Bond Markets

Bond Markets

A map of the world’s major bond markets, analysed by size, issuers, security types, liquidity and operational accessibility.

Bond markets are the primary source of financing for the global economic system.

Through government securities, corporate bonds and fixed-income instruments, governments and companies raise capital, while investors seek returns, stability and diversification.

This page analyses the world’s major bond markets by size, composition, geographical distribution, liquidity, leading issuers and operational accessibility.

A Snapshot of the Global Bond Market

Bond markets are one of the principal sources of financing for the global economy. Governments, financial institutions and companies raise capital through debt securities, while investors seek returns, stability and diversification.

Understanding the scale, concentration and infrastructure of the bond market means understanding how the global economic system is financed and where international financial power is concentrated.

Sources: SIFMA, BIS, ICMA, World Bank, OECD, IMF and institutional sources from the leading market operators.