Table 3 
Debt and equity securities issues, stocks at market value 

Debt and equity securities issues, stocks at market value
  First quarter 2024 Second quarter 2024 Third quarter 2024 Fourth quarter 2024 First quarter 2025 Fourth quarter 2024 to first quarter 2025
  billions of dollarsbillions of dollarsbillions of dollarsbillions of dollarsbillions of dollars difference in billions of dollars
Debt securities total 5,572.9 5,641.1 5,885.0 5,967.2 6,118.8 151.6
By sector            
Non-financial corporations 793.3 812.5 854.5 876.3 890.2 13.9
Financial corporations 2,391.9 2,393.9 2,474.1 2,522.7 2,571.2 48.4
General government 2,387.7 2,434.8 2,556.4 2,568.2 2,657.4 89.3
Federal government 1,311.5 1,321.7 1,379.8 1,388.7 1,451.9 63.2
Provincial and territorial general governments 1,022.4 1,059.2 1,122.9 1,123.3 1,148.8 25.5
Local general governments 53.7 53.8 53.7 56.1 56.7 0.5
Equity securities total 4,258.6 4,242.6 4,624.9 4,764.0 4,918.9 154.9
By sector            
Non-financial corporations 2,365.7 2,334.8 2,486.7 2,520.4 2,535.1 14.8
Financial corporations 1,892.9 1,907.8 2,138.3 2,243.6 2,383.7 140.1
Note(s):
  • The market value reflects the value at which securities are acquired or disposed of in transactions between willing parties, excluding commissions, fees and taxes.
  • Instruments are classified according to the sector of the issuer. Non-financial and financial corporation sectors include public and private corporations.
Source(s):
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