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

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%.

- Source agency: European Central Bank
- Makrognosis code: `EA.M3.M.SA.GRP-DEBTSEC`
- Frequency: monthly
- Units: EUR millions
- Coverage: 1997-09-01 to 2026-09-01 (349 observations)
- Page: https://makrognosis.robomacro.com/data/euro-area/debt-securities-up-to-2-years-m3-component-outstanding-amount-eur

## Recent data

| Period | Value | Y/Y % |
|---|---:|---:|
| September 2026 | 61,146 EUR millions | 397.2 |
| August 2026 | 54,478 EUR millions | 167.0 |
| July 2026 | 52,308 EUR millions | 86.3 |
| June 2026 | 48,121 EUR millions | 71.2 |
| May 2026 | 48,715 EUR millions | 31.5 |
| April 2026 | 43,978 EUR millions | 6.7 |
| March 2026 | 40,289 EUR millions | −2.4 |
| February 2026 | 18,966 EUR millions | −44.9 |
| January 2026 | 38,631 EUR millions | −14.1 |
| December 2025 | 11,809 EUR millions | −64.5 |
| November 2025 | 22,890 EUR millions | −45.5 |
| October 2025 | 25,127 EUR millions | −51.7 |
| September 2025 | 12,297 EUR millions | −74.7 |
| August 2025 | 20,403 EUR millions | −62.0 |
| July 2025 | 28,074 EUR millions | −51.8 |
| June 2025 | 28,106 EUR millions | −51.6 |
| May 2025 | 37,059 EUR millions | −42.4 |
| April 2025 | 41,234 EUR millions | −40.5 |
| March 2025 | 41,300 EUR millions | −40.7 |
| February 2025 | 34,390 EUR millions | −46.6 |
| January 2025 | 44,971 EUR millions | −39.3 |
| December 2024 | 33,247 EUR millions | −52.1 |
| November 2024 | 42,010 EUR millions | −45.2 |
| October 2024 | 52,066 EUR millions | −40.0 |

## API

```
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"]
```