Table 1 
Debt and equity securities issues, net issuances 

Debt and equity securities issues, net issuances
  Fourth quarter 2024 First quarter 2025 Second quarter 2025 Third quarter 2025 Fourth quarter 2025
  billions of dollarsbillions of dollarsbillions of dollarsbillions of dollarsbillions of dollars
Total debt securities 51.8 71.4 26.7 88.5 55.9
By sector          
Non-financial corporations 10.6 19.4 16.6 14.7 13.7
Financial corporations 9.3 4.5 -50.8 33.8 -10.9
General government 31.9 47.5 60.9 39.9 53.2
By currency          
Canadian dollars 31.0 35.0 35.1 63.1 20.9
Foreign currencies 20.7 36.3 -8.4 25.3 35.0
By original maturity          
Short term (money market instruments) 15.5 -14.1 16.7 1.6 -18.0
Long term (bonds) 36.3 85.4 10.0 86.8 73.9
One to two years 2.2 -2.2 -12.4 -9.0 -4.1
Two to five years -27.2 9.2 -45.2 3.3 -18.3
Five to ten years 13.1 28.3 40.0 28.4 63.6
More than ten years 48.2 50.1 27.7 64.2 32.8
By type of interest rate          
Fixed 26.1 36.3 24.1 44.5 36.3
Variable 25.7 35.1 2.6 44.0 19.6
By market of issuance          
Canada 50.3 30.1 56.6 44.8 37.5
International 1.5 41.3 -29.9 43.6 18.4
Total equity securities -17.9 85.1 -8.5 -20.3 -25.9
By sector          
Non-financial corporations -8.9 -9.8 1.3 -7.9 -16.4
Financial corporations -9.0 94.9 -9.7 -12.5 -9.5
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):
Date modified: