As regards the sectoral breakdown, the annual growth rate of outstanding debt securities issued by nonfinancial corporations increased from 8.3% in September 2007 to 8.5% in October. For the monetary financial institutions (MFIs) sector, this growth rate increased from 10.9% in September 2007 to 11.1% in October. The annual growth rate of outstanding debt securities issued by financial corporations other than MFIs decreased from 27.3% in September 2007 to 26.9% in October. For the general government, this growth rate decreased from 3.3% in September 2007 to 3.1% in October.
As regards the maturity breakdown, the annual growth rate of outstanding short-term debt securities increased from 18.9% in September 2007 to 21.8% in October. The annual growth rate of outstanding short-term debt securities issued by monetary financial institutions increased from 23.8% to 25.2% during the same period. For long-term debt securities, the annual growth rate decreased from 8.0% in September 2007 to 7.7% in October. The annual growth rate of
outstanding long-term debt securities issued by monetary financial institutions decreased from 9.1% to 8.9% during the same period. The annual growth rate of outstanding fixed rate long-term debt securities decreased from 5.0% in September 2007 to 4.6% in October. The annual growth rate of outstanding variable rate long-term debt securities was 15.3% in October 2007, the same as in September.
Concerning the currency breakdown, the annual growth rate of outstanding euro-denominated debt securities was 8.8% in October 2007, compared with 8.7% in September. For debt securities in other currencies, this growth rate decreased from 12.3% in September 2007 to 11.8% in October.
The seasonally adjusted three-month annualised growth rate of outstanding debt securities issued by euro area residents increased from 7.4% in September 2007 to 9.4% in October.
New issuance of quoted shares by euro area residents totalled EUR 25.0 billion in October 2007. As redemptions came to EUR 7.4 billion, net issues amounted to EUR 17.6 billion. The annual growth rate of the outstanding amount of quoted shares issued by euro area residents (excluding valuation changes) increased from 1.4% in September 2007 to 1.6% in October. The annual growth rate of quoted shares issued by non-financial corporations was 1.4% in October 2007, compared with 1.3% in September. For monetary financial institutions, it decreased from 1.9% in September 2007 to 1.4% in October. For financial corporations other than MFIs, this growth rate increased from 1.1% in September 2007 to 3.5% in October.
The outstanding amount of quoted shares issued by euro area residents totalled EUR 6,903 billion at the end of October 2007. Compared with EUR 5,898 billion at the end of October 2006, this represents an annual increase of 17.1% in the value of the stock of quoted shares in October 2007, up from 16.5% in September.
