Capital Issuance - April 2019

Published on 21 May 2019

Overview

Gross issuance of equity and debt securities by UK residents was £45.5bn in April, £10.5bn higher than in March and £10.0bn higher than the previous six month average.
Bond issuance was £27.0bn in April, which compares to £21.2bn in March, and was £9.5bn higher than the previous six month average.
MFI bond issuance was £13.4bn in April, which compares to £13.2bn in March, and was £4.7bn higher than the previous six month average.
OFC bond issuance was £8.0bn in April, which compares to £2.5bn in March, and was £2.5bn higher than the previous six month average.
Commercial paper issuance was £14.7bn in April, £1.4bn higher than in March, but was £2.1bn lower than the previous six month average.
Equity issuance was £3.7bn in April, which compares to £0.4bn in March, and was £2.6bn higher than the previous six month average.

Gross capital issuance

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 (£)¹	Shares	Bonds	CP	Of which: Sterling (£)¹	Shares	Bonds	CP	Of which: Sterling (£)
	B53L	Z935	B49M	B3EF	B55L	Z937	B53M	B3EG	B57L	Z939	B55M	B3EH	B22K
2019 Jan	-	9.8	11.7	8.2	0.0	1.2	4.2	1.3	0.1	0.9	7.1	1.0	35.1
Feb	-	6.9	8.5	2.5	0.6	3.4	2.9	3.5	1.0	2.4	4.9	1.9	30.6
Mar	-	13.2	7.4	5.4	0.2	2.5	2.6	2.2	0.2	5.5	3.3	5.1	35.0
Apr	-	13.4	5.7	5.3	0.6	8.0	3.8	8.8	3.1	5.6	5.2	4.2	45.5

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 (£)¹	Shares	Bonds	CP	Of which: Sterling (£)¹	Shares	Bonds	CP	Of which: Sterling (£)
	B35L	Z93P	B36L	B3EL	B39L	Z93R	B42L	B3EM	B29L	Z5ZC	Z5ZD	B3EN	B24K
2019 Jan	-	1.0	6.3	3.3	-0.1	-3.2	0.5	-1.0	-1.1	0.2	3.8	-0.8	7.4
Feb	-	3.3	1.7	1.4	0.4	0.5	-0.7	0.3	-0.4	-3.1	1.2	-1.2	3.0
Mar	-	0.8	1.7	2.8	-0.0	-1.4	-0.7	-1.3	-1.9	3.5	-0.7	2.0	1.2
Apr	-	2.5	-1.4	-1.0	0.1	0.7	0.9	1.2	1.8	2.9	-1.1	1.4	6.4

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

Not seasonally adjusted

The Capital issuance Statistical Release is currently published 14 working days after the end of the reporting period. The Bank’s Data and Statistics Division are reviewing the timeliness of this release and are considering changing publication to 19 working days after the end of the reporting period with effect from the July statistical release (June 2019 data). The additional time will allow for further quality assurance of the data ahead of publication. The final decision will be conveyed in June’s statistical release (May 2019 data).

Capital issuance by UK-residents (all currencies)