As regards the sectoral breakdown, the annual growth rate of outstanding debt securities issued by nonfinancial corporations decreased from 15.5% in April 2010 to 14.5% in May. For the monetary financial institutions (MFIs) sector, this growth rate decreased from 1.3% in April 2010 to -0.2% in May. The annual growth rate of outstanding debt securities issued by financial corporations other than MFIs decreased from 4.1% in April 2010 to 2.9% in May. For the general government, this growth rate decreased from 8.6% in April 2010 to 8.2% in May.
As regards the maturity breakdown, the annual growth rate of outstanding short-term debt securities was -7.7% in May 2010, compared with -7.6% in April. The annual growth rate of outstanding short-term debt securities issued by MFIs decreased from -9.2% in April 2010 to -10.3% in May. For long-term debt securities, the annual growth rate decreased from 7.1% in April 2010 to 5.9% in May. The annual growth rate of outstanding long-term debt securities issued by MFIs decreased from 3.2% in April 2010 to 1.6% in May. The annual growth rate of outstanding fixed rate long-term debt securities decreased from 10.6% in April 2010 to 9.3% in May. The annual growth rate of outstanding variable rate long-term debt securities decreased from -0.4% in April 2010 to -1.0% in May.
Concerning the currency breakdown, the annual growth rate of outstanding euro-denominated debt securities decreased from 5.2% in April 2010 to 4.1% in May. For debt securities in other currencies, this growth rate increased from 5.9% in April 2010 to 6.5% in May.
The seasonally adjusted three-month annualised growth rate of outstanding debt securities issued by euro area residents was 3.7% in May 2010, the same as in April. New issuance of quoted shares by euro area residents totalled EUR 3.2 billion in May 2010. As redemptions came to EUR 0.8 billion, net issues amounted to EUR 2.4 billion. The annual growth rate of the outstanding amount of quoted shares issued by euro area residents (excluding valuation changes) decreased from 2.7% in April 2010 to 2.4% in May. The annual growth rate of quoted shares issued by non-financial corporations decreased from 1.7% in April 2010 to 1.5% in May. For monetary financial institutions, it decreased from 7.0% in April 2010 to 6.3% in May. For financial corporations other than MFIs, this growth rate was 5.3% in May 2010, the same as in April.
The outstanding amount of quoted shares issued by euro area residents totalled EUR 4,110 billion at the end of May 2010. Compared with EUR 3,609 billion at the end of May 2009, this represents an annual increase of 13.9% in the value of the stock of quoted shares in May 2010, down from 27.9% in April.
