The Global Bond Market is Segmented by Type (Treasury Bonds, Municipal Bonds, Corporate Bonds, High-Yield Bonds, Mortgage-Backed Securities, and More), by Issuer (Public Sector Issuers, Private Sector Issuers), by Sectors (Energy and Utilities, Technology, Media and Telecom, Healthcare, Consumers, Industrial, Real Estate and More), and Region. The Market Forecasts are Provided in Terms of Value (USD).

As of 2023, the United States had the largest bond market worldwide, accounting for nearly 40 percent of the total. The European Union was second in the ranking, accouting for almost one fifth of the total outstanding value of corporate and government bonds worldwid, followed by China with 16.3 percent.

Global Bond market size 2021 was recorded $13139.1 Billion whereas by the end of 2025 it will reach $14872.8 Billion. According to the author, by 2033 Bond market size will become $19056.6. Bond market will be growing at a CAGR of 3.147% during 2025 to 2033.

The U.S. dollar was the currency most commonly used for deals on the international debt capital market in the fourth quarter of 2024. At that time, the value of deals in that currency was 639 billion U.S. dollars. What is debt capital market? The debt market is the part of the capital market on which fixed-interest securities are traded. These securities include, for example, government, municipal, corporate or mortgage bonds. It allows the companies and governments to raise capital through issuance of debt securities. In case a company or a government decides to collect additional money on debt capital market, it issues debt securities and sells them to investors. Depending on financial situation of the company issued bonds can obtain different ratings. The better the company is perceived in the market, the lower interest rates it has to pay for raised capital. Other ways of raising capital Some companies can access money via venture capital or private equity funding, where money comes from high net worth individuals, investment funds, banks or other financial institutions. For larger and well-established companies going public can be an option and raising money among investors. This process is called initial public offering (IPO).

Sovereign Bonds Market Outlook

According to our latest research, the global sovereign bonds market size reached USD 26.8 trillion in 2024, reflecting the continued dominance of government debt securities in global capital markets. The market is projected to grow at a CAGR of 6.1% from 2025 to 2033, with the total market size expected to reach USD 45.8 trillion by 2033. This expansion is being driven by robust demand from institutional investors, persistent fiscal deficits, and the need for governments to fund large-scale infrastructure and social programs. The growth of the sovereign bonds market is also underpinned by the increasing integration of emerging economies into the global financial system, alongside heightened risk aversion among investors seeking safe-haven assets.

One of the primary growth factors for the sovereign bonds market is the heightened demand for low-risk investment vehicles, particularly during periods of global economic uncertainty. Sovereign bonds, issued by national governments, are widely regarded as among the safest asset classes due to their backing by the full faith and credit of the issuing state. As central banks in major economies maintain accommodative monetary policies and investors seek to hedge against market volatility, allocations to sovereign bonds have increased significantly. Furthermore, regulatory requirements for financial institutions, such as Basel III liquidity coverage ratios, have compelled banks and insurers to hold substantial amounts of high-quality liquid assets, further reinforcing demand for government securities.

Another critical driver is the substantial fiscal stimulus measures enacted by governments worldwide in response to economic disruptions, such as the COVID-19 pandemic and ongoing geopolitical tensions. These measures have led to a surge in sovereign debt issuance, as countries seek to finance stimulus packages, healthcare expenditures, and economic recovery programs. The sovereign bonds market has therefore become a vital conduit for channeling capital from global investors into public sector projects, supporting both economic stability and long-term development. Moreover, the growing prominence of green and social bonds within sovereign issuance programs reflects an increasing alignment between public finance and sustainable development objectives, broadening the market’s appeal to ESG-focused investors.

The sovereign bonds market also benefits from technological advancements and financial innovation, which have enhanced market transparency, accessibility, and efficiency. The digitalization of bond issuance and trading platforms has enabled a broader spectrum of investors, including retail participants, to access sovereign debt markets. Additionally, the adoption of electronic book-building processes and blockchain-based settlement systems has streamlined primary and secondary market operations, reducing transaction costs and settlement risks. These innovations are fostering greater market participation and liquidity, thereby strengthening the overall resilience and attractiveness of sovereign bonds as a core asset class.

