Euro area securities issues statistics: February 2022

12 April 2022

• The annual growth rate of the outstanding amount of debt securities issued by euro area residents was 4.7% in February 2022, compared with 4.9% in January.
• For the outstanding amount of listed shares issued by euro area residents, the annual growth rate decreased from 1.7% in January 2022 to 1.4% in February.

Debt securities

New issuances of debt securities by euro area residents totalled EUR 688.2 billion in February 2022. Redemptions amounted to EUR 588.9 billion and hence net issues to EUR 99.3 billion. The annual growth rate of outstanding debt securities issued by euro area residents was 4.7% in February 2022, compared with 4.9% in January.

Data for debt securities

Chart 1

Debt securities issued by euro area residents

(annual growth rates)

Breakdown by maturity

The annual rate of change of outstanding short-term debt securities was -7.7% in February 2022, compared with -8.0% in January. For long-term debt securities, the annual growth rate decreased from 6.1% in January 2022 to 5.8% in February. The annual growth rate of outstanding fixed rate long-term debt securities decreased from 6.6% in January 2022 to 6.2% in February. The annual growth rate of outstanding variable rate long-term debt securities decreased from 3.3% in January 2022 to 3.0% in February.

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 decreased from 5.0% in January 2022 to 4.1% in February. For the monetary financial institutions (MFIs) sector, this growth rate increased from 2.2% in January 2022 to 2.6% in February. The annual growth rate of outstanding debt securities issued by financial corporations other than MFIs decreased from 7.6% in January 2022 to 7.0% in February. For the general government, this growth rate decreased from 5.2% in January 2022 to 4.9% in February.

The annual rate of change of outstanding short-term debt securities issued by MFIs was -6.9% in February 2022, unchanged from January. The annual growth rate of outstanding long-term debt securities issued by MFIs increased from 3.3% in January 2022 to 3.8% in February.

Data for breakdown by sector

Breakdown by currency

Concerning the currency breakdown, the annual growth rate of outstanding euro-denominated debt securities was 5.6% in February 2022, compared with 5.7% in January. For debt securities denominated in other currencies, this rate of change decreased from 0.2% in January 2022 to -1.0% in February.

Data for breakdown by currency

Listed shares

New issuances of listed shares by euro area residents totalled EUR 6.2 billion in February 2022. Redemptions amounted to EUR 18.2 billion and hence net redemptions to EUR 11.9 billion. The annual growth rate of the outstanding amount of listed shares issued by euro area residents (excluding valuation changes) decreased from 1.7% in January 2022 to 1.4% in February. The annual growth rate of listed shares issued by non-financial corporations decreased from 1.2% in January 2022 to 0.9% in February. For MFIs, the corresponding growth rate was 1.5% in February 2022, compared with 1.6% in January. For financial corporations other than MFIs, this growth rate was 4.3% in February 2022, compared with 4.5% in January.

Chart 2

Listed shares issued by euro area residents

(annual growth rates)

The market value of the outstanding amount of listed shares issued by euro area residents totalled EUR 9,320.1 billion at the end of February 2022. Compared with EUR 8,654.5 billion at the end of February 2021, this represents an annual increase of 7.7% in the value of the stock of listed shares in February 2022, down from 18.4% in January.

Data for listed shares

For queries, please use the Statistical information request form.

Notes:

• Unless otherwise indicated, data relate to non-seasonally adjusted statistics. In addition to the developments for February 2022, this statistical release incorporates minor revisions to the data for previous periods. The annual growth rates are based on financial transactions that occur when an institutional unit incurs or redeems liabilities, they are not affected by the impact of any other changes which do not arise from transactions.
• Hyperlinks in the main body of the statistical release and in annex tables lead to data that may change with subsequent releases as a result of revisions. Figures shown in annex tables are a snapshot of the data as at the time of the current release.
• The next statistical release on euro area securities issues will be published on 12 May 2022.