Equity
Corporate bonds
Bank loans
24%
48%
38%
17%
45%
15%
37%
27%
49%
11 (45%)
25 (98%)
16 (143%)
65 (259%)
21 (114%)
27 (147%)
48 (261%)
57 (308%)
14 (82%)
13 (73%)
27 (155%)
54 (307%)
US$ TN (% OF GDP)
t/o corp.bonds
t/o equality
Total CM
Total
Asia
US
Europe