Current Conditions in Global Credit Markets - NYU Stern School of ...
Current Conditions in Global Credit Markets - NYU Stern School of ...
Current Conditions in Global Credit Markets - NYU Stern School of ...
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SIZE OF THE ALTMAN-<strong>NYU</strong> SALOMON CENTER<br />
DEFAULTED BANK LOAN INDEX<br />
(1995 - 2006)<br />
Year Number <strong>of</strong> Number <strong>of</strong> Face Value Market Value Market/<br />
End Issues Firms ($ Billions) ($ Billions) Face Ratio<br />
1995 17 14 2.9 2.0 0.69<br />
1996 23 22 4.2 3.3 0.79<br />
1997 18 15 3.4 2.4 0.71<br />
1998 15 13 3.0 1.9 0.63<br />
1999 45 23 12.9 6.8 0.53<br />
2000 100 39 26.9 13.6 0.51<br />
2001 141 56 44.7 23.8 0.53<br />
2002 64 51 37.7 17.4 0.46<br />
2003 76 43 39.0 23.9 0.61<br />
2004 45 26 22.9 18.2 0.80<br />
2005 41 21 18.7 16.2 0.86<br />
2006 27 23 11.2 10.0 0.89<br />
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