Makrognosis

Euro Area Debt securities up to 2 years (M3 component), outstanding amount, EUR millions, SA

MonthlySeasonally adjustedCode EA.M3.M.SA.GRP-DEBTSEC

Latest (y/y)397.2%September 2026
Previous (y/y)167.0%August 2026
Level61,146 EUR millionsSeptember 2026

Euro Area Debt securities up to 2 years (M3 component), outstanding amount, EUR millions, SA was up 397.2% year on year in September 2026, compared with 167.0% in August 2026.

The level stood at 61,146 EUR millions.

That is the highest reading since August 2021.

Over the past ten years it has ranged from −124.6% (Sep 2020) to 491.6% (Aug 2021), averaging 15.5%.

Euro Area Debt securities up to 2 years (M3 component), outstanding amount, EUR millions, SA, annual % change, Sep 1998 – Sep 2026−200%0%200%400%200020052010201520202025Robomacro
Euro Area Debt securities up to 2 years (M3 component), outstanding amount, EUR millions, SA, annual % change, Sep 1998 – Sep 2026. Source: European Central Bank.
Euro Area Debt securities up to 2 years (M3 component), outstanding amount, EUR millions, SA, level (EUR millions)−100k0k100k200k300k200020052010201520202025Robomacro
Euro Area Debt securities up to 2 years (M3 component), outstanding amount, EUR millions, SA, level (EUR millions).

Showing the full history (downsampled for display). Open the interactive chart to zoom and switch transforms.

Recent data

PeriodValueY/Y %
September 202661,146 EUR millions397.2
August 202654,478 EUR millions167.0
July 202652,308 EUR millions86.3
June 202648,121 EUR millions71.2
May 202648,715 EUR millions31.5
April 202643,978 EUR millions6.7
March 202640,289 EUR millions−2.4
February 202618,966 EUR millions−44.9
January 202638,631 EUR millions−14.1
December 202511,809 EUR millions−64.5
November 202522,890 EUR millions−45.5
October 202525,127 EUR millions−51.7
September 202512,297 EUR millions−74.7
August 202520,403 EUR millions−62.0
July 202528,074 EUR millions−51.8
June 202528,106 EUR millions−51.6
May 202537,059 EUR millions−42.4
April 202541,234 EUR millions−40.5
March 202541,300 EUR millions−40.7
February 202534,390 EUR millions−46.6
January 202544,971 EUR millions−39.3
December 202433,247 EUR millions−52.1
November 202442,010 EUR millions−45.2
October 202452,066 EUR millions−40.0

Last 24 observations. The full history (349 observations) is available through the API.

Get Euro Area Debt securities up to 2 years (M3 component), outstanding amount, EUR millions, SA in your code or spreadsheet

One guessable code, agency-direct, updated on release. Free tier available.

curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/EA.M3.M.SA.GRP-DEBTSEC"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/EA.M3.M.SA.GRP-DEBTSEC",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
Get a free API key → · API docs

About this series

Latest observationSeptember 2026
First observationSeptember 1997
Observations349
FrequencyMonthly
UnitsEUR millions
AdjustmentSeasonally adjusted
10-year high491.6% (Aug 2021)
10-year low−124.6% (Sep 2020)
10-year average15.5%
Source agencyEuropean Central Bank
Makrognosis codeEA.M3.M.SA.GRP-DEBTSEC

More Euro Area M3 series

Euro Area Deposit liabilities included in M3, outstanding amount, EUR millions, SAEuro Area Deposits redeemable at notice up to 3 months (M2 component), outstanding amount, EUR millions, SAEuro Area Deposits with agreed maturity up to 2 years (M2 component), outstanding amount, EUR millions, SAEuro Area Monetary aggregate M3 - outstanding amount ()Euro Area Money market fund shares/units (M3 component), outstanding amount, EUR millions, SAEuro Area Overnight deposits (M1 component), outstanding amount, EUR millions, SAEuro Area Repurchase agreements excluding CCP repos (M3 component), outstanding amount, EUR millions, SA

Other Euro Area indicators

Euro Area GDP (Gross Domestic Product)Euro Area Real GDP (Current prices, million EURs, 2010 ref)Euro Area Inflation Rate (CPI)Euro Area Core Inflation RateEuro Area Unemployment RateEuro Area 10-Year Government Bond YieldEuro Area Industrial ProductionEuro Area Retail SalesEuro Area Producer Price Inflation (PPI)Euro Area Current account balance (BPM6, extra-euro-area), not seasonally adjustedEuro Area Trade Balance: Goods & ServicesEuro Area Exports of goods (BPM6 credits, extra-euro-area), not seasonally adjustedEuro Area Exports of goods and services, Current prices, million EUREuro Area Exports of goods and services, chain-linked volumeEuro Area Imports of goods (BPM6 debits, extra-euro-area), not seasonally adjustedEuro Area Imports of goods and services, Current prices, million EUR

FAQ

What is the current debt securities up to 2 years (M3 component), outstanding amount, EUR millions, SA in Euro Area?
The latest reading is 397.2% year on year for September 2026, published by European Central Bank.
Where does this data come from?
It is collected directly from European Central Bank and is available through the Makrognosis API under the code EA.M3.M.SA.GRP-DEBTSEC.

Last updated 2026-10-28. Source: European Central Bank. Original title: “Euro area - Debt securities up to 2 years (M3 component), outstanding amount, EUR millions, SA”.