Regionally, the sovereign bonds market exhibits considerable diversity in terms of issuance volumes, investor bases, and yield dynamics. North America and Europe remain the largest markets, accounting for the majority of outstanding sovereign debt, driven by the United States, Germany, France, and the United Kingdom. However, the Asia Pacific region is witnessing the fastest growth, fueled by the rising fiscal needs of China, Japan, India, and Southeast Asian economies. Emerging markets in Latin America and the Middle East & Africa are also increasing their presence, albeit from a lower base, as they tap international capital markets to finance development initiatives. This regional diversification is contributing to a more balanced and resilient global sovereign bonds market.

Type Analysis

The sovereign bonds market is characterized by a wide array of bond types, each tailored to meet specific

In the first quarter of 2025, the value of the international debt capital market transactions amounted to nearly *** trillion U.S. dollars. The debt market is the part of the capital market on which fixed-interest securities are traded. These securities include, for example, government, municipal, corporate or mortgage bonds. Bonds – additional information The bond market, also known as the credit or fixed income market, is a market that trades in debt. The two most well known parts of the bond market are the primary and secondary capital markets. The primary market is the market that deals with the issuance of new securities and is an important part of the financial markets system. The bonds issued on the primary market are subsequently traded on the secondary markets. A bond is an instrument of indebtedness. The issuer of the bond is obliged to pay the bond holder the principal amount and the pre-agreed interest when the bond reaches maturity. The interest rates are generally payable at fixed intervals. Bonds provide the borrower with external funds in order to finance long-term investments, or, where government bonds are concerned, to finance government expenditure. Bonds are most often bought and traded by institutions such as central banks, pension funds or hedge funds. They are generally seen as being less volatile that stocks, especially the short and medium termed bonds. Bonds suffer from less day-to-day volatility than stocks but are still subject to risk. They are subject to credit and liquidity risks, among others.

The Global Green Bonds Market is Segmented by Issuer Type (Sovereigns, Supranationals & Agencies, Financial Corporates, Non-Financial Corporates, and Municipal & Local Authorities), Use-Of-Proceeds Sector (Energy, Buildings, Transport, Water & Wastewater, and More), Bond Format (Senior Unsecured, Asset-backed/Project Bond, Covered Bond, and More), and Geography. The Market Forecasts are Provided in Value (USD).

Tier 2 Capital Bonds Market Outlook

According to our latest research, the global Tier 2 Capital Bonds market size reached USD 413.2 billion in 2024, reflecting a robust growth trajectory driven by regulatory requirements and the ongoing need for capital adequacy in the financial sector. The market is witnessing a compound annual growth rate (CAGR) of 6.1% from 2025 to 2033. By the end of 2033, the Tier 2 Capital Bonds market is forecasted to achieve a valuation of USD 701.7 billion. This significant expansion is primarily attributed to evolving Basel III regulations, heightened demand for risk-weighted capital instruments, and the growing participation of institutional investors in emerging markets.

The growth of the Tier 2 Capital Bonds market is fundamentally underpinned by the increasing regulatory emphasis on strengthening the capital base of financial institutions. Basel III and other global regulatory frameworks have imposed more stringent capital requirements, compelling banks and financial institutions to bolster their capital adequacy ratios through the issuance of Tier 2 instruments. These bonds, serving as supplementary capital, not only enhance the resilience of the financial system but also provide issuers with a cost-effective solution to meet regulatory thresholds. As a result, the market for Tier 2 Capital Bonds has seen a marked uptick in issuance volumes, particularly among systemically important banks seeking to maintain compliance and investor confidence in an evolving regulatory environment.

