As regards the sectoral breakdown, the annual growth rate of outstanding debt securities issued by nonfinancial corporations was 4.0% in June 2011, compared with 4.2% in May. For the monetary financial institutions (MFIs) sector, this growth rate was 1.7% in June 2011, the same as in May. The annual growth rate of outstanding debt securities issued by financial corporations other than MFIs increased from 0.4% in May 2011 to 0.8% in June. For the general government, this growth rate increased from 7.0% in May 2011 to 7.3% in June.
As regards the maturity breakdown, the annual rate of change of outstanding short-term debt securities was -3.7% in June 2011, the same as in May. The annual rate of change of outstanding short-term debt securities issued by MFIs decreased from 0.2% in May 2011 to -3.0% in June. For long-term debt securities, the annual growth rate was 4.7% in June 2011, compared with 4.5% in May. The annual growth rate of outstanding long-term debt securities issued by MFIs increased from 2.0% in May 2011 to 2.3% in June. The annual growth rate of outstanding fixed rate long-term debt securities was 7.0% in June 2011, compared with 6.8% in May. The annual rate of change of outstanding variable rate long-term debt securities was -0.3% in June 2011, compared with -0.5% in May.
Concerning the currency breakdown, the annual growth rate of outstanding euro-denominated debt securities was 4.0% in June 2011, compared with 3.8% in May. For debt securities in other currencies, this growth rate increased from 2.3% in May 2011 to 2.7% in June.
The seasonally adjusted three-month annualised growth rate of outstanding debt securities issued by euro area residents increased from 1.8% in May 2011 to 3.2% in June.
New issuance of quoted shares by euro area residents totalled EUR 23.7 billion in June 2011. As redemptions came to EUR 1.3 billion, net issues amounted to EUR 22.4 billion. The annual growth rate of the outstanding amount of quoted shares issued by euro area residents (excluding valuation changes) increased from 1.3% in May 2011 to 1.6% in June. The annual growth rate of quoted shares issued by non-financial corporations was 0.4% in June 2011, the same as in May.
For monetary financial institutions, the corresponding growth rate increased from 7.4% in May 2011 to 10.2% in June. For financial corporations other than MFIs, this growth rate increased from 2.5% in May 2011 to 3.0% in June. The outstanding amount of quoted shares issued by euro area residents totalled EUR 4,741 billion at the end of June 2011. Compared with EUR 4,055 billion at the end of June 2010, this represents an annual increase of 16.9% in the value of the stock of quoted shares in June 2011, down from 17.2% in May.
