Securities Issues Statistics - September 2016

View information release with charts (PDF 213.23KB) and related data tables.

• The outstanding amount of debt securities issued by Irish resident entities (including Government) was €726.9 billion at end-September 2016, which was a fall of 11.7 per cent year-on year.  Over the same period, the outstanding amount of debt securities issued by euro area residents decreased by nearly one per cent.
• Debt financing for the banking sector stood at €56.4 billion at the end of September 2016, a decrease of €4.7 billion compared to the same month last year.
• Quoted shares had a market capitalisation of €558.9 billion at end-September which represented an increase of 7.6 per cent over the year.  The value of the stock of quoted shares issued by euro area residents creased by 4.8 per cent over the year to end-September.

Banking Sector

• At the end of September 2016, the outstanding amount of bank bonds was €56.4 billion, broadly similar to last month – (Charts 1 & 3).  Over the year to September 2016, the outstanding amount of bank bonds decreased by 7.7 per cent. This reflected a decrease of €7.6 billion in long-term debt securities, which was somewhat offset by an increase of €2.9 billion in short-term debt securities.  Long-term debt securities account for 73 per cent of the total debt securities issued by the banking sector (compared to 74.6 per cent one year earlier).
• Over the twelve months to end-September, the total outstanding amount of debt securities for the banking sector across the euro area decreased by 4.3 per cent.
• The market value of equities in the banking sector in Ireland fell by 9.4 per cent over the year to stand at €23.4 billion as of September 2016 (Charts 2 & 3).

Other Financial Intermediaries

• The outstanding amount of debt securities issued by the other financial institutions (OFI)^[1] sector increased by €9.4 billion in September to stand at €532.6 billion (Charts 4 & 6).  This was 14.2 per cent lower compared to September 2015.  Long term debt securities account for 95.4 per cent of the total debt securities issued by the OFI sector.
• Over the past twelve months, the total outstanding amount of debt securities for the OFI sector across the euro area decreased by 2.5 per cent.
• In September 2016, the value of the quoted shares in the OFI sector in Ireland was €19 billion, an increase of €675 million over the month.  There was an increase of 5.3 per cent over the year (Charts 5 & 6).

Non-Financial Corporations

• The value of the quoted shares in the non-financial corporations (NFC) sector increased by €27.3 billion (5.6 per cent) over the month of September to stand at €516.3 billion. This increase of 8.6 per cent over the year was largely due to the impact of mergers and acquisitions (including redomiciling activity).  The September total represents a fall back of €37.5 billion since the high point of July 2015 (Charts 7 & 9).
• Over the past twelve months, the total market capitalisation for equities for NFCs in the euro area increased by just under five per cent.
• The outstanding amount of debt securities issued by NFCs decreased year-on-year by €463 million to stand at €11.4 billion at end September 2016 (Charts 8 & 9).

Detailed tables can be found on the Central Bank of Ireland’s website here. The data are largely compiled from the ESCB Centralised Securities Database.

--------------------------------------------------------------------------------

^[1] The OFI sector data presented here includes issuance by entities classified within the Financial Auxiliaries (FA) or Captive Financial Institutions (CFI) sectors, albeit the identified amounts are insignificant at present.  It is intended to produce a more complete sectoral disaggregation in the near future.