Table 1 
Debt and equity securities issues, net issuances 

Debt and equity securities issues, net issuances
  Second quarter 2024 Third quarter 2024 Fourth quarter 2024 First quarter 2025 Second quarter 2025
  billions of dollarsbillions of dollarsbillions of dollarsbillions of dollarsbillions of dollars
Total debt securities 47.3 89.1 51.5 71.1 36.7
By sector          
Non-financial corporations 14.4 22.1 10.6 18.7 16.6
Financial corporations -13.6 27.4 9.3 4.9 -51.2
General government 46.5 39.6 31.6 47.5 71.3
By currency          
Canadian dollars 1.7 34.5 30.7 34.8 45.4
Foreign currencies 45.6 54.6 20.7 36.3 -8.6
By original maturity          
Short term (money market instruments) -22.6 -7.7 15.5 -14.1 16.3
Long term (bonds) 70.0 96.8 36.0 85.2 20.5
One to two years 2.4 -3.2 2.2 -2.2 -12.4
Two to five years -13.6 17.0 -27.2 9.0 -45.4
Five to ten years 47.6 26.3 13.1 28.3 40.0
More than ten years 33.5 56.7 47.9 50.1 38.3
By type of interest rate          
Fixed 28.0 70.6 25.8 36.1 34.1
Variable 19.3 18.5 25.7 35.1 2.6
By market of issuance          
Canada -3.7 66.6 50.0 29.9 67.1
International 51.0 22.5 1.5 41.3 -30.4
Total equity securities -8.5 -9.9 -15.2 85.2 -9.5
By sector          
Non-financial corporations -10.6 -4.5 -7.1 -9.8 0.2
Financial corporations 2.1 -5.5 -8.1 95.1 -9.7
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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