Another critical growth factor for the Tier 2 Capital Bonds market is the diversification of funding sources by financial institutions. In an era characterized by volatile interest rates and fluctuating economic cycles, banks and insurance companies are increasingly leveraging Tier 2 instruments to optimize their capital structures. These bonds offer a balance between risk and reward, appealing to both issuers and investors seeking yield enhancement and credit protection. The flexibility in terms, such as subordination and loss-absorption features, has further fueled investor appetite, especially among institutional investors who are constantly seeking to diversify their fixed-income portfolios. This trend is further amplified by the growing sophistication of capital markets in emerging economies, where local regulatory authorities are aligning with global best practices.

Technological advancements and digitalization within the financial services sector have also played a pivotal role in the expansion of the Tier 2 Capital Bonds market. The adoption of advanced analytics, blockchain, and digital issuance platforms has streamlined the process of bond issuance, distribution, and monitoring, reducing operational costs and enhancing transparency. These technological innovations have facilitated broader market participation, enabling issuers to reach a wider pool of investors, including retail participants who were previously less involved in such instruments. As digital finance continues to evolve, the accessibility and attractiveness of Tier 2 Capital Bonds are expected to increase, further propelling market growth over the next decade.

Regionally, the Asia Pacific market stands out as a major growth engine, driven by rapid financial sector development, regulatory reforms, and a burgeoning investor base. Countries such as China, India, and Southeast Asian economies are witnessing a surge in Tier 2 bond issuances as local banks strive to align with international capital standards. Meanwhile, North America and Europe remain mature markets with steady issuance activity, underpinned by a stable regulatory environment and sophisticated capital markets. Latin America and the Middle East & Africa are emerging as promising regions, albeit at a relatively nascent stage, with increasing cross-border investments and regulatory convergence supporting incremental growth in Tier 2 Capital Bonds adoption.

In the context of the evolving financial landscape, Convertible Bond Issuance Advisory services have become increasingly vital for institutions looking to optimize their capital strategies. These advisory services provide tailored solutions for structuring and issuing convertible bonds, which offer the dual benefits of debt and equity. By leveraging expert insights and market analysi

The size of the Green Bonds Market was valued at USD 609.64 Million in 2023 and is projected to reach USD 1123.06 Million by 2032, with an expected CAGR of 9.12% during the forecast period. Recent developments include: In December 2023: The African Development Bank Group partnered with the coalition of development finance institutions of the Global Green Bond Initiative. Both collaborated on technical assistance to promote Africa's green bond markets., In September 2023: The Inter-American Development Bank (IDB) partnered with the KfW Development Bank to Boost Green Bond Market Development. The Partnership gave IDB USD 2.15 million to support initiatives to create and advance best practices, guidelines, and financial tools to support the growth of the green bond markets in the Americas and the Caribbean.. Key drivers for this market are: Growing Number of Investors. Potential restraints include: Small Size of the Green Bond Market Compared to Traditional Bond Market. Notable trends are: Increasing Loans is Fuelling the Market.

Corporate Bond Market Outlook

According to our latest research, the global corporate bond market size reached USD 13.2 trillion in 2024, reflecting the robust appetite for fixed-income securities among investors worldwide. The market is projected to grow at a CAGR of 6.1% from 2025 to 2033, reaching a forecasted value of USD 22.4 trillion by 2033. This growth trajectory is underpinned by increasing corporate financing needs, persistent low interest rate environments in key economies, and the ongoing diversification strategies of institutional investors seeking stable returns and risk mitigation.

One of the primary growth drivers for the corporate bond market is the rising demand for alternative investment vehicles among institutional investors. Pension funds, insurance companies, and sovereign wealth funds are increasingly allocating larger portions of their portfolios to corporate bonds, attracted by the relatively higher yields compared to government securities. In addition, the growing sophistication of credit risk assessment tools and enhanced market transparency have made corporate bonds more accessible and attractive to a broader range of investors. The expansion of emerging markets, where corporations are turning to bonds as a means of raising capital for expansion and innovation, is also contributing significantly to the overall market growth.

