Value of the international debt capital market deals 2017-2023

In the second quarter of 2024, the value of the international debt capital market transactions amounted to approximately 1.4 trillion U.S. dollars. The debt market is the part of the capital market on which fixed-interest securities are traded. These securities include, for example, government, municipal, corporate or mortgage bonds.  Bonds – additional information The bond market, also known as the credit or fixed income market, is a market that trades in debt. The two most well known parts of the bond market are the primary and secondary capital markets. The primary market is the market that deals with the issuance of new securities and is an important part of the financial markets system. The bonds issued on the primary market are subsequently traded on the secondary markets. A bond is an instrument of indebtedness. The issuer of the bond is obliged to pay the bond holder the principal amount and the pre-agreed interest when the bond reaches maturity. The interest rates are generally payable at fixed intervals. Bonds provide the borrower with external funds in order to finance long-term investments, or, where government bonds are concerned, to finance government expenditure. Bonds are most often bought and traded by institutions such as central banks, pension funds or hedge funds. They are generally seen as being less volatile that stocks, especially the short and medium termed bonds. Bonds suffer from less day-to-day volatility than stocks but are still subject to risk. They are subject to credit and liquidity risks, among others.

在2024年第二季度，国际债务资本市场交易的价值约为14兆美元。债务市场是资本市场上进行固定收益证券交易的组成部分。此类证券包括，例如，政府、市政、企业或抵押债券。债券——附加信息：债券市场，亦称信用或固定收益市场，是进行债务交易的市场。债券市场中最为人熟知的两个部分为一级市场和二级市场。一级市场是处理新证券发行的市场，它是金融市场体系的重要组成部分。在一级市场发行的债券随后将在二级市场上进行交易。债券是一种债务工具。债券的发行人有义务在债券到期时向债券持有人支付本金和预先约定的利息。利息通常以固定的时间间隔支付。债券为借款人提供外部资金，以资助长期投资，或者，就政府债券而言，用于资助政府支出。债券通常由中央银行、养老基金或对冲基金等机构购买和交易。它们通常被视为比股票更稳定，尤其是短期和中期的债券。债券的日常波动性低于股票，但仍存在风险。它们面临信用和流动性风险等多种风险。