- The annual growth rate of the outstanding amount of debt securities issued by euro area residents was 2.9% in July 2019, compared with 2.8% in June.
- For the outstanding amount of listed shares issued by euro area residents, the annual rate of change was -0.1% in July 2019, compared with 0.0% in June.
Debt securities
New issuance of debt securities by euro area residents totalled EUR 705.6 billion in July 2019. Redemptions amounted to EUR 637.5 billion and net issues to EUR 68.1 billion. The annual growth rate of outstanding debt securities issued by euro area residents was 2.9% in July 2019, compared with 2.8% in June.
Breakdown by maturity
The annual rate of change of outstanding short-term debt securities increased from -0.1% in June 2019 to 1.3% in July. For long-term debt securities, the annual growth rate was 3.1% in July 2019, the same as in June. The annual growth rate of outstanding fixed rate long-term debt securities was 4.1% in July 2019, compared with 3.9% in June. The annual rate of change of outstanding variable rate long-term debt securities decreased from -2.6% in June 2019 to -3.1% in July.
Data for breakdown by maturity
Breakdown by sector
As regards the sectoral breakdown, the annual growth rate of outstanding debt securities issued by non-financial corporations increased from 4.4% in June 2019 to 4.7% in July. For the monetary financial institutions (MFIs) sector, this growth rate increased from 4.4% in June 2019 to 5.1% in July. The annual growth rate of outstanding debt securities issued by financial corporations other than MFIs was 1.9% in July 2019, compared with 1.8% in June. For the general government, this growth rate decreased from 2.2% in June 2019 to 1.9% in July.
The annual growth rate of outstanding short-term debt securities issued by MFIs increased from 6.8% in June 2019 to 9.1% in July. The annual growth rate of outstanding long-term debt securities issued by MFIs increased from 4.1% in June 2019 to 4.6% in July.
Breakdown by currency
Concerning the currency breakdown, the annual growth rate of outstanding euro-denominated debt securities was 3.5% in July 2019, the same as in June. For debt securities in other currencies, this rate of change was -0.3% in July 2019, compared with -1.0% in June.
Data for breakdown by currency
Listed shares
New issuance of listed shares by euro area residents totalled EUR 6.1 billion in July 2019. Redemptions amounted to EUR 6.9 billion and net redemptions to EUR 0.8 billion. The annual rate of change of the outstanding amount of listed shares issued by euro area residents (excluding valuation changes) was -0.1% in July 2019, compared with 0.0% in June. The annual rate of change of listed shares issued by non-financial corporations was -0.1% in July 2019, compared with 0.0% in June. For MFIs, the corresponding rate of change was -0.1% in July 2019, the same as in June. For financial corporations other than MFIs, this rate of change was -0.1% in July 2019, compared with 0.0% in June.
The market value of the outstanding amount of listed shares issued by euro area residents totalled EUR 7,980.5 billion at the end of July 2019. Compared with EUR 8,168.6 billion at the end of July 2018, this represents an annual decrease of -2.3% in the value of the stock of listed shares in July 2019, down from -0.2% in June.