## Figure 1.8. Valuations of Corporate Bonds

## Source details

**Canonical URL:** [Figure 1.8. Valuations of Corporate Bonds](https://www.imf.org/-/media/files/publications/gfsr/2018/april/ch1/csv/figure1-8.csv)

## Other formats

- [Markdown version](/-/media/files/publications/gfsr/2018/april/ch1/csv/figure1-8.csv.md)
- [Structured JSON version](/-/media/files/publications/gfsr/2018/april/ch1/csv/figure1-8.csv.json)

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### 1. Share of Negative Yielding Global Bonds (Percent)
- Series label present.
- Data point: 1/31/2013 — 0.087

### 2. Credit Spreads per Rating Bucket, 1999-2018 (Basis points)
- Series labels present: US BBs, US Bs, US CCCs, EU BBs, EU Bs, EM BBs, EM Bs
- Reference date: Mar. 2018
- Values:
  - US BBs — 244
  - US Bs — 392
  - US CCCs — 794
  - EU BBs — 244
  - EU Bs — 477
  - EM BBs — 281
  - EM Bs — 437

### 3. Share of the Lowest Credit Bucket (Percent)
- Series labels present: Lower grade (BBB-rated) bonds in the investment-grade index; Lower grade (CCC-rated) issuance as a percent of high-yield bond and leveraged loan issuance
- Reference dates and values:
  - 3/31/1998 — 30.44; 9.24
  - 12/31/1999 — 2.97; 3.2; 2.25; 2.95

### 4. Debt Ratios (Net debit to EBITDA, percent)
- Region labels present: United States, Europe, China, EM excluding China
- Reference date and values:
  - 12/31/1999 — 5.5; 4.15; 7.03; 1.67

### 5. Interest Coverage Ratios (EBIT to interest expense)
- Region labels present: United States, Europe, China, EM excluding China
- (No explicit numeric mapping beyond the column headers in the sample rows)

### 6. Comparison among High- and Low-Leveraged US Firms
- Series labels present: Low leverage, High leverage
- Data points:
  - "Number of firms"
  - Low leverage — 5.43
  - High leverage — 75.82

*Dataset: figure1-8 (csv worksheet sample rows and column headers as provided).*

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_Source: https://www.imf.org/-/media/files/publications/gfsr/2018/april/ch1/csv/figure1-8.csv_