EM Countries Debt 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 29 81 2 2 4 85
Azerbaijan 35 29 64 1 6 7 71
Belarus 151 149 628 928 1 1 929
Georgia 45 10 55 1 5 6 61
Kazakhstan 174 26 211 411 4 45 49 460
Kyrgyzstan 83 8 91 91
Moldova 134 134 134
Russia 51 118 1279 1448 12 302 314 1762
Tajikistan 21 1 22 22
Ukraine 303 492 795 13 31 44 839
Uzbekistan 5 5 5
Westeuropa
Andorra 2 2 2
Austria 176 17 1125 1318 19 5 223 247 1565
Greece 26 6 32 2 36 38 70
Belgium 139 33 268 440 30 19 49 489
Cyprus 18 20 38 6 27 33 71
Denmark 18 1608 1626 211 211 1837
Finland 18 15 570 603 17 280 297 900
France 227 43 1610 1880 1107 1107 2987
Germany 258 885 9136 10279 38 1856 1894 12173
Greece 26 6 32 2 36 38 70
Iceland 13 11 52 76 2 30 32 108
Ireland 33 28 61 258 258 319
Isle of Man 1 1 1
Italy 123 2324 2447 66 25 799 890 3337
United Kingdom 100 1 318 419 2 3 3922 3927 4346
Liechtenstein 8 8 2 2 10
Luxembourg 4 88 92 3 917 920 1012
Malta 90 30 120 2 2 122
Monaco 1 1 3 3 4
Netherlands 95 11 143 249 1633 1633 1882
Norway 12 88 1386 1486 327 327 1813
Portugal 27 3 132 162 1 72 73 235
San Marino 3 3 3
Spain 160 78 288 526 4 9 390 403 929
Sweden 26 26 450 502 15 68 761 844 1346
Switzerland 38 183 865 1086 334 334 1420
United Kingdom 100 1 318 419 2 3 3922 3927 4346
Entwickelte Märkte (exkl. Europa)
Australia 33 27 485 545 2 896 898 1443
Canada 71 324 1150 1545 9 116 864 989 2534
New Zealand 13 10 122 145 4 55 59 204
Guernsey 3 3 1 65 66 69
Japan 611 73 806 1490 9 517 526 2016
New Zealand 13 10 122 145 4 55 59 204
Jersey 3 3 1 14 15 18
USA 587 229 14985 15801 6039 6039 21840
Osteuropa
Albania 138 138 3 3 141
Bosnia and Herzegovina 87 6 8 101 2 2 103
Bulgaria 24 3 60 87 7 5 12 99
Croatia 37 3 23 63 9 10 19 82
Czech Republic 41 2 134 177 5 1 60 66 243
Estonia 11 70 81 1 7 8 89
Hungary 178 2 137 317 15 19 34 351
Kosovo 14 14 14
Latvia 10 81 91 10 6 16 107
Lithuania 82 3 85 11 11 96
Macedonia 157 157 3 3 160
Montenegro 11 1 12 3 3 15
Poland 281 78 767 1126 52 1 32 85 1211
Bosnia and Herzegovina 87 6 8 101 2 2 103
Romania 40 39 8 87 13 5 18 105
Serbia 91 10 101 5 5 106
Slovakia 15 159 174 12 6 18 192
Slovenia 25 26 51 13 6 19 70
Turkey 55 309 364 35 107 142 506
Asien (exkl. Japan)
Bangladesh 322 322 1 1 323
Bhutan 1 1 1
China 236 605 3341 4182 44 1 890 935 5117
Fiji 241 241 1 1 242
Hong Kong 25 470 495 3 484 487 982
India 109 398 5301 5808 164 164 5972
Indonesia 72 607 679 40 61 101 780
Korea 53 18 71 7 534 541 612
Laos 14 14 14
Macau 4 4 4 4 8
Malaysia 84 10 94 5 2 106 113 207
