Capital Issuance - May 2019

Published on 20 June 2019

Overview

Gross issuance of equity and debt securities by UK residents was £43.0bn in May, £2.5bn lower than in April but £6.8bn higher than the previous six month average.
Bond issuance was £26.7bn in May, compared to £27.0bn in April, and was £8.6bn higher than the previous six month average.
MFI bond issuance £14.9bn in May, compared to £13.4bn in April, and was £5.4bn higher than the previous six month average.
OFC bond issuance was £5.2bn in May, compared to £8.0bn in April, and was £0.4bn lower than the previous six month average.
Equity issuance was £1.8bn in May, compared to £3.7bn in April, and was £0.4bn 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 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
May	-	14.9	7.1	4.7	0.5	5.2	3.6	3.1	1.3	6.5	3.9	3.1	43.0

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 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
May	-	7.2	-1.0	3.7	-0.3	1.4	0.3	-0.9	-0.5	2.6	-0.6	-1.3	9.2

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

Not seasonally adjusted

As first notified in the May 2019 release (April 2019 data), the Bank will be changing the publication date of these data from the 14th working day after the period month end to the 19th working day. This change will take effect from the July 2019 statistical release (June 2019 data). This publication is scheduled for the 25th July.

Capital issuance by UK-residents (all currencies)