3Q 2021 Investor Presentation
$ Millions
Revenue²: Mix by Quarter
■Public Finance and Sovereign
■Project and Infrastructure Finance
■ Other
Public, Project and Infrastructure: Revenue and Issuance1
Issuance³: Mix by Quarter
■Long-Term Rated U.S. Muni Bonds Rated Global Project and Infrastructure Finance Bonds
$200
$250
$150
$ Millions
$100
$60
$69
$62
$76
$67
$62
$63
$69
$55
$52
$ Billions
$200
$84
$150
$52
$114
$59
$75
$84
$60
$69
$100
$64
$64
$50
$53
$58
$65
$57
$64
$71
$58
$67
$63
$61
$50
$0
550
$129
$132
$95
$95
$110
$96
$103
$103
$79
$76
$0
2Q19 3Q19 4Q19
1Q20 2Q20 3Q20
4Q20 1Q21
2Q21
3Q21
2Q19 3Q19 4Q19
1Q20 2Q20 3Q20 4Q20
1Q21 2Q21 3Q21
Revenue²: Mix by Year
■Public Finance and Sovereign
■Project and Infrastructure Finance
■Other
Issuance³: Mix by Year
■Long-Term Rated U.S. Muni Bonds Rated Global Project and Infrastructure Finance Bonds
$600
$800
$500
$700
$600
$400
$246
$500
$188
$213
$224
$300
$174
$206
$400
$321
$207
$266
$243
$220
$142
$167
$181
$200
$300
$200
$100
$181
$174
$202
$225
$218
$222
$250
$364
$408
$384
$413
$374
$313
$302
$307
$292
$177
$185
$100
$0
$0
2012
2013
2014
2015
2016
2017
2018
2019
2020
2012
2013
2014
2015
2016
2017
2018
2019
2020
1.
Total estimated market issuance unless otherwise noted.
2.
3.
Historical data has been adjusted to conform with current information and excludes intercompany revenue.
Global Rated Project & Infrastructure Finance available starting in 2016 and represents Moody's rated issuance.
Sources: Thomson SDC, Moody's Corporation.
Note: Debt issuance categories do not directly correspond to Moody's revenue categorization.
Moody's | Better decisions
3Q 2021 Investor Presentation 66View entire presentation