Bank of Portugal publishes August 2025 securities statistics with resident debt securities at EUR 320.5bn and listed shares up EUR 642m

The Bank of Portugal published updated securities statistics for August 2025. The release shows that, in August, debt securities redemptions exceeded issuance, slightly reducing the outstanding stock, while the market value of listed shares issued by resident entities increased by EUR 642 million on valuation gains. At end-August, the value of debt securities issued by resident entities totalled EUR 320.5 billion, down EUR 153 million from the previous month. Net redemptions were recorded in the financial sector (EUR 384 million) and general government (EUR 19 million), alongside a EUR 247 million devaluation of general government debt securities, partly offset by net issuance of EUR 120 million by non-financial corporations and EUR 391 million of accrued interest on general government debt. General government debt securities stood at EUR 192.0 billion, with year-to-date net issuance of EUR 16.2 billion, EUR 1.5 billion higher than in the same period of 2024. Outstanding ESG debt securities issued by residents reached EUR 13.8 billion (4.3% of the total resident debt securities stock), up EUR 63 million month on month as issuance exceeded redemptions by EUR 75 million. Scheduled debt redemptions over the next 12 months amounted to EUR 57.5 billion (17.5% of outstanding nominal value), including general government maturities of EUR 11.5 billion in October 2025 and EUR 12.1 billion in July 2026. Listed shares issued by residents totalled EUR 71.3 billion, with the monthly increase fully explained by valuation gains in non-financial corporations (EUR 606 million) and the financial sector (EUR 36 million). The next update is scheduled for 16 October 2025.