Germany portfolio investment expenditure, long-term debt
Germany portfolio investment expenditure, long-term debt stood at 2,086.82 EUR million in Aug 2026, according to Deutsche Bundesbank. It is one of the indicators in the Balance of payments: current account table (Value · Monthly), with a complete series running from Jan 1971 to Aug 2026. The complete series with an interactive chart, free to download.
This indicator in the Balance of payments: current account table
| Indicator | 08-2026 | 07-2026 | 06-2026 | 05-2026 | 04-2026 | 03-2026 | 02-2026 | 01-2026 | 12-2025 | 11-2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Investment income, Expenditure | 18,840.3 | 18,870.25 | 21,681.23 | 32,015 | 23,250.9 | 19,270.16 | 20,624.16 | 17,816.87 | 17,273.75 | 17,224.34 | |
| Investment income, Portfolio investment, Expenditure | 2,645.35 | 2,713.91 | 5,498.02 | 15,959.59 | 7,627.97 | 3,605.42 | 5,254.38 | 2,428.38 | 2,707.99 | 2,861.89 | |
| Investment income, Portfolio investment, Debt securities, Long-term, Expenditure | 2,086.82 | 1,761.48 | 1,893.13 | 2,001.24 | 2,202.61 | 2,470.12 | 1,827.66 | 1,862.19 | 2,201.69 | 2,107.93 |
Understanding germany portfolio investment expenditure, long-term debt
Cross-border interest payments servicing domestic bonds with original maturities exceeding twelve months constitute this measure. Unlike the money market flows tracked in short-term debt metrics, this debit series strictly covers remuneration on capital market instruments held by foreign investors. It excludes dividend distributions and equity yields, focusing entirely on fixed-income liabilities issued by domestic entities, whether public or private. The expenditure logged here reflects the periodic coupon payments disbursed across borders, distinguishing the cost of structural, extended borrowing from transient liquidity management.
Interest schedules on mature sovereign and corporate bonds dictate the timing of these outflows, often creating pronounced seasonal spikes tied to standard annual or semi-annual coupon dates. Analyzing month-on-month shifts offers little analytical value due to this calendar clustering; examining the rolling twelve-month sum provides a clearer view of the structural debt servicing burden. Revisions occur when custodian banks update their reporting on non-resident holdings of domestically issued securities. Changes in prevailing market yields take time to influence this aggregate, as the fixed nature of existing coupons insulates the current payment stream until debt is refinanced.
Frequently asked questions
- Does this series include principal repayments?
- No, only the interest payments on the underlying debt are recorded as primary income expenditure.
- Are corporate bonds included alongside sovereign debt?
- Yes, this metric aggregates the interest paid on all long-term debt securities issued by any domestic entity and held by non-residents.
- How does the original maturity define this classification?
- Only debt securities issued with an original maturity of more than one year fall into this long-term category, regardless of their remaining time to maturity.