US Capital Markets

The Global Bond Market

Across the world, bonds issued by countries, municipal bodies, corporations and financial institutions are traded.  At the end of 2006, the market was worth around 47 trillion dollars. About half of that value is made up of government bonds.

Table 28
The Bond Market, Divided Regios - 2009.The table shows how the market is split according to regions.

Region Bond Value
(in billions of dollars)
USA 25.1
Japan 11.5
Italy 3.7
France 3.2
Germany 2.8
.... ...
World 64.2

The American Bond Market

The United States has the largest, most developed market in the world. The different types of bonds that are traded there can be split into the following sectors.

  • Treasury Securities.
  • Corporate Bonds.
  • Municipal Bonds.
  • Mortgage Backed Securities.

Table 29

The American Bond Market, Divided According to Sector- January 2003

Sector Bond Value
(in billions of dollars)
Treasury Securities 3
Corporate Bonds 4
Municipal Bonds 2
Mortgage Backed Securities 4
The Global Bond Market552  The Global Bond Market