The total value of debt securities issued by entities based in Portugal amounted to €320.494 billion at the end of August, reflecting a monthly decline of €153.4 million, according to data published by the central bank.
This reduction was driven by amortizations of debt securities from the financial sector and public administrations, which exceeded issuances by €384 million and €19 million respectively, alongside a devaluation of €247 million in public administration debt securities.
Meanwhile, issuances of non-financial corporate debt securities surpassed amortizations by €120 million, and accrued interest on public administration debt securities reached €391 million.
The total public administration debt stood at €190.031 billion in August, marking a 6.3% year-on-year increase. Net issuances, after cumulative amortizations over the year, rose by approximately €1.5 billion from the same month in 2024, reaching €16.2 billion.
Amortizations totaling €57.5 billion, equivalent to 17.5% of the outstanding stock at that time, were scheduled for the coming 12 months as of the end of August.
The central bank highlighted planned amortizations of public administration debt for October of this year and July of next, amounting to €11.5 billion and €12.1 billion respectively.
By the end of August, outstanding ESG (Environmental, Social, and Governance) debt securities issued by resident entities totaled €13.782 billion, representing 4.3% of the total stock of debt securities issued by residents. This was an increase of €63 million from the previous month and up 11.4% from a year earlier.
This sequential increase was attributed to ESG debt issuances surpassing amortizations by €75 million.
The stock of listed shares issued by resident entities grew by 10.6% over the year to €71.292 billion, showing a monthly increase of €641 million from July.
This increase resulted solely from valuations in non-financial companies and the financial sector, amounting to €606 million and €36 million respectively, explained the central bank.
