Capital Issuance - December 2018

Published on 21 January 2019

Overview

For this publication, data for bond issuance in December 2017 were revised due to the reclassification of an issuer from other sectors to other financial corporations. No other months’ data were affected and details of the revision are available on request.

Gross issuance of equity and debt securities by UK residents was £39.7bn in December, £8.4bn higher than in November, and £4.4bn higher than the previous six month average.
Bond issuance was £22.0bn in December, compared to £13.2bn in November, and was £2.1bn higher than the previous six month average.
OFC bond issuance was £15.4bn in December, £12.1bn higher than in November, and £9.2bn higher than the previous six month average.
PNFC bond issuance was £0.8bn in December, £0.8bn lower than in November, and £3.0bn lower than the previous six month average.
Net issuance of equity and debt securities by UK residents was £8.3bn in December, £12.5bn higher than in November, and £5.0bn higher than the previous six month average.

Gross capital issuance

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	B3EF	B55L	Z937	B53M	B3EG	B57L	Z939	B55M	B3EH	B22K
2018 Sep	-	13.7	6.6	4.5	0.1	8.4	2.9	7.5	0.2	4.9	2.9	2.1	39.6
Oct	-	8.1	7.3	4.3	1.6	7.2	4.0	5.9	0.6	9.0	3.8	3.1	41.6
Nov	-	8.3	8.5	2.4	0.8	3.3	4.2	3.1	0.5	1.6	4.1	1.3	31.3
Dec	-	5.7	6.5	9.6	0.2	15.4	2.9	5.7	0.9	0.8	7.2	1.6	39.7

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

Not seasonally adjusted

Net capital issuance

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	B3EL	B39L	Z93R	B42L	B3EM	B29L	Z5ZC	Z5ZD	B3EN	B24K
2018 Sep	-	8.5	-2.0	1.8	-0.2	7.0	-1.8	4.4	-1.4	2.8	-1.5	-0.6	11.5
Oct	-	-1.6	-3.5	-1.2	1.4	3.4	0.4	3.1	-1.2	7.1	0.4	0.1	6.4
Nov	-	3.3	-1.7	-0.3	0.4	-1.2	-0.6	-1.9	-1.5	-3.8	1.0	-2.3	-4.2
Dec	-	-0.1	0.2	5.9	0.1	10.0	-1.7	3.2	-0.5	-2.6	3.0	-1.6	8.3