graph_Graph 9_33FB76CF

Net issuance of US dollar-denominated debt by non-financial corporates¹

Monthly net issuance, in billions of US dollars

Graph 9

A. Syndicated term loans

B. Debt securities

¹ On an immediate borrower sector basis, by residence of borrowers. Excludes US dollar-denominated loans to and debt securities issued by borrowers in the United States.

Sources: Dealogic; BIS calculations.