As regards the sectoral breakdown, the annual growth rate of outstanding debt securities issued by nonfinancial corporations increased from 6.8% in January 2009 to 7.8% in February. For the monetary financial institutions (MFIs) sector, this growth rate increased from 5.3% in January 2009 to 6.3% in February. The annual growth rate of outstanding debt securities issued by financial corporations other than MFIs increased from 30.4% in January 2009 to 32.5% in February. For the general government, this growth rate increased from 9.3% in January 2009 to 9.8% in February.
As regards the maturity breakdown, the annual growth rate of outstanding short-term debt securities was 25.6% in February 2009, the same as in January. The annual growth rate of outstanding short-term debt securities issued by MFIs increased from 10.3% to 13.2% during the same period. For long-term debt securities, the annual growth rate increased from 8.2% in January 2009 to 9.2% in February. The annual growth rate of outstanding long-term debt securities issued by MFIs increased from 4.4% to 5.0% during the same period. The annual growth rate of outstanding fixed rate long-term debt securities increased from 5.4% in January 2009 to 6.7% in February. The annual growth rate of outstanding variable rate long-term debt securities increased from 15.6% in January 2009 to 16.1% in February.
Concerning the currency breakdown, the annual growth rate of outstanding euro-denominated debt securities increased from 11.0% in January 2009 to 12.0% in February. For debt securities in other currencies, this growth rate increased from 2.3% in January 2009 to 3.6% in February.
The seasonally adjusted three-month annualised growth rate of outstanding debt securities issued by euro area residents decreased from 19.2% in January 2009 to 17.7% in February.
New issuance of quoted shares by euro area residents totalled EUR 0.2 billion in February 2009. As redemptions came to EUR 0.9 billion, net redemptions amounted to EUR 0.7 billion. The annual growth rate of the outstanding amount of quoted shares issued by euro area residents (excluding valuation changes) was 1.1% in February 2009, the same as in January. The annual growth rate of quoted shares issued by non-financial corporations was -0.1% in February 2009, the same as in January. For monetary financial institutions, it was 7.3% in February 2009, compared with 7.4% in January. For financial corporations other than MFIs, this growth rate was 3.2% in February 2009, compared with 3.1% in January.
The outstanding amount of quoted shares issued by euro area residents totalled EUR 2,922 billion at the end of February 2009. Compared with EUR 5,821 billion at the end of February 2008, this represents an annual decrease of 49.8% in the value of the stock of quoted shares in February 2009, compared with an annual decrease of 43.0% in January, mainly due to market valuation changes.
