July’s gross issuance exceeded the six-month average by £10.5 billion, while net issuance fell to £10.3 billion due to increased repayments.
UK residents issued £84.4 billion in gross capital in July, up from £81.2 billion in June and above the six-month average of £73.9 billion. The increase reflects stronger borrowing activity across sectors.
Net issuance declined to £10.3 billion from £14.3 billion in June, driven by a £7.1 billion rise in gross repayments. Year-to-date gross issuance reached £527.7 billion, £64.3 billion higher than the same period last year.
The data suggests sustained demand for capital, though repayment pressures moderated net flows. No immediate market reaction was reported.