Capital Market

Stock of fixed income securities and financial intermediation local market (Billions of pesos)
Sel. Serie II.2008 III.2008 IV.2008 I.2009 II.2009 III.2009 IV.2009 I.2010 II.2010 III.2010 IV.2010 I.2011 II.2011 III.2011 IV.2011 I.2012 II.2012 III.2012 IV.2012 I.2013 II.2013 III.2013 IV.2013 I.2014 II.2014 III.2014 IV.2014 I.2015 II.2015 III.2015 IV.2015 I.2016 II.2016 III.2016 IV.2016 I.2017 II.2017 III.2017 IV.2017 I.2018 II.2018 III.2018 IV.2018 I.2019 II.2019 III.2019 IV.2019 I.2020 II.2020 III.2020 IV.2020 I.2021 II.2021 III.2021 IV.2021 I.2022 II.2022 III.2022 IV.2022 I.2023 II.2023 III.2023 IV.2023 I.2024 II.2024 III.2024 IV.2024
Central Bank bills 1,219 1,599 1,284 2,043 1,972 3,493 3,606 4,490 2,335 2,733 1,678 2,933 3,462 3,773 990 3,499 2,350 2,165 0 2,280 2,533 2,480 927 2,098 3,138 3,475 1,000 2,465 2,440 2,550 900 2,861 3,400 4,915 4,215 5,282 6,287 5,173 5,109 6,135 7,306 7,531 6,472 9,549 8,481 8,659 9,140 5,442 20,475 22,680 20,000 21,950 31,300 38,808 42,312 26,413 45,063 38,525 38,225 41,015 43,210 48,910 40,979 30,610 22,470 22,200 22,680
Certificates of deposit 25,613 25,459 26,494 25,961 27,879 26,994 25,615 26,411 28,401 26,105 26,822 28,110 29,515 31,430 32,877 33,167 36,456 37,268 35,095 35,568 36,850 36,597 36,148 38,521 37,213 37,591 40,354 39,543 39,027 41,215 41,933 42,779 44,068 43,630 43,418 41,762 43,696 43,691 43,086 42,256 43,138 43,723 42,936 42,037 43,188 44,178 48,826 52,426 44,594 34,380 33,832 29,245 26,783 26,015 23,356 24,957 29,344 31,826 34,215 33,150 33,908 32,964 41,379 51,771 46,976 40,049 40,706
Commercial papers 421 462 501 561 598 606 503 462 458 336 307 300 315 320 267 267 255 180 208 212 157 154 177 176 176 138 184 209 186 182 137 116 194 251 279 276 274 218 228 327 378 406 449 459 399 371 373 295 150 269 460 425 321 205 275 194 366 303 408 430 470 441 511 558 688 854 1,059
Central Bank Bonds 7,689 9,090 9,573 9,345 9,465 8,104 8,039 8,012 7,962 7,297 7,297 8,133 9,573 10,761 12,180 12,336 12,451 12,747 12,833 12,561 12,625 12,476 11,996 11,798 11,646 11,616 11,831 11,549 12,163 12,666 12,531 10,990 11,501 10,796 10,864 10,329 10,028 9,640 9,709 8,466 8,203 7,516 7,423 6,775 6,825 6,812 4,739 4,694 1,596 1,120 1,049 559 568 565 582 329 343 213 218 81 82 82 84 84 86 86 88
      of which: indexed to inflation 5,433 6,977 7,339 7,141 7,132 6,195 6,132 6,048 5,757 5,033 4,995 5,650 6,682 7,669 8,687 8,795 8,951 8,956 8,984 8,913 8,589 8,346 7,983 7,976 8,158 8,146 8,342 8,278 8,439 8,498 8,431 7,292 7,392 6,807 6,869 6,518 6,390 6,007 6,070 5,081 5,146 4,465 4,364 4,330 4,379 4,366 2,307 2,263 1,002 660 591 391 397 397 411 271 284 155 160 81 82 82 84 84 86 86 88
