The stock of debt securities issued by residents stood at 325.7 billion euros at the end of February, an increase of 3.9 billion compared to January, according to the Banco de Portugal (BdP). The rise was mainly driven by public administration issuances, which exceeded redemptions by 2.4 billion euros. The BdP also notes a significant contribution from valuations, amounting to 1.7 billion, concentrated in public securities. Regarding listed shares issued by residents, the stock reached 82 billion in February, an increase of five billion compared to the end of January. 'This development is entirely justified by the valuation of resident listed shares, the highest since November 2020,' the central bank states. By sector, shares of non-financial companies appreciated by 5.4 billion, while those in the financial sector recorded a depreciation of 340 million euros. Debt security issuances totaled 321.5 billion in January.