Euro area funds’ debt securities surged 13% in 2023

- By Joshua Walker
- 08 Mar 2024

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Euro area investment funds’ holdings of debt securities issued by the bloc’s residents grew 13.3% over 2023, marking a recovery after a sharp drop the previous year.

Data from the European Central Bank shows the rise was the largest on a proportional basis since 2014. At €289.5 billion ($314.8 billion), it was also the biggest absolute increase since at least 2008.

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