Another critical factor fueling the growth of the corporate bond market is the evolving regulatory landscape. Regulatory reforms, such as Basel III and Solvency II, have encouraged financial institutions to maintain higher capital buffers, prompting them to invest in liquid and high-quality assets like investment-grade corporate bonds. Moreover, the proliferation of sustainable finance initiatives has led to a surge in the issuance of green and social bonds by corporations aiming to align with environmental, social, and governance (ESG) criteria. This trend is not only expanding the market but also attracting a new class of investors focused on responsible investing.

Technological advancements are also playing a pivotal role in the transformation of the corporate bond market. The adoption of electronic trading platforms, blockchain-based settlement systems, and advanced data analytics has streamlined the issuance, trading, and settlement processes. These innovations have enhanced market liquidity, reduced transaction costs, and increased transparency, making corporate bonds more accessible to both institutional and retail investors. Furthermore, the rise of online platforms and fintech solutions is democratizing access to corporate bonds, enabling a broader investor base to participate in this dynamic market.

From a regional perspective, North America continues to dominate the corporate bond market owing to the presence of mature capital markets, a large base of institutional investors, and a favorable regulatory environment. However, Asia Pacific is rapidly emerging as a key growth engine, driven by economic expansion, financial market liberalization, and increasing corporate bond issuances in countries like China, Japan, and India. Europe also remains a significant market, supported by robust investor demand and the widespread adoption of ESG principles. Meanwhile, Latin America and the Middle East & Africa are witnessing gradual growth, fueled by infrastructure development and efforts to deepen local capital markets.

Type Analysis

The corporate bond market can be broadly segmented by type into investment grade and high yield bonds. Investment grade bonds, which are issued by corporations with strong credit ratings, constitute the largest segment due to their lower risk profile and stable returns. These bonds are particularly favored by risk-averse investors such as pension funds, insurance companies, and central banks. The demand for investment grade bonds has been further bolstered by regulatory requirements mandating higher allocations to high-quality assets, as well as the growing emphasis on

The global high-yield bonds market size reached approximately USD 5.31 Trillion in 2024. The market is projected to grow at a CAGR of 4.30% between 2025 and 2034, reaching a value of around USD 8.09 Trillion by 2034.

Bond Market: Outstanding Amount: Government of Sweden data was reported at 1,230,011.000 SEK mn in Oct 2018. This records a decrease from the previous number of 1,238,151.000 SEK mn for Sep 2018. Bond Market: Outstanding Amount: Government of Sweden data is updated monthly, averaging 1,238,005.500 SEK mn from Mar 2013 (Median) to Oct 2018, with 68 observations. The data reached an all-time high of 1,339,774.000 SEK mn in Oct 2016 and a record low of 1,060,720.000 SEK mn in Mar 2013. Bond Market: Outstanding Amount: Government of Sweden data remains active status in CEIC and is reported by Statistics Sweden. The data is categorized under Global Database’s Sweden – Table SE.Z005: Bond Market.

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Fixed Income Assets Management Market Size 2025-2029

The fixed income assets management market size is valued to increase USD 9.16 tr, at a CAGR of 6.3% from 2024 to 2029. Increasing investment in fixed income assets will drive the fixed income assets management market.

Major Market Trends & Insights

North America dominated the market and accounted for a 35% growth during the forecast period.
By Type - Core segment was valued at USD 13.18 tr in 2023
By End-user - Enterprises segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 55.33 tr
Market Future Opportunities: USD 9156.40 tr
CAGR : 6.3%
North America: Largest market in 2023

Market Summary

The market encompasses the management and investment in various types of debt securities, including bonds and treasuries. Core technologies and applications, such as portfolio optimization algorithms and risk management tools, play a crucial role in this market's continuous evolution. One significant trend is the increasing adoption of bond exchange-traded funds (ETFs), which accounted for over 20% of global fixed income assets under management in 2021.
However, the market faces challenges, including transaction risks and regulatory changes. For instance, the European Securities and Markets Authority's (ESMA) updated guidelines on MiFID II reporting requirements have impacted market participants. Despite these challenges, opportunities persist, including the growing demand for active management strategies and the increasing popularity of alternative investment-grade bonds.

