As regards the sectoral breakdown, the annual growth rate of outstanding debt securities issued by nonfinancial corporations decreased from 10.0% in July 2007 to 9.6% in August. For the monetary financial institutions (MFIs) sector, this growth rate increased from 10.8% in July 2007 to 11.1% in August. The annual growth rate of outstanding debt securities issued by financial corporations other than MFIs was 27.4% in August 2007, compared with 27.3% in July. For the general government, this growth rate decreased from 3.3% in July 2007 to 3.1% in August.
As regards the maturity breakdown, the annual growth rate of outstanding short-term debt securities increased from 12.6% in July 2007 to 15.2% in August. The annual growth rate of outstanding short-term debt securities issued by monetary financial institutions increased from 14.1% in July 2007 to 16.9% during the same period. Forr long-term debt securities, the annual growth rate decreased from 8.7% in July 2007 to 8.4% in August. The annual growth rate of outstanding fixed rate long-term debt securities was 5.3% in August 2007, compared with 5.4% in July. The annual growth rate of outstanding variable rate long-term debt securities decreased from 15.9% in July 2007 to 15.4% in August.
Concerning the currency breakdown, the annual growth rate of outstanding euro-denominated debt securities was 8.5% in August 2007, compared with 8.4% in July. For debt securities in other currencies, this growth rate decreased from 14.1% in July 2007 to 13.9% in August.
The seasonally adjusted three-month annualised growth rate of outstanding debt securities issued by euro area residents decreased from 9.0% in July 2007 to 7.1% in August.
New issuance of quoted shares by euro area residents totalled EUR 3.3 billion in August 2007. As redemptions came to EUR 6.5 billion, net redemptions amounted to EUR 3.2 billion. The annual growth rate of the outstanding amount of quoted shares issued by euro area residents (excluding valuation changes) was 1.4% in August 2007, compared with 1.5% in July. The annual growth rate of quoted shares issued by non-financial corporations was 1.4% in August 2007, compared with 1.5% in July. For monetary financial institutions, it was 1.3% in August 2007, compared with 1.4% in July. For financial corporations other than MFIs, this growth rate was 1.4% in August 2007, compared with 1.5% in July.
The outstanding amount of quoted shares issued by euro area residents totalled EUR 6,522 billion at the end of August 2007. Compared with EUR 5,545 billion at the end of August 2006, this represents an annual increase of 17.6% in the value of the stock of quoted shares in August 2007, down from 23.4% in July.
