Table 1 
Debt and equity securities issues, net issuances 

Debt and equity securities issues, net issuances
  First quarter 2024 Second quarter 2024 Third quarter 2024 Fourth quarter 2024 First quarter 2025
  billions of dollarsbillions of dollarsbillions of dollarsbillions of dollarsbillions of dollars
Total debt securities 92.2 47.3 89.1 51.5 77.7
By sector          
Non-financial corporations 25.1 14.4 22.1 10.6 19.2
Financial corporations 12.3 -13.6 27.4 9.3 11.0
General government 54.9 46.5 39.6 31.6 47.5
By currency          
Canadian dollars 78.8 1.7 34.5 30.7 45.0
Foreign currencies 13.4 45.6 54.6 20.7 32.7
By original maturity          
Short term (money market instruments) -29.6 -22.6 -7.7 15.5 -3.9
Long term (bonds) 121.8 70.0 96.8 36.0 81.6
One to two years -4.9 2.4 -3.2 2.2 -2.2
Two to five years 27.0 -13.6 17.0 -27.2 7.2
Five to ten years 42.9 47.6 26.3 13.1 28.3
More than ten years 56.8 33.5 56.7 47.9 48.3
By type of interest rate          
Fixed 84.0 28.0 70.6 25.8 42.7
Variable 8.2 19.3 18.5 25.7 35.1
By market of issuance          
Canada 52.4 -3.7 66.6 50.0 40.2
International 39.8 51.0 22.5 1.5 37.6
Total equity securities -2.4 -8.5 -9.9 -15.2 85.2
By sector          
Non-financial corporations -2.7 -10.6 -4.5 -7.1 -9.8
Financial corporations 0.3 2.1 -5.5 -8.1 95.1
Note(s):
  • Instruments are classified according to the sector of the issuer. Non-financial and financial corporation sectors include public and private corporations.
  • Short-term instruments have an original term of one year or less. Long-term instruments have an original term of more than one year.
Source(s):
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