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Global Financial Conditions: An Outlook - Jones Lang LaSalle

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…but Firms Scale-back Ambitions<br />

Bond issuance, US$bn<br />

1000<br />

900<br />

800<br />

Rest of world Emerging markets<br />

700<br />

600<br />

500<br />

400<br />

300<br />

200<br />

100<br />

0<br />

Q195 Q196 Q197 Q198 Q199 Q100 Q101 Q102 Q103 Q104 Q105 Q106 Q107 Q108<br />

Source: Moodys<br />

5

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