EM Countries Debt Markets

Land Government bonds Municipal bonds Corporate bonds Total bonds Government international bonds Municipal international bonds Corporate international bonds Total international bonds Total
CIS
Armenia 46 33 79 2 2 4 83
Azerbaijan 37 33 70 1 5 6 76
Belarus 151 169 662 982 3 3 985
Georgia 48 9 57 1 5 6 63
Kazakhstan 181 31 218 430 4 42 46 476
Kyrgyzstan 85 10 95 95
Moldova 146 146 146
Russia 51 116 1307 1474 14 308 322 1796
Tajikistan 24 1 25 25
Ukraine 297 475 772 13 35 48 820
Uzbekistan 4 4 4
Westeuropa
Andorra 3 3 3
Austria 175 17 1133 1325 19 5 218 242 1567
Greece 26 6 32 2 31 33 65
Belgium 137 36 271 444 30 18 48 492
Cyprus 18 20 38 7 28 35 73
Denmark 18 1613 1631 211 211 1842
Finland 18 14 540 572 16 284 300 872
France 231 43 1628 1902 1113 1113 3015
Germany 253 884 9000 10137 37 1914 1951 12088
Greece 26 6 32 2 31 33 65
Iceland 14 11 55 80 2 33 35 115
Ireland 34 27 61 1 244 245 306
Isle of Man 1 1 1
Italy 123 2291 2414 65 25 790 880 3294
Liechtenstein 8 8 2 2 10
Luxembourg 4 87 91 3 993 996 1087
Malta 91 32 123 2 2 125
Monaco 1 1 3 3 4
Netherlands 97 24 141 262 1638 1638 1900
Norway 11 115 1372 1498 327 327 1825
Portugal 27 3 131 161 1 78 79 240
San Marino 3 3 3
Spain 159 87 284 530 4 9 396 409 939
Sweden 25 28 443 496 14 69 783 866 1362
Switzerland 40 186 887 1113 316 316 1429
United Kingdom 100 1 310 411 2 3 3976 3981 4392
Entwickelte Märkte (exkl. Europa)
Australia 33 27 498 558 2 890 892 1450
Canada 71 347 1175 1593 9 122 879 1010 2603
Guernsey 4 4 1 75 76 80
Japan 618 100 805 1523 10 521 531 2054
New Zealand 13 10 125 148 4 57 61 209
Jersey 5 5 1 13 14 19
USA 588 228 15092 15908 6384 6384 22292
Osteuropa
Albania 136 136 3 3 139
Bosnia and Herzegovina 92 7 8 107 2 2 109
Bulgaria 24 3 59 86 7 5 12 98
Croatia 37 3 22 62 9 9 18 80
Czech Republic 41 2 129 172 5 1 58 64 236
Estonia 11 77 88 1 8 9 97
Hungary 187 2 149 338 14 19 33 371
Kosovo 16 16 16
Latvia 10 79 89 10 5 15 104
Lithuania 76 3 79 13 13 92
Macedonia 158 158 3 3 161
Montenegro 11 1 12 3 3 15
Poland 279 78 785 1142 51 1 31 83 1225
Bosnia and Herzegovina 92 7 8 107 2 2 109
Romania 36 39 9 84 13 6 19 103
Serbia 89 10 99 5 5 104
Slovakia 15 160 175 11 6 17 192
Slovenia 25 24 49 13 7 20 69
Turkey 57 318 375 37 117 154 529
Asien (exkl. Japan)
Bangladesh 320 320 1 1 321
Bhutan 1 1 1
China 230 630 3746 4606 46 893 939 5545
Fiji 240 240 1 1 241
Hong Kong 26 427 453 3 502 505 958
India 110 398 5586 6094 160 160 6254
Indonesia 72 702 774 43 61 104 878
Korea 52 16 68 7 550 557 625
