France social security funds debt: long-term securities
France social security funds debt: long-term securities stood at 186,067 EUR million in Q2 2026, according to INSEE – Institut national de la statistique et des études économiques (BDM). It is one of the indicators in the Government debt and financial accounts table (Value · Quarterly), with a complete series running from Q4 1998 to Q2 2026. The complete series with an interactive chart, free to download.
This indicator in the Government debt and financial accounts table
| Indicator | Q2-2026 | Q1-2026 | Q4-2025 | Q3-2025 | Q2-2025 | Q1-2025 | Q4-2024 | Q3-2024 | Q2-2024 | Q1-2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt securities | 262,482 | 254,496 | 248,950 | 261,179 | 257,428 | 256,901 | 252,719 | 256,415 | 243,905 | 239,350 | |
| Long-term debt securities | 186,067 | 171,165 | 170,317 | 186,105 | 187,137 | 187,221 | 186,719 | 193,340 | 191,583 | 193,154 | |
| Short-term debt securities | 76,415 | 83,331 | 78,633 | 75,074 | 70,291 | 69,680 | 66,000 | 63,074 | 52,322 | 46,196 |
Understanding france social security funds debt: long-term securities
Marketable debt obligations with an original maturity exceeding one year issued by statutory bodies governing health insurance, pensions, and unemployment protection. This metric tallies long-term bonds and structured notes placed in capital markets to finance structural deficits, omitting short-term paper and non-negotiable credit agreements. Consolidation ensures that intra-sector holdings of these bonds are excluded from the final public figure.
Reading this data series requires recognizing the influence of long-term fiscal planning and interest rate environments on social protection borrowing costs. Revisions to provisional figures typically occur when issuers finalize custodial reports and verify institutional ownership records. Analysts should contrast these figures with central government bond issuance to identify divergences in borrowing terms and market reception. Year-on-year comparisons are recommended to bypass seasonal maturity bunching and observe underlying debt accumulation.
Frequently asked questions
- What defines the maturity threshold for this debt category?
- An original maturity term exceeding one year distinguishes these securities from short-term money market instruments.
- How do these instruments differ from loans taken out by social security funds?
- These are standardized, negotiable instruments traded among capital market investors, whereas loans involve bilateral agreements with specific financial institutions.
- Are foreign investors able to hold these securities?
- Yes, market placement allows domestic and international investors to hold these debt instruments.