Revenue and Issuance Analysis
$ Millions
$ Millions
Financial Institutions: Revenue and Issuance
Revenue¹: Mix by Quarter
Issuance²: Mix by Quarter
$140
$3
$500
$3
$3
$3
$3
$120
$3
$3
$4
$6
$7
$10
$6
$7
$6
$4
$400
$100
$5
$30
$28
$33
$3
$28
$38
$29
$31
$80
$24
$6
$15
$60
$ Billions
$29
$26
$24
$20
$300
$39
$18
$27
$49
$200
$411
$4 $396
$40
$80
$77
$77
$70
$73
$80
$85
$339
$80
$327
$315
$278
$279
$63
$241
$100
$20
$170
$0
$0
3Q17 4Q17 1Q18 2Q18 3Q18 4Q18 1Q19 2Q19 3Q19
■Banking Insurance Managed Investments Other
Revenue¹: Mix by Year
3Q17 4Q17 1Q18 2Q18 3Q18 4Q18 1Q19 2Q19 3Q 19
■Global Speculative Grade Financial Corporate Bonds
■Global Investment Grade Financial Corporate Bonds
Issuance2: Mix by Year
$500
$450
$13
$13
$2,000
$400
$22
$24
$2
$9
$10
$0
$1,600
$350
$0
$0
$19
$16
$17
$102
$114
$87
$79
$16
$300
$0
$19
$137
$197
$74
$183
$17
$18
$79
$89
$92
$96
$102
$250
$73
$69
$200
$ Billions
$1,200
$136
$112
$161
$800
$150
$300 $290
$1,340 $1,266 $1,312
$1,247 $1,194 $1,187 $1,232 $1,248
$100 $192 $205
$228
$234
$242 $244
$240
$1,072
$400
$50
$0
$0
2010 2011 2012 2013
2014 2015 2016 2017 2018
■Banking Insurance Managed Investments
Other
2010 2011 2012 2013 2014 2015 2016 2017 2018
■Global Speculative Grade Financial Corporate Bonds
■Global Investment Grade Financial Corporate Bonds
2.
1. Historical data has been adjusted to conform with current information and excludes intercompany revenue.
Sources: Moody's Analytics, Dealogic. Note: Debt issuance categories do not directly correspond to Moody's revenue categorization.
MOODY'S
November 4, 2019
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