623.97 | 8,308,267.41 | 8,335,318.5 | 8,173,614.37 | 8,300,003.75 | 8,161,882.55 | 8,318,402.33 | |
| Net issues in the quarter | 87,320.37 | 137,154.92 | -71,309.47 | 77,728.62 | 100,484.41 | 70,804.64 | -44,843.93 | 80,029.13 | 93,233.58 | 150,706.73 |
Understanding france resident-issued securities outstanding amount
The aggregate valuation of all fixed-income and equity instruments issued by resident entities captures the total capital mobilized through domestic markets. This overarching metric encompasses corporate bonds, government paper, money market instruments, and shares created by domestic issuers, regardless of who ultimately holds them. It differs from net or gross issuance series by recording the cumulative stock of outstanding claims at a specific point in time rather than flow activity during a period.
Reading this total outstanding amount requires adjusting for market price revaluations and corporate actions such as stock splits or debt restructuring, which alter valuations independently of new issuance. Year-on-year comparisons provide a clearer picture of long-term capital market expansion than quarter-on-quarter figures, which can be distorted by valuation swings. Analysts must remember that growth in this metric reflects both new capital formation and asset price inflation across listed markets.
Frequently asked questions
- What instruments are included in total resident-issued securities?
- The total covers all debt securities, bonds, bills, and shares issued by entities domiciled within the national jurisdiction.
- Does outstanding amount measure market capitalization or face value?
- It reflects market value for shares and nominal or market value depending on the specific debt instrument accounting standard.
- Why might this series change without any new securities being issued?
- Market price fluctuations, corporate mergers, and write-offs regularly alter the total outstanding stock without new primary market transactions.