International and domestic bond markets

- full coverage
- all except municipal bonds
- only Eurobonds and government bonds
- only Eurobonds
Land Government bonds Municipal bonds Corporate bonds Total bonds Government international bonds Municipal international bonds Corporate international bonds Total international bonds Total
CIS
Armenia 52 20 72 2 2 4 76
Azerbaijan 35 34 69 1 10 11 80
Belarus 164 128 662 954 1 1 955
Georgia 44 9 53 1 4 5 58
Kazakhstan 173 17 215 405 5 47 52 457
Kyrgyzstan 81 6 87 87
Moldova 132 132 132
Russia 48 117 1213 1378 13 1 270 284 1662
Tajikistan 13 13 13
Ukraine 278 1 631 910 13 32 45 955
Uzbekistan 5 5 5
Western Europe
Austria 182 16 1163 1361 18 3 227 248 1609
Belgium 141 10 263 414 31 24 55 469
Cyprus 24 9 33 6 13 19 52
Denmark 18 2 1670 1690 1 200 201 1891
Finland 17 13 671 701 18 236 254 955
France 235 27 1511 1773 1058 1058 2831
Germany 275 857 9432 10564 30 1392 1422 11986
Greece 25 2 27 3 39 42 69
Iceland 16 10 54 80 2 23 25 105
Ireland 31 37 68 243 243 311
Italy 121 2706 2827 64 19 825 908 3735
Luxembourg 3 122 125 3 698 701 826
Malta 88 27 115 1 1 116
Netherlands 100 159 259 1 1472 1473 1732
Norway 11 42 664 717 302 302 1019
Portugal 27 1 135 163 1 81 82 245
Spain 85 34 257 376 4 5 373 382 758
Sweden 24 2 296 322 18 57 695 770 1092
Switzerland 37 175 844 1056 350 350 1406
United Kingdom 103 1 403 507 2 1 3456 3459 3966
Developed Markets (excl. Europe)
Australia 35 4 426 465 1 815 816 1281
Canada 70 134 506 710 9 92 761 862 1572
Guernsey 4 4 1 35 36 40
Japan 475 76 885 1436 9 470 479 1915
New Zealand 12 8 100 120 2 45 47 167
Jersey 3 3 1 8 9 12
USA 588 178 12665 13431 4482 4482 17913
Eastern Europe
Albania 136 136 3 3 139
Bosnia and Herzegovina 73 6 8 87 2 2 89
Bulgaria 24 2 65 91 7 5 12 103
Croatia 40 3 24 67 9 10 19 86
Czech Republic 40 2 152 194 6 1 58 65 259
Estonia 9 61 70 1 7 8 78
Hungary 158 2 183 343 15 19 34 377
Latvia 11 77 88 9 6 15 103
Lithuania 104 10 114 11 2 13 127
Macedonia 148 148 3 3 151
Montenegro 10 1 11 4 4 15
Poland 256 76 694 1026 50 1 34 85 1111
Romania 39 39 8 86 12 5 17 103
Serbia 101 10 111 5 5 116
Slovakia 17 154 171 11 6 17 188
Slovenia 29 27 56 12 8 20 76
Turkey 53 408 461 34 100 134 595
Asia (excl. Japan)
Bangladesh 344 344 1 1 345
Bhutan 1 1 1
China 237 16 529 782 40 1 798 839 1621
Fiji 218 218 1 1 219
Hong Kong 70 262 332 3 429 432 764
India 109 266 2461 2836 156 156 2992
Indonesia 74 638 712 36 62 98 810
Korea 49 20 69 7 493 500 569
Laos 10 10 10
Malaysia 84 7 91 5 1 95 101 192
Mongolia 22 22 6 3 9 31
Myanmar 1 1 1
Nepal 25 25 25
Pakistan 33 33 6 6 39
Philippines 82 15 97 23 128 151 248
Singapore 21 360 381 223 223 604
Sri Lanka 75 75 9 6 15 90
Taiwan 114 31 145 43 43 188
Thailand 51 118 169 35 35 204
Vietnam 134 134 5 5 10 144
Latin America
Argentina 27 17 277 321 42 32 76 150 471
Aruba 3 3 3
Bahamas 4 1 5 5
Barbados 45 45 3 4 7 52
Belize 2 2 2
Bermuda 1 7 8 3 10 13 21
Bolivia 280 8 288 2 2 290
Brazil 51 8 59 24 2 285 311 370
Cayman Islands 19 19 1 41 42 61
Chile 37 136 173 10 123 133 306
Colombia 16 1 60 77 22 1 51 74 151
Costa Rica 62 3 204 269 6 8 14 283
Dominican Republic 71 199 270 20 6 26 296
Ecuador 109 109 6 1 7 116
El Salvador 2 2 9 3 12 14
Grenada 2 2 2
Guatemala 17 17 4 9 13 30
Honduras 45 4 49 2 19 21 70
Jamaica 33 3 36 10 10 20 56
Mexico 65 4 69 46 286 332 401
Nicaragua 10 10 2 2 12
Panama 5 567 572 13 23 36 608
Paraguay 29 16 329 374 4 6 10 384
Peru 19 281 300 16 76 92 392
Saint Vincent and the Grenadines 8 8 1 1 9
Trinidad and Tobago 21 21 4 4 8 29
Uruguay 39 39 19 5 24 63
Venezuela 74 18 92 18 42 60 152
Middle East
Bahrain 12 2 14 7 15 22 36
Iraq 1 1 1
Israel 30 606 636 33 41 74 710
Kuwait 36 12 48 14 14 62
Lebanon 248 248 35 2 37 285
Oman 11 15 26 3 8 11 37
Qatar 56 1 57 12 71 83 140
Saudi Arabia 3 40 43 27 27 70
United Arab Emirates 7 7 12 6 252 270 277
Africa
Angola 261 261 2 2 263
Benin 13 13 13
Burundi 10 10 1 1 11
Chad 6 6 6
Cote d`Ivoire 27 27 3 61 64 91
Egypt 100 27 127 3 3 6 133
Ethiopia 1 1 1
Gabon 5 5 3 3 8
Ghana 102 10 112 5 5 117
Guinea-Bissau 1 1 1
Kenya 72 28 100 2 2 102
Mauritius 104 6 110 1 1 111
Morocco 57 116 173 5 4 9 182
Mozambique 1 1 1
Namibia 16 20 36 2 4 6 42
Niger 8 8 8
Nigeria 18 18 3 14 17 35
Congo 1 1 1
Rwanda 10 10 1 1 11
Senegal 28 28 2 2 30
Seychelles 1 1 1
South Africa 28 16 424 468 13 76 89 557
Tanzania 134 134 1 1 135
Togo 17 17 1 1 18
Tunisia 19 19 15 15 34
Zambia 124 124 3 3 127
* the number of issues in Cbonds database (outstanding)