Laos 14 14 14
Macau 2 2 4 4 6
Malaysia 85 86 171 5 2 102 109 280
Maldives 1 1 1
Mongolia 20 20 5 4 9 29
Myanmar 15 15 15
Nepal 31 31 31
Pakistan 40 40 6 6 46
Papua New Guinea 23 23 23
Philippines 84 2 86 22 178 200 286
Singapore 22 356 378 272 272 650
Sri Lanka 76 76 10 5 15 91
Taiwan 113 33 146 39 39 185
Thailand 45 141 186 35 35 221
Vietnam 150 150 5 1 6 156
Lateinamerika
Antigua and Barbuda 20 20 20
Argentina 31 25 157 213 70 37 60 167 380
Aruba 3 3 3
Bahamas 4 1 5 5
Barbados 46 46 3 3 6 52
Belize 1 1 1
Bermuda 1 6 7 4 17 21 28
Bolivia 315 78 393 3 3 396
Brazil 49 1 932 982 22 2 255 279 1261
Cayman Islands 33 33 1 49 50 83
Chile 36 154 190 12 136 148 338
Colombia 40 2 344 386 22 1 49 72 458
Costa Rica 79 3 238 320 6 8 14 334
Dominica 4 4 4
Dominican Republic 67 206 273 21 5 26 299
Ecuador 100 100 9 2 11 111
El Salvador 8 8 10 3 13 21
Grenada 2 2 2
Guatemala 21 21 4 9 13 34
Honduras 51 4 55 3 26 29 84
Jamaica 33 33 9 8 17 50
Mexico 70 1 136 207 43 278 321 528
Nicaragua 10 5 15 2 2 17
Panama 5 576 581 15 22 37 618
Paraguay 25 12 431 468 4 5 9 477
Peru 20 239 259 16 77 93 352
Saint Kitts (Christopher) and Nevis 2 2 2
Saint Lucia 42 42 42
Saint Vincent and the Grenadines 8 8 1 1 9
Suriname 1 1 1
Trinidad and Tobago 22 22 4 8 12 34
Uruguay 37 4 41 17 5 22 63
Venezuela 66 12 78 22 55 77 155
Naher Osten
Bahrain 13 2 15 9 15 24 39
Iran 14 14 14
Iraq 2 2 2
Israel 30 597 627 46 36 82 709
Jordan 175 2 177 6 2 8 185
Kuwait 47 10 57 2 23 25 82
Lebanon 254 254 36 2 38 292
Oman 15 12 27 7 9 16 43
Qatar 74 1 75 11 86 97 172
Saudi Arabia 1 38 39 5 28 33 72
United Arab Emirates 10 10 18 303 321 331
Yemen 2 2 2
Afrika
Algeria 25 25 25
Angola 277 277 2 1 3 280
Benin 14 14 14
Botswana 6 28 34 5 5 39
Burkina Faso 11 11 11
Burundi 88 88 3 3 91
Cape Verde 71 71 71
Chad 9 9 9
Cote d`Ivoire 30 30 4 91 95 125
Egypt 87 19 106 9 4 13 119
Ethiopia 1 1 1
Gabon 8 8 3 3 11
Ghana 76 12 88 5 5 93
Guinea-Bissau 2 2 2
Kenya 65 26 91 2 1 3 94
Lesotho 4 4 4
Malawi 3 3 3
Mali 17 17 17
Mauritius 107 35 142 4 4 146
Morocco 50 109 159 5 4 9 168
Mozambique 21 21 1 1 22
Namibia 16 29 45 6 5 11 56
Niger 7 7 7
Nigeria 26 24 30 80 5 23 28 108
Congo 1 1 2 2
Rwanda 12 1 13 1 1 14
Senegal 28 1 29 3 3 32
Seychelles 1 1 1
Sierra Leone 2 2 2
South Africa 27 17 1231 1275 14 89 103 1378
Swaziland 14 23 37 37
Tanzania 140 3 143 1 1 2 145
Togo 17 3 20 1 1 21
Tunisia 21 212 233 14 1 15 248
Uganda 40 1 41 41
Zambia 134 134 3 3 137
Zimbabwe 4 1 5 5
* the number of issues in Cbonds database (outstanding)