Banks and Cooperatives Bonds 11,500 12,290 12,691 12,324 12,247 12,484 12,618 12,473 13,035 13,642 13,755 14,097 14,585 15,348 15,517 16,237 16,994 17,278 17,555 18,008 18,348 19,091 19,500 20,043 21,643 21,999 22,745 23,472 24,589 25,833 26,660 27,374 28,320 30,357 31,366 33,165 34,097 34,006 34,508 36,763 37,307 37,720 38,530 39,507 40,636 42,895 43,044 43,319 43,319 42,341 42,938 44,148 43,846 43,239 44,608 45,762 47,886 50,290 54,102 55,215 55,804 55,240 56,416 57,725 58,145 57,912 57,633
of which: indexed to inflation 2,538 2,510 2,612 2,729 2,781 2,888 3,017 2,993 3,055 3,069 3,112 3,124 3,176 3,087 3,271 3,173 3,156 3,132 3,296 3,392 3,570 3,694 3,630 3,673 3,750 3,720 3,724 3,439 3,514 3,586 3,612 3,772 3,700 3,764 3,839 4,149 4,312 4,344 4,559 4,580 4,769 5,241 5,502 5,782 5,912 6,117 6,403 6,826 6,838 6,722 6,807 7,160 7,190 7,138 7,210 7,341 7,435 7,847 8,183 8,282 8,406 8,287 8,154 8,303 8,180 8,175 8,392
      Leasing and Factor companies 181 200 199 197 195 188 187 185 164 210 215 233 299 298 303 355 329 362 372 438 409 426 410 432 422 432 452 423 474 515 511 614 616 619 741 877 857 961 1,039 1,054 1,182 1,207 1,285 1,368 1,366 1,466 1,493 1,501 1,457 1,336 1,352 1,368 1,450 1,410 1,475 1,520 1,658 1,630 1,546 1,611 1,588 1,541 1,494 1,479 1,268 1,147 1,171
      Securitization units 1,247 1,188 1,174 1,114 1,133 1,177 1,124 1,118 1,137 1,061 1,071 1,048 1,037 949 905 886 847 792 811 803 780 654 615 643 631 602 560 543 559 558 524 517 517 513 501 495 491 502 484 462 454 404 426 410 405 398 387 411 436 412 489 482 483 494 499 501 492 535 538 529 530 501 766 833 752 1,070 1,174
      Non-profit Social Security Benefits Administrator and Investment Funds 123 125 127 125 156 154 186 185 187 186 208 233 234 234 236 190 190 190 191 252 346 350 371 427 412 417 415 466 480 480 523 571 519 571 525 546 639 622 632 665 769 851 872 950 984 962 1,149 1,220 1,247 1,286 1,177 1,213 1,249 1,165 1,148 1,194 1,120 1,403 1,389 1,371 1,411 1,402 1,132 1,049 1,203 1,239 1,271
      Head offices and holding companies 987 997 1,112 1,294 1,297 1,368 1,520 1,505 1,568 1,612 1,618 1,610 1,605 1,605 1,827 1,742 1,789 1,788 1,923 1,899 2,035 2,264 2,234 2,171 2,285 2,269 2,297 2,007 2,001 2,034 2,054 2,070 2,048 2,061 2,072 2,231 2,325 2,259 2,404 2,399 2,363 2,779 2,920 3,054 3,158 3,290 3,374 3,694 3,698 3,688 3,789 4,096 4,008 4,069 4,088 4,127 4,164 4,279 4,709 4,771 4,877 4,843 4,762 4,941 4,956 4,719 4,776
Non-Financial Corporate Bonds 8,771 9,641 10,154 10,693 11,425 11,616 11,921 11,896 12,024 12,133 12,198 12,618 13,085 13,171 13,572 13,861 13,987 13,859 13,920 14,092 13,671 14,167 14,530 14,568 14,765 15,020 15,016 14,899 15,217 15,293 15,137 15,192 15,246 15,706 16,531 16,860 17,122 17,320 17,141 17,219 17,784 18,362 19,032 18,887 20,220 21,068 21,372 22,365 23,150 23,578 23,858 23,917 23,992 23,908 24,272 24,566 25,616 26,785 27,247 27,909 28,739 29,027 28,842 29,288 29,701 29,996 31,713
