Emerging market and developing economies
Debt securities issues and amounts outstanding, in billions of US dollars  1
Emerging market and developing economies Amount outstanding Net flows Amount outstanding Gross issuance Net flows Amount outstanding
«  Q4 2023 › »
Total Of which: Up to and including one year
Q2 23 Q3 23 Q3 23 Q4 23 Q4 23 Q4 23 Q4 23
Resident issuers
Total debt securities         
Financial corporations         
Non-financial corporations         
General government         
Domestic debt securities         
Financial corporations         
Short-term         
Long-term         
Non-financial corporations         
Short-term         
Long-term         
General government         
Short-term         
Long-term         
International debt securities3,889.811.13,883.8192.340.03,952.4579.8
Banks799.92.9798.9112.322.6828.3269.1
By currency
Local currency36.71.037.35.9-1.336.715.5
US dollar580.31.6581.969.98.8590.8178.6
Euro75.7-1.572.37.04.680.112.3
Other foreign currencies107.21.8107.329.510.4120.762.7
By original maturity
Short-term136.10.8136.680.912.0149.0148.5
Long-term663.82.0662.231.510.6679.3120.6
By interest rate type
Fixed709.93.8710.495.010.5727.5235.1
Other89.9-0.988.517.312.1100.834.0
Other financial corporations553.02.4554.031.51.7558.990.2
By currency
Local currency35.92.238.04.92.441.011.7
US dollar454.7-2.4452.319.7-0.5451.862.5
Euro33.90.833.83.7-0.534.87.1
Other foreign currencies28.61.729.93.10.331.38.8
By original maturity
Short-term23.8-0.723.19.41.324.523.2
Long-term529.23.0530.922.10.5534.467.1
By interest rate type
Fixed533.22.2534.130.81.7538.986.2
Other19.80.119.80.70.020.04.0
Non-financial corporations883.1-2.6878.313.4-1.2881.3103.4
By currency
Local currency44.11.244.71.90.846.68.4
US dollar760.1-0.5759.610.5-0.9758.783.3
Euro46.8-1.044.6......46.56.5
Other foreign currencies32.1-2.329.41.1-1.229.45.2
By original maturity
Short-term1.2-0.20.90.3-0.20.70.7
Long-term882.0-2.4877.313.1-1.0880.6102.7
By interest rate type
Fixed819.0-4.2812.710.7-1.7814.991.9
Other64.11.665.62.80.566.411.4
General government1,650.49.31,650.035.016.81,681.3116.8
By currency
Local currency46.65.450.23.30.751.86.5
US dollar1,296.7-3.11,293.517.86.81,300.381.2
Euro281.96.9281.610.76.2300.123.7
Other foreign currencies25.20.024.63.23.129.05.3
By original maturity
Short-term0.10.50.6......0.60.5
Long-term1,650.38.81,649.535.016.81,680.7116.3
By interest rate type
Fixed1,648.48.91,647.635.016.91,678.9116.8
Other2.00.42.40.0-0.12.40.0
National issuers
International debt securities5,097.7-11.15,065.2264.737.25,140.0849.3
Banks964.0-9.5950.6159.525.8984.8375.1
By currency
US dollar705.0-5.6699.496.812.3711.7245.0
Euro75.7-5.468.614.06.878.521.1
Other currencies183.31.5182.648.76.6194.5109.1
By original maturity
Short-term216.9-3.9212.1124.117.4231.8228.9
Long-term747.1-5.6738.535.48.4753.0146.2
By interest rate type
Fixed866.6-8.0855.4150.222.7885.5348.5
Other97.4-1.595.29.33.199.326.6
Other financial corporations493.85.2497.232.63.5503.992.2
By currency
US dollar395.30.7396.122.52.5398.665.6
Euro40.41.440.83.60.342.96.2
Other currencies58.03.060.46.60.762.420.4
By original maturity
Short-term27.9-0.827.09.81.028.228.1
Long-term465.96.0470.222.82.5475.764.1
By interest rate type
Fixed449.75.8454.229.82.0458.787.1
Other44.1-0.643.12.81.545.25.1
Non-financial corporations1,969.4-16.11,947.337.5-9.01,950.0265.1
By currency
US dollar1,660.9-17.21,643.725.6-7.41,636.3208.7
Euro164.3-0.5159.72.2-4.6161.830.0
Other currencies144.21.6143.99.73.0151.826.4
By original maturity
Short-term5.50.35.72.90.15.94.6
Long-term1,964.0-16.41,941.634.5-9.11,944.1260.5
By interest rate type
Fixed1,832.3-15.91,810.933.4-7.61,813.9242.0
Other137.1-0.2136.44.1-1.5136.023.1
 1 Total debt securities (TDS) and domestic debt securities (DDS) are reported by national authorities, while international debt securities (IDS) are defined and compiled by the BIS from commercial data sources. Due to differences in definitions and valuation, the amounts for TDS may differ from the sum of DDS and IDS.