The Bank of Portugal published updated securities statistics for November 2025, showing total debt securities issued by resident entities at EUR 319.6bn at end-November, up EUR 1.2bn from the previous month, while the stock of listed shares fell by EUR 2.9bn to EUR 73.4bn. The increase in debt securities reflected net issuance by the financial sector (EUR 2.4bn) and non-financial corporations (EUR 0.2bn), partly offset by public administrations where redemptions exceeded issuance by EUR 1.5bn, alongside EUR 0.3bn in accrued interest. Valuation effects reduced the total debt securities stock by EUR 0.2bn, including a EUR 0.1bn fall in financial sector debt securities. Outstanding ESG-labelled debt securities totalled EUR 14.2bn (4.4% of residents’ total debt securities), down EUR 122m due to EUR 97m of net redemptions and valuation changes. Scheduled debt redemptions over the following 12 months were EUR 47.2bn (14.5% of outstanding nominal value), including EUR 6.9m for non-financial corporations in December 2025 and EUR 12.7bn for public administrations in July 2026. The next update is scheduled for 20 January 2026.
Bank of Portugal 2025-12-18
Bank of Portugal publishes November 2025 securities statistics showing EUR 2.9bn fall in resident listed shares and EUR 2.4bn net financial sector debt issuance
The Bank of Portugal's updated securities statistics for November 2025 show resident entities' total debt securities at EUR 319.6bn, a EUR 1.2bn increase from October, while listed shares fell by EUR 2.9bn to EUR 73.4bn. The rise in debt securities was driven by net issuance from the financial sector and non-financial corporations, partially offset by public administration redemptions. ESG-labelled debt securities stood at EUR 14.2bn, decreasing by EUR 122m due to net redemptions and valuation changes.