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 51 20 71 2 2 4 75
Azerbaijan 33 33 66 1 10 11 77
Belarus 165 126 669 960 1 1 961
Georgia 45 9 54 1 4 5 59
Kazakhstan 168 16 224 408 5 47 52 460
Kyrgyzstan 80 6 86 86
Moldova 132 132 132
Russia 48 115 1194 1357 13 1 272 286 1643
Tajikistan 9 9 9
Ukraine 275 1 598 874 12 30 42 916
Uzbekistan 7 7 7
Western Europe
Austria 185 16 1162 1363 18 3 229 250 1613
Belgium 141 4 258 403 31 28 59 462
Cyprus 24 9 33 6 16 22 55
Denmark 18 47 1661 1726 1 27 166 194 1920
Finland 16 13 686 715 18 232 250 965
France 235 22 1474 1731 1036 1036 2767
Germany 278 872 9457 10607 31 1338 1369 11976
Greece 25 3 28 3 39 42 70
Iceland 17 10 53 80 2 20 22 102
Ireland 32 51 83 225 225 308
Italy 122 1 2760 2883 65 19 831 915 3798
Luxembourg 3 126 129 3 692 695 824
Malta 95 27 122 1 1 123
Netherlands 101 168 269 1 1451 1452 1721
Norway 11 47 686 744 297 297 1041
Portugal 27 1 135 163 1 82 83 246
Spain 85 31 263 379 4 5 370 379 758
Sweden 24 10 288 322 18 94 648 760 1082
Switzerland 40 177 832 1049 356 356 1405
United Kingdom 103 1 433 537 2 1 3339 3342 3879
Developed Markets (excl. Europe)
Australia 35 4 417 456 1 807 808 1264
Canada 70 133 507 710 9 91 740 840 1550
Guernsey 4 4 1 30 31 35
Japan 369 68 898 1335 9 460 469 1804
New Zealand 12 8 95 115 1 2 43 46 161
Jersey 4 4 1 6 7 11
USA 588 194 12808 13590 4074 4074 17664
Eastern Europe
Albania 135 135 3 3 138
Bosnia and Herzegovina 80 6 7 93 2 2 95
Bulgaria 25 2 61 88 7 5 12 100
Croatia 41 3 25 69 9 10 19 88
Czech Republic 41 2 155 198 6 1 59 66 264
Estonia 9 61 70 1 7 8 78
Hungary 155 2 190 347 15 20 35 382
Latvia 11 79 90 9 6 15 105
Lithuania 105 11 116 11 2 13 129
Macedonia 150 150 3 3 153
Montenegro 9 1 10 4 4 14
Poland 262 81 716 1059 49 1 34 84 1143
Romania 38 39 8 85 12 5 17 102
Serbia 102 10 112 5 5 117
Slovakia 17 156 173 11 6 17 190
Slovenia 28 28 56 12 8 20 76
Turkey 51 440 491 35 100 135 626
Asia (excl. Japan)
Bangladesh 349 349 1 1 350
China 224 2 208 434 40 1 770 811 1245
Fiji 1 1 1
Hong Kong 69 273 342 3 412 415 757
India 82 11 1438 1531 152 152 1683
Indonesia 75 617 692 36 60 96 788
Korea 46 20 66 7 502 509 575
Malaysia 85 8 93 5 1 93 99 192
Mongolia 25 25 6 3 9 34
Pakistan 6 6 6
Philippines 83 15 98 23 124 147 245
Singapore 22 358 380 218 218 598
Sri Lanka 2 2 9 6 15 17
Taiwan 114 31 145 42 42 187
Thailand 49 123 172 32 32 204
Vietnam 5 5 10 10
Latin America
Argentina 26 7 276 309 42 31 80 153 462
Aruba 3 3 3
Bahamas 4 1 5 5
Barbados 46 46 3 4 7 53
Belize 2 2 2
Bermuda 1 8 9 3 9 12 21
Bolivia 267 9 276 2 2 278
Brazil 53 9 62 24 2 284 310 372
Cayman Islands 20 20 1 39 40 60
Chile 37 137 174 10 122 132 306
Colombia 16 37 53 22 1 51 74 127
Costa Rica 60 3 208 271 6 8 14 285
Dominican Republic 72 208 280 19 6 25 305
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 49 4 53 2 9 11 64
Jamaica 33 3 36 10 10 20 56
Mexico 66 5 71 47 284 331 402
Nicaragua 10 10 2 2 12
Panama 5 589 594 13 23 36 630
Paraguay 29 17 304 350 4 6 10 360
Peru 19 286 305 15 77 92 397
Saint Vincent and the Grenadines 8 8 1 1 9
Trinidad and Tobago 21 21 4 4 8 29
Uruguay 39 39 19 4 23 62
Venezuela 75 18 93 18 42 60 153
Middle East
Bahrain 11 2 13 7 12 19 32
Iraq 1 1 1
Israel 31 587 618 33 40 73 691
Kuwait 35 12 47 13 13 60
Lebanon 245 245 35 2 37 282
Oman 11 12 23 3 8 11 34
Qatar 50 1 51 12 67 79 130
Saudi Arabia 3 14 17 27 27 44
United Arab Emirates 6 6 12 6 238 256 262
Africa
Angola 246 246 2 2 248
Benin 12 12 12
Burundi 10 10 1 1 11
Chad 6 6 6
Cote d`Ivoire 27 27 3 62 65 92
Egypt 101 29 130 3 3 6 136
Ethiopia 1 1 1
Gabon 5 5 3 3 8
Ghana 105 10 115 4 4 119
Guinea-Bissau 1 1 1
Kenya 70 28 98 2 2 100
Mauritius 106 6 112 1 1 113
Morocco 57 116 173 5 4 9 182
Mozambique 1 1 1
Namibia 16 21 37 2 4 6 43
Niger 8 8 8
Nigeria 18 18 3 14 17 35
Congo 1 1 1
Rwanda 10 10 1 1 11
Senegal 29 29 2 2 31
Seychelles 1 1 1
South Africa 29 17 437 483 13 76 89 572
Tanzania 131 131 1 1 132
Togo 17 17 1 1 18
Tunisia 19 19 15 15 34
Zambia 126 126 3 3 129
* the number of issues in Cbonds database (outstanding)