Monthly review for commercial paper and medium-term note market - June 2024

Published on the 12th of July 2024

Total outstanding on the NEU CP and NEU MTN market stood at €356 bn in June 2024 (+€16.1 bn year-on-year). This increase is essentially related to the dynamics of the NEU CP segment (+15.7 bn € year-on-year), which accounts for almost 90% of total outstanding. In this segment, public-sector issuers in particular saw strong growth (+€7.1 bn year-on-year). Outstanding in the NEU MTN segment rose by €0.5 bn year-on-year to €40.6 bn.
NEU CP issues by the financial sector (including ABCP issuers) rose to €78.9 bn in June 2024, compared with €76.3 bn the previous month. Issues by the non-financial (corporate) sector increased to €26.4 bn in June 2024 from €25.2 bn in May 2024, as did the public sector issuances, which rose to €16.4 bn in June 2024 from €15.8 bn the previous month.

Updated on the 25th of July 2024

Banque de France - Menu Principal