      Public companies 1,283 1,401 1,441 1,603 1,614 1,593 1,697 1,692 1,717 1,715 1,736 1,733 1,770 1,766 1,918 1,922 1,976 1,800 1,932 2,062 2,109 2,118 2,213 2,224 2,272 2,271 2,319 2,307 2,419 2,442 2,471 2,464 2,497 2,861 2,878 2,950 3,148 3,165 3,130 3,132 3,182 3,187 3,215 2,919 3,054 3,052 3,079 3,090 3,208 3,330 3,362 3,380 3,410 3,527 3,625 3,688 3,841 3,955 4,039 4,059 4,104 4,090 4,143 4,274 4,464 4,465 4,508
      Private companies 7,488 8,241 8,712 9,089 9,811 10,024 10,224 10,204 10,307 10,418 10,462 10,885 11,315 11,404 11,655 11,939 12,011 12,059 11,987 12,030 11,562 12,049 12,317 12,344 12,492 12,749 12,697 12,592 12,798 12,851 12,667 12,728 12,749 12,845 13,652 13,910 13,974 14,155 14,011 14,087 14,601 15,175 15,817 15,969 17,166 18,016 18,293 19,275 19,942 20,249 20,496 20,537 20,582 20,382 20,646 20,879 21,775 22,830 23,208 23,851 24,635 24,938 24,699 25,014 25,237 25,531 27,205
General Government 4,904 5,331 5,724 5,568 5,727 6,422 6,913 7,568 8,357 8,947 9,949 10,560 11,420 12,027 12,883 13,343 14,051 14,054 14,403 14,226 15,123 15,941 16,391 16,236 17,732 17,882 19,510 18,441 20,819 21,819 23,200 23,116 26,726 28,602 29,918 30,331 33,529 33,856 35,422 34,569 36,206 37,870 39,630 40,500 43,118 43,392 44,467 43,705 47,318 49,202 50,865 49,764 51,620 54,406 57,359 56,946 62,381 63,359 65,196 65,161 68,969 68,647 72,281 74,747 77,597 82,136 81,270
      of which: indexed to inflation 4,670 5,030 5,346 5,172 5,252 5,795 6,116 6,592 7,174 7,781 8,766 9,168 9,776 10,178 10,773 11,125 11,640 11,542 11,781 11,643 12,176 12,713 13,010 12,906 13,740 13,673 14,504 13,509 14,493 15,578 16,356 16,368 16,071 17,343 18,011 17,708 18,729 18,784 19,678 19,740 20,575 21,555 21,050 21,614 22,358 22,726 23,429 23,212 23,193 22,237 22,597 22,591 22,938 24,153 25,538 25,981 29,881 31,661 32,442 31,185 32,965 33,757 35,397 35,495 36,227 36,909 37,662
      of which: ESG standard 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1,610 1,620 1,610 3,157 4,194 4,237 4,194 4,238 5,205 5,265 7,893 9,782 12,446 12,611 13,785 15,143 15,635
Anonymous societies 0 0 0 0 84 84 141 143 249 253 252 256 257 261 262 267 266 276 311 314 311 318 319 326 230 214 150 151 152 147 148 149 151 152 153 154 156 156 135 135 136 137 138 138 140 141 142 144 144 144 146 148 149 151 156 159 166 172 176 179 181 182 185 186 188 190 193
Total Domestic market 62,653 66,383 69,033 69,223 72,178 72,692 72,373 74,448 75,877 74,515 75,370 80,131 85,387 90,176 91,819 96,149 99,966 100,959 97,620 100,654 103,188 104,919 103,619 107,440 110,293 111,656 114,514 114,169 118,107 123,291 124,257 126,347 133,306 138,174 140,583 142,307 149,502 148,404 149,896 150,451 155,227 158,507 160,112 163,635 168,919 173,632 178,506 179,216 187,584 180,437 179,954 177,316 185,769 194,435 200,129 186,667 218,600 219,321 227,970 231,422 239,770 243,780 248,831 253,272 244,031 241,599 243,734