Mongolia 17 17 5 2 7 24
Myanmar 19 19 19
Nepal 28 28 28
Pakistan 41 41 7 7 48
Papua New Guinea 22 22 22
Philippines 83 2 85 22 170 192 277
Singapore 22 338 360 264 264 624
Sri Lanka 77 77 9 6 15 92
Taiwan 111 33 144 41 41 185
Thailand 48 101 149 36 36 185
Vietnam 145 145 5 2 7 152
Lateinamerika
Antigua and Barbuda 20 20 20
Argentina 31 22 180 233 55 37 61 153 386
Aruba 3 3 3
Bahamas 4 2 6 6
Barbados 48 48 3 4 7 55
Belize 1 1 1
Bermuda 1 7 8 4 15 19 27
Bolivia 322 82 404 3 3 407
Brazil 51 1 959 1011 23 2 251 276 1287
Cayman Islands 34 34 1 47 48 82
Chile 35 158 193 11 133 144 337
Colombia 41 2 330 373 22 1 50 73 446
Costa Rica 80 3 248 331 6 7 13 344
Dominica 4 4 4
Dominican Republic 66 208 274 21 5 26 300
Ecuador 101 101 7 1 8 109
El Salvador 8 8 10 3 13 21
Grenada 2 2 2
Guatemala 21 21 4 8 12 33
Honduras 50 6 56 3 24 27 83
Jamaica 33 3 36 10 9 19 55
Mexico 66 1 137 204 45 274 319 523
Nicaragua 10 10 2 2 12
Panama 5 584 589 14 21 35 624
Paraguay 25 13 438 476 4 5 9 485
Peru 20 250 270 16 75 91 361
Argentina 31 22 180 233 55 37 61 153 386
Saint Kitts (Christopher) and Nevis 2 2 2
Saint Lucia 42 42 42
Saint Vincent and the Grenadines 7 7 1 1 8
Suriname 1 1 1
Trinidad and Tobago 21 21 4 5 9 30
Uruguay 37 37 17 5 22 59
Venezuela 66 19 85 22 48 70 155
Naher Osten
Bahrain 13 2 15 9 14 23 38
Iraq 2 2 2
Israel 30 588 618 40 37 77 695
Jordan 178 2 180 6 2 8 188
Kuwait 48 10 58 2 22 24 82
Lebanon 249 249 36 2 38 287
Oman 14 12 26 6 8 14 40
Qatar 67 1 68 11 84 95 163
Saudi Arabia 1 38 39 5 30 35 74
United Arab Emirates 11 11 19 297 316 327
United Arab Emirates 11 11 19 297 316 327
Yemen 2 2 2
Afrika
Algeria 25 1 26 26
Angola 277 277 2 1 3 280
Benin 13 13 13
Botswana 5 5 4 4 9
Burkina Faso 12 12 12
Burundi 58 58 2 2 60
Cape Verde 55 55 55
Chad 8 8 8
Cote d`Ivoire 26 26 3 85 88 114
Egypt 86 21 107 9 3 12 119
Ethiopia 1 1 1
Gabon 8 8 3 3 11
Ghana 85 12 97 5 5 102
Guinea-Bissau 1 1 1
Kenya 70 26 96 2 1 3 99
Lesotho 4 4 4
Malawi 3 3 3
Mali 16 16 16
Mauritius 107 29 136 6 6 142
Morocco 51 109 160 5 4 9 169
Mozambique 22 22 1 1 23
Namibia 16 28 44 6 4 10 54
Niger 7 7 7
Nigeria 19 2 21 4 19 23 44
Congo 1 1 2 2
Rwanda 11 1 12 1 1 13
Senegal 30 2 32 2 2 34
Seychelles 1 1 1
Sierra Leone 3 3 3
South Africa 27 16 1068 1111 15 86 101 1212
Swaziland 14 23 37 37
Tanzania 137 137 1 1 138
Togo 16 2 18 1 1 19
Tunisia 21 212 233 14 1 15 248
Uganda 40 1 41 41
Zambia 138 138 3 3 141
Zimbabwe 4 4 4
* the number of issues in Cbonds database (outstanding)