Global investment-grade bond market GTM –UK | 66 Market capitalisation by duration bucket Global investment-grade bond market % of total in each currency USD billions; % of total 1-3 years 3-7 years 7-10 years +10 years $216 $234 60 3% 3% 40 $436 5% 20 0 $1,773 USD EUR GBP 21% e Cumulative number of issuers m %, of total index issuers $5,668, o 100 68% c n i 75 d e x USD Fi 50 GBP 25 EUR 0 USD EUR GBP CAD Other 0 200 400 600 800 1000 Number of issuers Source: (All charts) J.P. Morgan Economic Research, J.P. Morgan Asset Management. Guide to the Markets - UK. Data as of 31 December 2016. 66

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