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Q: Value of World bond market? ( Answered 5 out of 5 stars,   1 Comment )
Subject: Value of World bond market?
Category: Business and Money > Economics
Asked by: jason_happy-ga
List Price: $50.00
Posted: 24 Feb 2005 00:33 PST
Expires: 26 Mar 2005 00:33 PST
Question ID: 479862
I could not find any good data that was recent, the best I found was
for 2001, which is quite old.  The more recent, the better.  Should be
2004 or 2003.

What is the value of the world bond market?  How many trillions? 
Should be around 30 trillion or more, in U.S. dollars.  And what is
the source of the estimation--I need a link.
Subject: Re: Value of World bond market?
Answered By: bobbie7-ga on 24 Feb 2005 06:35 PST
Rated:5 out of 5 stars
According to the Irish Association of Pension Funds (IAPF) newsletter
published in the summer of 2004, the size of the global bond market at
the end of 2003 was US$45 trillion.


?The size of the global bond market at  the end of 2003 was US$45 trillion. The
United States, which makes up 47.6% of the world bond market, grew in local
currency terms by 14.4% in 2003 . The share of government issues in the world
bond market reached 29.6% in 2003, reflecting growth for the first time since
1995, and with the widening of fiscal deficits in the US, UK and Eurozone, this
trend should continue.?

Irish Association of Pension Funds (IAPF): Summer 2004 Newsletter,702,en.pdf

IAPF homepage

From PWL Capital Inc:

?The world bond market is larger than equity markets, with a U.S.
dollar market value of $49 trillion  versus $35 trillion.?

PWL Capital Inc. Report published in the fall of 2004

According to a publication by International Financial Services, London, 
the value of the global bond market was $35 trillion in September 2003.

Excerpt from page 11:

?The global bond market has more than doubled in size during the last
decade. The bulk of the market is in domestic bonds where bonds are
issued by companies in their own country and local currency, but the
share of international bond issues in the total bond market has risen
in recent years. The total value of bonds issued worldwide exceeded
$35 trillion in September 2003.?

International Financial Services, London

Search criteria:
World OR global OR international bond market +trillion

I hope this helps

Best regards,
jason_happy-ga rated this answer:5 out of 5 stars and gave an additional tip of: $20.00
Outstanding answer!  Thank you!

Subject: Re: Value of World bond market?
From: bobbie7-ga on 24 Feb 2005 10:51 PST
Thank you very much for the five stars and generous tip!

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