EM Countries Debt Markets

Country 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 36 33 69 1 5 6 75
Belarus 151 169 659 979 3 3 982
Georgia 48 9 57 1 5 6 63
Kazakhstan 178 31 218 427 4 42 46 473
Kyrgyzstan 83 10 93 93
Moldova 148 148 148
Russia 51 117 1307 1475 14 308 322 1797
Tajikistan 23 1 24 24
Ukraine 296 474 770 13 35 48 818
Uzbekistan 4 4 4
Western Europe
Andorra 3 3 3
Austria 175 17 1131 1323 19 5 218 242 1565
Greece 26 6 32 2 31 33 65
Belgium 136 36 271 443 30 18 48 491
Cyprus 18 20 38 7 28 35 73
Denmark 17 1613 1630 211 211 1841
Finland 18 14 540 572 16 285 301 873
France 230 43 1626 1899 1112 1112 3011
Germany 252 884 8999 10135 37 1915 1952 12087
Greece 26 6 32 2 31 33 65
Iceland 14 11 56 81 2 34 36 117
Ireland 34 27 61 1 246 247 308
Isle of Man 1 1 1
Italy 123 2296 2419 65 25 790 880 3299
Liechtenstein 8 8 2 2 10
Luxembourg 4 87 91 3 993 996 1087
Malta 93 32 125 2 2 127
Monaco 1 1 3 3 4
Netherlands 97 24 141 262 1642 1642 1904
Norway 11 115 1372 1498 326 326 1824
Portugal 27 3 131 161 1 77 78 239
San Marino 3 3 3
Spain 159 87 283 529 4 9 397 410 939
Sweden 25 28 443 496 14 69 784 867 1363
Switzerland 41 186 886 1113 303 303 1416
United Kingdom 100 1 309 410 2 3 3973 3978 4388
Developed Markets (excl. Europe)
Australia 33 27 497 557 2 888 890 1447
Canada 74 346 1175 1595 9 122 879 1010 2605
Guernsey 4 4 1 75 76 80
Japan 619 100 803 1522 10 521 531 2053
New Zealand 13 10 125 148 4 57 61 209
Jersey 5 5 1 13 14 19
USA 590 228 15074 15892 6426 6426 22318
Eastern Europe
Albania 136 136 3 3 139
Bosnia and Herzegovina 91 7 8 106 2 2 108
Bulgaria 24 3 59 86 7 5 12 98
Croatia 38 3 22 63 9 9 18 81
Czech Republic 41 2 132 175 5 1 58 64 239
Estonia 11 77 88 1 8 9 97
Hungary 184 2 148 334 14 19 33 367
Kosovo 16 16 16
Latvia 10 79 89 10 5 15 104
Lithuania 76 3 79 13 13 92
Macedonia 160 160 3 3 163
Montenegro 11 1 12 3 3 15
Poland 279 78 785 1142 51 1 31 83 1225
Bosnia and Herzegovina 91 7 8 106 2 2 108
Romania 36 39 9 84 13 6 19 103
Serbia 88 10 98 5 5 103
Slovakia 15 156 171 11 7 18 189
Slovenia 25 24 49 13 7 20 69
Turkey 57 316 373 37 117 154 527
Asia (excl. Japan)
Bangladesh 320 320 1 1 321
Bhutan 1 1 1
China 235 630 3735 4600 46 894 940 5540
Fiji 240 240 1 1 241
Hong Kong 27 426 453 3 503 506 959
India 110 398 5572 6080 160 160 6240
Indonesia 72 700 772 43 60 103 875
Korea 52 16 68 7 551 558 626
Laos 14 14 14
Macau 2 2 4 4 6
Malaysia 85 86 171 5 2 102 109 280
Maldives 1 1 1
Mongolia 21 21 5 4 9 30
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 45 198 243 35 35 278
Vietnam 150 150 5 1 6 156
Latin America
Antigua and Barbuda 20 20 20
Argentina 31 25 156 212 70 37 60 167 379
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 41 2 344 387 22 1 49 72 459
Costa Rica 78 3 238 319 6 8 14 333
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 43 275 318 525
Nicaragua 10 5 15 2 2 17
Panama 5 577 582 15 21 36 618
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
Middle East
Bahrain 13 2 15 9 14 23 38
Iran 14 14 14
Iraq 2 2 2
Israel 30 611 641 46 37 83 724
Jordan 174 2 176 6 2 8 184
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
Africa
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 77 12 89 5 5 94
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 50 107 157 4 4 8 165
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 27 1 28 3 3 31
Seychelles 1 1 1
Sierra Leone 2 2 2
South Africa 27 17 1230 1274 14 89 103 1377
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)
The section provides up-to-date statistics on Cbonds database coverage by countries. The section displays data on the number of outstanding sovereign, municipal and corporate bonds and international bonds in Cbonds database. More detailed information on fixed income market of each country is available on the corresponding issue pages and in the issue search sections.