International and domestic bond markets

- full coverage
- all except municipal bonds
- only Eurobonds and government bonds
- only Eurobonds
Country Government bonds Municipal bonds Corporate bonds Total bonds Government international bonds Municipal international bonds Corporate international bonds Total international bonds Total
CIS
Russia 50 118 1244 1412 13 298 311 1723
Armenia 60 28 88 2 2 4 92
Azerbaijan 34 29 63 1 5 6 69
Belarus 158 125 637 920 1 1 921
Georgia 49 11 60 1 5 6 66
Russia 50 118 1244 1412 13 298 311 1723
Kazakhstan 179 17 220 416 5 43 48 464
Kyrgyzstan 80 8 88 88
Moldova 138 138 138
Russia 50 118 1244 1412 13 298 311 1723
Tajikistan 20 1 21 21
Ukraine 303 498 801 13 32 45 846
Uzbekistan 5 5 5
Western Europe
Austria 178 16 1146 1340 20 5 224 249 1589
Belgium 142 27 271 440 30 21 51 491
Cyprus 20 16 36 6 26 32 68
Denmark 18 2 1649 1669 1 209 210 1879
Finland 17 15 601 633 18 282 300 933
France 233 30 1549 1812 1112 1112 2924
Germany 265 886 9245 10396 36 1774 1810 12206
Greece 26 5 31 2 39 41 72
Iceland 14 11 50 75 2 27 29 104
Ireland 32 28 60 267 267 327
Italy 123 2466 2589 67 25 814 906 3495
Luxembourg 4 82 86 3 870 873 959
Malta 85 29 114 2 2 116
Netherlands 97 1 152 250 2 1643 1645 1895
Norway 12 39 617 668 329 329 997
Portugal 28 2 128 158 1 78 79 237
Spain 159 48 296 503 5 9 387 401 904
Sweden 26 5 306 337 16 64 747 827 1164
Switzerland 38 184 858 1080 351 351 1431
United Kingdom 98 1 385 484 2 2 3907 3911 4395
Developed Markets (excl. Europe)
Australia 36 27 462 525 1 2 904 907 1432
Canada 73 180 1104 1357 9 111 841 961 2318
Guernsey 4 4 1 59 60 64
Japan 618 73 846 1537 10 513 523 2060
New Zealand 13 9 101 123 4 55 59 182
Jersey 2 2 1 13 14 16
USA 586 234 14244 15064 5628 5628 20692
Eastern Europe
Albania 140 140 3 3 143
Bosnia and Herzegovina 84 6 8 98 2 2 100
Bulgaria 23 3 63 89 7 5 12 101
Croatia 39 3 23 65 9 10 19 84
Czech Republic 41 2 137 180 5 1 60 66 246
Estonia 11 68 79 1 7 8 87
Hungary 174 2 145 321 15 20 35 356
Latvia 10 81 91 11 5 16 107
Lithuania 89 4 93 11 1 12 105
Macedonia 153 153 3 3 156
Montenegro 8 1 9 3 3 12
Poland 272 76 699 1047 53 1 34 88 1135
Romania 40 39 8 87 12 5 17 104
Serbia 94 10 104 5 5 109
Slovakia 16 160 176 11 6 17 193
Slovenia 26 25 51 13 7 20 71
Turkey 54 339 393 35 101 136 529
Asia (excl. Japan)
Bangladesh 328 328 1 1 329
Bhutan 1 1 1
China 236 240 2722 3198 43 1 868 912 4110
Fiji 237 237 1 1 238
Hong Kong 67 499 566 3 453 456 1022
India 110 398 4760 5268 162 162 5430
Indonesia 75 622 697 39 61 100 797
Korea 52 19 71 7 529 536 607
Laos 14 14 14
Malaysia 81 10 91 5 2 107 114 205
Mongolia 13 13 6 1 7 20
Myanmar 19 19 19
Nepal 25 25 25
Pakistan 35 35 7 7 42
Philippines 82 2 84 22 161 183 267
Singapore 22 344 366 249 249 615
Sri Lanka 72 72 9 6 15 87
Taiwan 113 30 143 41 41 184
Thailand 48 110 158 35 35 193
Vietnam 141 141 5 3 8 149
Latin America
Argentina 31 19 205 255 46 36 65 147 402
Aruba 3 3 3
Bahamas 4 2 6 6
Barbados 48 48 3 4 7 55
Belize 2 2 2
Bermuda 1 6 7 4 11 15 22
Bolivia 321 7 328 2 2 330
Brazil 53 1 997 1051 23 2 263 288 1339
Cayman Islands 35 35 1 46 47 82
Chile 36 161 197 10 135 145 342
Colombia 47 3 328 378 21 1 50 72 450
Costa Rica 77 3 262 342 6 8 14 356
Dominican Republic 70 192 262 22 6 28 290
Ecuador 106 106 7 1 8 114
El Salvador 8 8 9 2 11 19
Grenada 2 2 2
Guatemala 21 21 4 9 13 34
Honduras 51 6 57 3 20 23 80
Jamaica 33 3 36 10 10 20 56
Mexico 65 1 143 209 45 276 321 530
Nicaragua 10 10 2 2 12
Panama 5 605 610 14 23 37 647
Paraguay 27 15 432 474 4 5 9 483
Peru 20 259 279 18 75 93 372
Saint Vincent and the Grenadines 7 7 1 1 8
Suriname 1 1 1
Trinidad and Tobago 21 21 4 5 9 30
Uruguay 38 38 18 4 22 60
Venezuela 70 20 90 22 48 70 160
Middle East
Bahrain 13 2 15 9 15 24 39
Iraq 2 2 2
Israel 30 594 624 34 37 71 695
Kuwait 45 12 57 20 20 77
Lebanon 248 248 34 2 36 284
Oman 14 14 28 3 8 11 39
Qatar 68 1 69 11 74 85 154
Saudi Arabia 2 39 41 3 27 30 71
United Arab Emirates 14 14 19 270 289 303
United Arab Emirates 14 14 19 270 289 303
Africa
Angola 277 277 2 2 279
Benin 13 13 13
Burundi 45 45 1 1 46
Chad 8 8 8
Cote d`Ivoire 26 26 3 75 78 104
Egypt 90 23 113 7 3 10 123
Ethiopia 1 1 1
Gabon 6 6 3 3 9
Ghana 93 14 107 5 5 112
Guinea-Bissau 1 1 1
Kenya 71 26 97 2 2 99
Mauritius 107 6 113 1 1 114
Morocco 53 110 163 5 4 9 172
Mozambique 1 1 1
Namibia 16 29 45 6 4 10 55
Niger 7 7 7
Nigeria 18 18 4 17 21 39
Congo 1 1 1
Rwanda 11 11 1 1 12
Senegal 30 30 2 2 32
Seychelles 1 1 1
Sierra Leone 4 4 4
South Africa 27 16 658 701 15 88 103 804
Tanzania 137 137 1 1 138
Togo 16 16 1 1 17
Tunisia 18 182 200 16 16 216
Uganda 40 40 40
Zambia 132 132 3 3 135
* the number of issues in Cbonds database (outstanding)