France securities in custody: debt securities
France securities in custody: debt securities stood at 6,807.52 EUR billion in Q1 2026, according to Banque de France – Webstat (webstat.banque-france.fr). It is one of the indicators in the Securities held by residents table (Value · Quarterly), with a complete series running from Q1 2008 to Q1 2026. The complete series with an interactive chart, free to download.
This indicator in the Securities held by residents table
| Indicator | Q1-2026 | Q4-2025 | Q3-2025 | Q2-2025 | Q1-2025 | Q4-2024 | Q3-2024 | Q2-2024 | Q1-2024 | Q4-2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All securities | 12,107.27 | 12,155.25 | 11,956.01 | 12,397.17 | 12,053.48 | 11,809.7 | 11,645.57 | 11,278.51 | 11,457.23 | 11,001.08 | |
| Debt securities | 6,807.52 | 6,644.94 | 6,678.84 | 6,740.87 | 6,475.6 | 6,229.9 | 6,134.93 | 5,938.07 | 5,949.44 | 5,806.07 | |
| Shares | 2,820.64 | 3,036.44 | 2,876.56 | 3,322.22 | 3,328.46 | 3,301.22 | 3,323.14 | 3,213.63 | 3,418.67 | 3,168.27 |
Understanding france securities in custody: debt securities
Fixed-income instruments and negotiable debt obligations across all maturities and issuing sectors held in institutional custody repositories constitute the foundation of this series. The measure captures bonds, notes, and money market instruments, separating pure creditor claims from equity shares and fund units. Excluded from this count are equity investments and collective investment shares, isolating the fixed-income portion of total safekeeping portfolios.
Reading these figures requires understanding that interest rate fluctuations inversely affect bond valuations, meaning market yield changes will alter the aggregate value even if nominal debt holdings remain constant. Early quarterly releases are routinely revised as reporting agents reconcile complex debt restructuring and maturation events. Year-on-year evaluations provide a truer reflection of structural debt accumulation by smoothing out quarterly issuance spikes and seasonal coupon payments. A frequent pitfall is interpreting valuation increases as evidence of expanded borrowing when they actually result from falling market yields.
Frequently asked questions
- Does this debt securities series include both short-term and long-term instruments?
- Yes, it aggregates all maturities of negotiable debt obligations held in custody.
- Are equity shares mixed into this fixed-income total?
- No, equities and investment fund shares are tracked in separate dedicated series.
- How do interest rate shifts impact this custody measure?
- Rising market yields generally depress bond valuations, reducing the aggregate custody value regardless of volume.