What will be the Size of the Fixed Income Assets Management Market during the forecast period?

Get Key Insights on Market Forecast (PDF) Request Free Sample

How is the Fixed Income Assets Management Market Segmented and what are the key trends of market segmentation?

The fixed income assets management industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD tr' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Type

  Core
  Alternative


End-user

  Enterprises
  Individuals


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  APAC

    China
    India
    Japan
    South Korea


  Rest of World (ROW)

By Type Insights

The core segment is estimated to witness significant growth during the forecast period.

Fixed Income Asset Management (FIAM) is a strategic investment approach that focuses on managing a diversified mix of US dollar-denominated fixed-income securities. This strategy encompasses various types of securities, including investment-grade bonds, commercial mortgage-backed securities (CMBS), residential mortgage-backed securities (RMBS), asset-backed securities (ABS), US government bonds, corporate debt, and other securitized assets. FIAM strategies employ rigorous research and risk management techniques to deliver consistent, solid returns, balancing both capital growth and income objectives. Portfolio managers meticulously blend securities across issuers, maturities, and jurisdictions to cater to the varying requirements of investors. Quantitative bond strategies, such as yield curve modeling and duration and convexity analysis, play a crucial role in FIAM.

These strategies help in assessing the risk-reward trade-off and optimizing the portfolio's sensitivity to interest rate changes. Interest rate swaps and other interest rate derivatives are essential tools in managing FIAM. They enable portfolio managers to hedge against interest rate risk and adjust the portfolio's duration to maintain an optimal risk profile. Performance attribution models and option-adjusted spread analysis are essential for evaluating the effectiveness of FIAM strategies. These models help in understanding the contribution of various factors to the portfolio's overall performance. Liquidity risk management is another critical aspect of FIAM. Portfolio managers employ various techniques, such as securitization and debt portfolio optimization, to manage liquidity risk and ensure that the portfolio remains accessible to investors.

Global macroeconomic factors, such as inflation, economic growth, and interest rates, significantly impact the FIAM market. Inflation-linked securities and credit default swaps are popular instruments used to hedge against inflation risk and credit risk, respectively. The FIAM market is experiencing steady growth, with an increasing number of investors recognizing the benefits of this investment strategy. According to recent studies, the market is projected to expand by approximately 12% in the coming year. Additionally, there has been a significant increase in the adoption of quantitative bond strategies, with over 40% of portfolio managers re

Putable Bonds Market Outlook

According to our latest research, the global putable bonds market size reached USD 1.42 trillion in 2024, reflecting robust investor interest amid rising market volatility. The market is expected to grow at a CAGR of 6.1% from 2025 to 2033, projecting a value of USD 2.42 trillion by 2033. The primary growth factor for the putable bonds market is the increasing demand for flexible fixed-income securities that allow investors to mitigate interest rate and credit risk, particularly in uncertain economic environments.

One of the main growth drivers for the putable bonds market is the heightened sensitivity of investors to interest rate fluctuations and credit risk. In a climate where central banks frequently adjust policy rates, investors are seeking instruments that offer protection against potential declines in bond prices. Putable bonds, which grant holders the right to sell the bond back to the issuer before maturity, provide a unique safeguard. This flexibility is especially attractive to institutional investors managing large and diversified portfolios, as it enables them to optimize returns while minimizing downside risk. As a result, the adoption of putable bonds has accelerated, particularly among pension funds, insurance companies, and asset managers seeking to enhance portfolio resilience.

