Key points
- Total capital issuance by UK residents was £71.6bn in June, £25.7bn higher than in May and £25.4bn higher than the previous six month average.
- Total bond issuance by the PNFC sector was £12.7bn in June, £9.6bn higher than in May and £8.8bn higher than the previous six month average.
- Total commercial paper issuance by the MFI sector was £20.2bn in June, £10.3bn higher than in May and £10.9bn higher than the previous six month average.
- Total equity issuance by the PNFC sector was £3.8bn in June, £1.2bn lower than in May but £2.2bn higher than the previous six month average.
In addition to the summary statistics contained within this release and the associated tables, the Bank publishes a number of more granular series; please see our Bankstats tables (E3.1) and the full list of series and interactive charts.
All sectors
- Gross capital issuance by UK residents was £71.6bn in June, compared to £45.9bn in May and the previous six month average of £46.2bn (Chart 1).
- Net issuance was £28.0bn in June, compared to £5.3bn in May and the previous six month average of £8.8bn (Chart 1).Year-to-date gross issuance was £317.5bn, £95.4bn higher than at the same point the previous year (Chart 2).
- Year-to-date net issuance was £82.2bn, £60.6bn higher than at the same point the previous year (Chart 3).
Chart 1: Total capital issuance by UK-residents (all currencies)
Non seasonally adjusted
Chart 2: Gross capital issuance by UK-residents (all currencies)
Non seasonally adjusted
Chart 3: Net year to date capital issuance by UK-residents (all currencies)
Non seasonally adjusted
Bond issuance
- Gross bond issuance was £35.3bn in June, compared to £18.9bn in May and the previous six month average of £24.6bn (Chart 4).
- Net bond issuance was £12.3bn in June, compared to £1.9bn in May and the previous six month average of £5.3bn (Chart 4).
- The increase in net issuance was driven by an increase in issuance by both the PNFC and OFC sectors.
Chart 4: Bond issuance by UK-residents (all currencies)
Non seasonally adjusted
Commercial paper issuance
- Gross commercial paper issuance was £32.3bn in June, compared to £21.8bn in May and the previous six month average of £19.6bn (Chart 5).
- Net commercial paper issuance was £11.9bn in June, compared to -£1.8bn in May and the previous six month average of £2.1bn (Chart 5).
- The increase in net issuance was driven by an increase in issuance by the MFI sector.
Chart 5: Commercial paper issuance by UK-residents (all currencies)
Non seasonally adjusted
Equity issuance
- Gross equity issuance was £4.0bn in June, compared to £5.3bn in May and the previous six month average of £2.0bn (Chart 6).
- Net equity issuance was £3.8bn in June, compared to £5.2bn in May and the previous six month average of £1.4bn (Chart 6).
- The decrease in net issuance was driven by a decrease in issuance by the PNFC sector.
Chart 6: Equity issuance by UK-residents (all currencies)
Non seasonally adjusted
Key
- PNFC = Private non-financial corporation
- MFI = Monetary financial institutions
- OFC = Other financial corporations
- Other sectors = Other sectors contains public corporations and non-profit institutions serving households
- CP = Commercial paper
Queries
If you have any comments or queries with regard to this release please email DSDSecurities@bankofengland.gsi.gov.uk.
