Data as of Q4 2015 Primary sources: Securities Industry and Financial Markets Association (SIFMA), S&P Capital IQ, A part of McGraw Hill Financial, Bank for International Settlements (BIS), Fitch Ratings, Inc., Fitch Ratings Ltd. and its subsidiaries, S&P Dow Jones Indices LLC, a part of McGraw Hill Financial, Investment Company Institute, U.S. Department of the Treasury, Bureau of the Fiscal Service. Secondary: Over twenty-five investment industry, research, and media sources. Percentages and totals are estimated due to rounding. Keys: Other (MM=US Money Market, ABS= US Asset Backed Security, MUNI= US Municipal Bond). Conv/Pref = US Convertible and Preferred. Source date is available by request to contact@7Twelveadvisors.com. Use of this research is permitted for non-commercial purposes only with proper citation as 3Twelve™ Total Bond and inclusion of primary sources.
About the 3Twelve™ Total Bond map:
The 3Twelve™ Total Bond map may be the most complete compilation of world bond totals available. We are delighted to publish this exclusively with LearnBonds.com — the most comprehensive source for fixed-income. “3” stands for the three types of bonds–government, corporate, mortgage. “Twelve” stands for the major bond categories.
Notes: “Other” is made up of asset backed bonds, US municipal bonds, and money market funds. These are very different types of securities, but since municipal bonds are found just in the US, money markets are not effectively bonds as a security, and asset backed securities are so varied in structure, we by default count them together.
Andy Martin, 8/15/16 (special thanks to Jake Dowler, research assistant, 7Twelve Advisors, LLC, and Branimir Gruić, Senior Statistical Analyst, Bank for International Settlements)