As regards the sectoral breakdown, the annual growth rate of outstanding debt securities issued by nonfinancial corporations decreased from 7.5% in December 2010 to 7.2% in January 2011. For the monetary financial institutions (MFIs) sector, this rate of change was -0.1% in January 2011, compared with -0.3% in December 2010. The annual growth rate of outstanding debt securities issued by financial corporations other than MFIs was 2.4% in January 2011, compared with 2.2% in December 2010. For the general government, this growth rate was 7.5% in January 2011, compared with 7.4% in December 2010.
As regards the maturity breakdown, the annual rate of change of outstanding short-term debt securities was -6.1% in January 2011, compared with -6.7% in December 2010. The annual rate of change of outstanding short-term debt securities issued by MFIs was -2.6% in January 2011, compared with -5.6% in December 2010. For long-term debt securities, the annual growth rate was 5.0% in January 2011, compared with 4.9% in December 2010. The annual growth rate of outstanding long-term debt securities issued by MFIs was 0.3% in January 2011, compared with 0.5% in December 2010. The annual growth rate of outstanding fixed rate long-term debt securities was 6.9% in January 2011, compared with 7.0% in December 2010. The annual growth rate of outstanding variable rate long-term debt securities increased from 0.6% in December 2010 to 1.0% in January 2011.
Concerning the currency breakdown, the annual growth rate of outstanding euro-denominated debt securities was 3.9% in January 2011, compared with 3.7% in December 2010. For debt securities in other currencies, this growth rate decreased from 3.1% in December 2010 to 2.6% in January 2011.
The seasonally adjusted three-month annualised growth rate of outstanding debt securities issued by euro area residents increased from 2.8% in December 2010 to 4.7% in January 2011.
New issuance of quoted shares by euro area residents totalled EUR 7.4 billion in January 2011. As redemptions came to EUR 1.3 billion, net issues amounted to EUR 6.1 billion. The annual growth rate of the outstanding amount of quoted shares issued by euro area residents (excluding valuation changes) was 1.3% in January 2011, the same as in December 2010. The annual growth rate of quoted shares issued by non-financial corporations was 0.6% in January 2011, compared with 0.7% in December 2010. For monetary financial institutions, the corresponding growth rate decreased from 6.5% in December 2010 to 6.2% in January 2011. For financial corporations other than MFIs, this growth rate increased from 0.6% in December 2010 to 1.8% in January 2011.
The outstanding amount of quoted shares issued by euro area residents totalled EUR 4,758 billion at the end of January 2011. Compared with EUR 4,243 billion at the end of January 2010, this represents an annual increase of 12.1% in the value of the stock of quoted shares in January 2011, up from 4.1% in December 2010.
