In August 2019 net issues (gross issues minus redemptions) of securities by resident entities totalled about €0.4 billion. This figure results mainly from positive net issues of debt securities and shares (Chart 1). By institutional sector, there were positive net issues by the general government, which were partly offset by negative net issues by financial corporations (Chart 2).

The outstanding amount of securities issued by residents totalled €459.7 billion, i.e. €0.9 billion more than in July (Chart 3). This increase was chiefly due to the valuation of Treasury bonds (Chart 4).