Capital Issuance - November 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 December 2018

Overview

Gross issuance by UK residents was £31.3bn in November, £10.3bn lower than in October, and £7.2bn lower than the previous six month average.
Bond issuance was £13.2bn in November, compared to £24.3bn in October, and was £9.8bn lower than the previous six month average.
PNFC bond issuance was £1.6bn in November, £7.3bn lower than in October, and £4.1bn lower than the previous six month average.
Net issuance by UK residents was -£4.2bn in November, £10.6bn lower than in October, and £13.3bn lower than the previous six month average. This was driven by negative net issuance across all instruments.

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 Aug	-	8.4	5.5	1.2	-	2.5	3.9	2.2	0.6	0.3	3.2	0.7	24.4
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

Not seasonally adjusted

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
Aug 2018	-	2.5	-1.6	-1.7	-0.8	0.1	0.7	-1.0	-0.9	-0.9	-0.4	-1.2	-1.3
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