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
Russia 49 118 1233 1400 13 287 300 1700
Armenia 65 25 90 2 2 4 94
Azerbaijan 38 30 68 1 6 7 75
Belarus 151 127 636 914 1 1 915
Georgia 50 11 61 1 5 6 67
Kazakhstan 175 17 220 412 5 44 49 461
Kyrgyzstan 81 8 89 89
Moldova 136 136 136
Russia 49 118 1233 1400 13 287 300 1700
Tajikistan 11 1 12 12
Ukraine 302 509 811 13 30 43 854
Uzbekistan 5 5 5
Westeuropa
Austria 181 16 1155 1352 20 5 228 253 1605
Belgium 139 27 270 436 31 22 53 489
Cyprus 21 16 37 6 23 29 66
Denmark 17 2 1650 1669 1 210 211 1880
Finland 17 15 609 641 19 277 296 937
France 232 29 1547 1808 1103 1103 2911
Germany 265 887 9306 10458 35 1706 1741 12199
Greece 26 5 31 2 40 42 73
Iceland 15 11 50 76 2 27 29 105
Ireland 32 28 60 263 263 323
Italy 122 2536 2658 67 25 807 899 3557
Luxembourg 3 79 82 3 847 850 932
Malta 77 30 107 2 2 109
Netherlands 97 1 154 252 2 1634 1636 1888
Norway 11 40 627 678 321 321 999
Portugal 27 1 130 158 1 78 79 237
Spain 161 37 264 462 5 10 400 415 877
Sweden 24 5 296 325 16 60 734 810 1135
Switzerland 39 182 864 1085 353 353 1438
United Kingdom 97 1 383 481 2 2 3843 3847 4328
Entwickelte Märkte (exkl. Europa)
Australia 35 6 493 534 1 895 896 1430
Canada 71 180 1069 1320 10 110 831 951 2271
Guernsey 5 5 1 50 51 56
Japan 631 75 854 1560 10 505 515 2075
New Zealand 13 9 100 122 3 55 58 180
Jersey 3 3 1 12 13 16
USA 585 184 13939 14708 5378 5378 20086
Osteuropa
Albania 140 140 3 3 143
Bosnia and Herzegovina 81 6 8 95 2 2 97
Bulgaria 23 3 61 87 7 5 12 99
Croatia 41 3 23 67 9 10 19 86
Czech Republic 39 2 138 179 5 1 58 64 243
Estonia 11 66 77 1 7 8 85
Hungary 171 2 152 325 15 20 35 360
Latvia 11 81 92 10 5 15 107
Lithuania 87 5 92 11 2 13 105
Macedonia 149 149 3 3 152
Montenegro 9 1 10 3 3 13
Poland 270 75 686 1031 53 1 35 89 1120
Romania 40 39 8 87 12 5 17 104
Serbia 96 10 106 5 5 111
Slovakia 16 157 173 11 6 17 190
Slovenia 24 26 50 13 7 20 70
Turkey 53 363 416 36 100 136 552
Asien (exkl. Japan)
Bangladesh 331 331 1 1 332
Bhutan 1 1 1
China 238 210 2256 2704 44 1 866 911 3615
Fiji 238 238 1 1 239
Hong Kong 67 462 529 3 442 445 974
India 110 388 4135 4633 158 158 4791
Indonesia 75 630 705 39 59 98 803
Korea 52 20 72 7 524 531 603
Laos 14 14 14
Malaysia 80 10 90 5 2 105 112 202
Mongolia 11 11 6 1 7 18
Myanmar 19 19 19
Nepal 25 25 25
Pakistan 32 32 7 7 39
Philippines 82 2 84 22 157 179 263
Singapore 22 345 367 243 243 610
Sri Lanka 72 72 9 6 15 87
Taiwan 113 29 142 41 41 183
Thailand 48 114 162 34 34 196
Vietnam 141 141 5 3 8 149
Lateinamerika
Argentina 31 19 228 278 46 33 67 146 424
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 10 14 21
Bolivia 311 7 318 2 2 320
Brazil 53 1 1014 1068 23 2 274 299 1367
Cayman Islands 34 34 1 47 48 82
Chile 36 161 197 10 132 142 339
Colombia 40 4 326 370 22 1 49 72 442
Costa Rica 76 3 269 348 6 8 14 362
Dominican Republic 72 193 265 21 8 29 294
Ecuador 106 106 7 1 8 114
El Salvador 8 8 9 3 12 20
Grenada 2 2 2
Guatemala 17 17 4 9 13 30
Honduras 48 6 54 3 20 23 77
Jamaica 34 3 37 10 10 20 57
Mexico 65 1 81 147 45 282 327 474
Nicaragua 10 10 2 2 12
Panama 5 590 595 14 24 38 633
Paraguay 27 14 349 390 4 5 9 399
Peru 20 266 286 16 75 91 377
Saint Vincent and the Grenadines 7 7 1 1 8
Suriname 1 1 1
Trinidad and Tobago 22 22 4 5 9 31
Uruguay 38 38 18 5 23 61
Venezuela 71 20 91 22 48 70 161
Naher Osten
Bahrain 13 2 15 9 15 24 39
Iraq 1 1 1
Israel 30 589 619 34 38 72 691
Kuwait 43 12 55 18 18 73
Lebanon 249 249 34 2 36 285
Oman 13 14 27 3 8 11 38
Qatar 60 1 61 11 74 85 146
Saudi Arabia 2 39 41 3 27 30 71
United Arab Emirates 15 15 5 14 259 278 293
United Arab Emirates 15 15 5 14 259 278 293
Afrika
Angola 281 281 2 2 283
Benin 13 13 13
Burundi 42 42 1 1 43
Chad 8 8 8
Cote d`Ivoire 27 27 3 70 73 100
Egypt 93 24 117 4 3 7 124
Ethiopia 1 1 1
Gabon 6 6 3 3 9
Ghana 95 10 105 5 5 110
Guinea-Bissau 1 1 1
Kenya 72 26 98 2 2 100
Mauritius 104 6 110 1 1 111
Morocco 55 114 169 5 4 9 178
Mozambique 1 1 1
Namibia 16 29 45 6 4 10 55
Niger 7 7 7
Nigeria 18 18 3 17 20 38
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 28 16 528 572 15 77 92 664
Tanzania 137 137 1 1 138
Togo 16 16 1 1 17
Tunisia 18 18 15 15 33
Uganda 41 41 41
Zambia 136 136 3 3 139
* the number of issues in Cbonds database (outstanding)