Another significant growth factor is the diversification of issuers entering the putable bonds market. While traditionally dominated by corporate issuers, there has been a notable increase in participation from government and municipal entities. This expansion is driven by the need for issuers to attract a broader investor base and offer more appealing terms amid competitive capital markets. The ability of putable bonds to offer lower coupon rates in exchange for the embedded put option is advantageous for issuers, allowing them to manage borrowing costs while catering to investor demand for risk-adjusted returns. This trend has not only expanded the supply side of the market but also contributed to the overall depth and liquidity of putable bond offerings worldwide.

Technological advancements in distribution channels have also played a crucial role in the growth of the putable bonds market. The proliferation of online trading platforms and digital brokers has democratized access to putable bonds, making them available to a wider range of investors, including retail participants. Enhanced transparency, streamlined transaction processes, and improved price discovery have collectively increased market participation. Furthermore, regulatory reforms in several regions have promoted greater disclosure and investor protection, thereby fostering confidence in putable bond investments. These technological and regulatory enhancements are expected to sustain the upward trajectory of the market in the coming years.

From a regional perspective, North America continues to dominate the putable bonds market, accounting for the largest share in 2024, followed closely by Europe and Asia Pacific. The strong presence of institutional investors, advanced financial infrastructure, and a mature regulatory environment contribute to North America's leadership. However, Asia Pacific is emerging as the fastest-growing region, driven by rapid economic development, increasing financial literacy, and ongoing capital market reforms. Latin America and the Middle East & Africa, though smaller in comparison, are witnessing steady growth due to rising demand for alternative investment instruments and evolving investor preferences. The global dispersion of issuers and investors is expected to further enhance the market's resilience and growth potential.

Type Analysis

The putable bonds market is segmented by type into investment grade and high yield bonds, each catering to distinct investor profiles and risk appetites. Investment grade putable bonds are favored by conservative investors who prioritize capital preservation and stable income streams. These bonds are issued by entities with strong c

Green Bond Market size was valued at around USD 345 billion in 2025 and is projected to reach USD 584 billion by 2032. at 9.17% CAGR during 2026-32.

The global bond trading platform market is experiencing robust growth, driven by increasing demand for fixed-income securities and technological advancements enhancing trading efficiency. Our analysis indicates a market size of approximately $15 billion in 2025, projected to grow at a Compound Annual Growth Rate (CAGR) of 8% from 2025 to 2033. This growth is fueled by several key factors, including the rising adoption of electronic trading platforms, the increasing complexity of bond markets requiring sophisticated analytical tools, and the growing need for regulatory compliance solutions integrated within trading platforms. Furthermore, the expansion of the global investor base, particularly among institutional investors and high-net-worth individuals, is contributing significantly to market expansion. The competitive landscape is characterized by a mix of established players like Charles Schwab and smaller, specialized firms catering to niche markets. The market segmentation is likely to evolve with the rise of specialized platforms focusing on specific bond types (e.g., government bonds, corporate bonds, municipal bonds), offering tailored functionalities and analytics. While regulatory hurdles and cybersecurity concerns represent potential restraints, innovative features such as AI-driven trade execution and enhanced risk management tools are anticipated to drive future market growth. The geographical distribution is expected to be geographically diverse, with significant contributions from North America and Europe, followed by the Asia-Pacific region experiencing accelerated growth due to increasing financial market sophistication. This presents considerable opportunities for both established and emerging players to capitalize on the expanding market.

Explore insights from Market Research Intellect's Bond Trading Platform Market Report, valued at USD 10.5 billion in 2024, expected to reach USD 18.2 billion by 2033 with a CAGR of 7.8% during 2026-2033.Uncover opportunities across demand patterns, technological innovations, and market leaders.

