Capital Issuance - March 2018

Capital issuance statistics consist of UK-based primary market issuance of bonds, commercial paper and equity, representing finance raised in the UK.
Published on 20 April 2018

Overview

  • Gross issuance by UK residents was £48.0bn in March 2018, £15.3bn higher than February 2018 and £7.6bn higher than the previous six month average. Gross issuance was driven by MFIs which was £29.7bn in March.
  • Net issuance by UK residents was £19.9bn in March 2018, £7.9bn higher than February 2018 and £12.2bn higher than the previous six month average. Net issuance was driven by MFIs which was £16.2bn.
  • MFI gross bond issuance was £21.4bn in March 2018, £12.9bn higher than February 2018 and £10.1bn higher than the previous six month average.
  • PNFC gross bond issuance was £2.8bn in March 2018, £2.4bn higher than February 2018 but £1.7bn lower than the previous six month average.

Gross capital issuance

Chart 1: Gross capital issuance by UK-residents (all currencies)

Not seasonally adjusted

Table A: Gross capital issuance by UK-residents (all currencies)

Sterling billions
Not seasonally adjusted

Gross issues by instrument and sector
MFI OFC PNFC Total
Shares Bonds CP Of which:
Sterling (£)
Shares Bonds CP Of which:
Sterling (£)
Shares Bonds CP Of which:
Sterling (£)
B53L Z935 B49M B69I B55L Z937 B53M B72I B57L Z939 B55M B73I B22K
2017 Dec - 5.4 4.2 2.6 1.0 2.8 4.7 6.8 0.8 4.2 5.1 2.2 29.8
2018 Jan - 21.3 8.1 10.8 0.1 5.0 1.8 3.4 0.3 2.2 4.8 1.7 43.5
Feb - 8.5 6.5 3.5 0.4 4.4 3.3 4.8 2.6 0.4 6.0 3.0 32.7
Mar - 21.4 8.3 7.0 1.2 6.3 2.5 3.5 0.9 2.8 4.4 2.5 48.0

Net capital issuance

Chart 2: Net capital issuance by UK-residents (all currencies)

Not seasonally adjusted

Table B: Net capital issuance by UK-residents (all currencies)

Sterling billions
Not seasonally adjusted

Net issues by instrument and sector
MFI OFC PNFC Total
Shares Bonds CP Of which:
Sterling (£)
Shares Bonds CP Of which:
Sterling (£)
Shares Bonds CP Of which:
Sterling (£)
B35L Z93P B36L B79I B39L Z93R B42L B64M B29L Z5ZC Z5ZD B83I B24K
2017 Dec - -1.8 -3.1 -1.3 0.9 -5.4 -1.0 2.4 -0.2 0.4 3.0 -0.9 -5.6
2018 Jan - 7.0 2.8 4.8 0.0 2.4 -0.2 0.4 -0.6 0.1 -0.1 -0.8 11.3
Feb - 1.7 4.5 1.3 0.2 2.2 0.6 1.9 1.4 -2.0 3.0 0.9 12.0
Mar - 9.9 6.4 4.6 1.0 1.9 -1.0 0.7 0.2 -0.4 1.7 0.9 19.9

ExcelGross and Net capital issuance by UK residents (all currencies)

Next release date: 21 May 2018

Further data are available in Table E3.1 of our latest Bankstats tables.