Sweden Bond Market: Outstanding Amount: Other Financial Corporations data was reported at 338,580.000 SEK mn in Mar 2025. This records an increase from the previous number of 332,858.000 SEK mn for Feb 2025. Sweden Bond Market: Outstanding Amount: Other Financial Corporations data is updated monthly, averaging 246,856.000 SEK mn from Mar 2013 (Median) to Mar 2025, with 145 observations. The data reached an all-time high of 346,591.000 SEK mn in Aug 2023 and a record low of 150,743.000 SEK mn in Apr 2013. Sweden Bond Market: Outstanding Amount: Other Financial Corporations data remains active status in CEIC and is reported by Statistics Sweden. The data is categorized under Global Database’s Sweden – Table SE.Z005: Bond Market.

EDI now provides seven daily feeds, timed to international trading cycles at 03:30, 07:00, 09:00, 11:00, 13:00, 15:00, and 17:15 GMT/UTC, giving clients consistent, market-aligned data throughout the day.

The Worldwide Fixed Income (WFI) Service enables you to keep track of new bond issues or changes in terms and conditions for both corporate and government issuances. Data is sourced globally from stock exchanges, central banks, ministries of finance, lead managers, paying, calculation and transfer agents.

The fixed income data service cover 40 event types including redemption, conversion, defaults and contains static data outlining key terms and conditions and call schedules. EDI can provide you with pricing supplements, offering circulars, term sheets and prospectuses for as many securities as possible subject to availability. It covers approximately 30% of the Fixed Income database. Use cases: Bond Issuance Tracking | Portfolio Risk Management | Portfolio Valuation | Investment Management | Market Analysis

With the service you will have access to: -International debt securities in more than 150 countries A broad range of asset types including: -Convertibles -FRNs -Permanent interest bearing shares -Preferred securities -Treasury bills In addition, where possible we can extend both instruments and geographic coverage to fully cover your portfolio.

Originally in the equity space, Exchange Data International (EDI) moved to the Fixed Income arena following an increased demand from clients to add debt instruments to its coverage. As the firm was approached by a major credit rating agency to build a customised fixed income service, it developed its own Fixed Income service providing global coverage of the debt market. New countries and sources are continually researched and added to enhance geographic coverage and increase the volume of securities in the database. The service provides historical data back from 2007.

Asset Classes Fully covered: • Canadian strip packages without underlying • Cash management bills • Certificate of deposit (tenure more than 28 days) • Commercial papers (tenure more than 28 days) • Convertibles • Corporate bonds • Government bonds • Municipal securities • Short-term corporate Bonds • Short-term government Bonds • Strips (parent needed) • Treasury bills

Covered if in portfolio: • Asset-backed securities (ABS) (securities entered with critical fields and just covered for live • client’s portfolio and Canada; offering documents processed for live clients; corporate actions not maintained) • Certificates (just covered for live client’s portfolio) • Mortgage-backed securities (MBS) (securities entered with critical fields and just covered for live client’s portfolio and Canada, offering documents processed for live clients; corporate actions not maintained) • Musharaka Sukuks (securities entered with critical fields and just covered for live client’s Portfolio; offering documents processed for live clients; corporate actions not maintained) • Structured Products • Genussschein (AT, CH and DE) • Mortgage-pass through certificates • Pass-through certificates In addition, EDI provides a comprehensive global Fixed Income Corporate Action/Event service, to compliment the reference data, including security and issuer level events and distributions.

Israel Market Capitalization: TASE: Annual: Listed Securities: Fixed Income Market: Bonds: Corporate data was reported at 94.800 USD bn in 2017. This records an increase from the previous number of 78.200 USD bn for 2016. Israel Market Capitalization: TASE: Annual: Listed Securities: Fixed Income Market: Bonds: Corporate data is updated yearly, averaging 27.178 USD bn from Dec 1996 (Median) to 2017, with 22 observations. The data reached an all-time high of 94.800 USD bn in 2017 and a record low of 2.549 USD bn in 2000. Israel Market Capitalization: TASE: Annual: Listed Securities: Fixed Income Market: Bonds: Corporate data remains active status in CEIC and is reported by Tel Aviv Stock Exchange. The data is categorized under Global Database’s Israel – Table IL.Z003: Tel Aviv Stock Exchange: Market Capitalization.