{
"groupDetail":{
"label":"Canadian firms are increasingly using US high-yield bonds and leveraged loans",
"description":"Amount outstanding, quarterly\n\nNotes: \n1. The data exclude firms in the financial, insurance and real estate sectors and bonds issued in currencies other than US and Canadian dollars.\n2. Given that the bond and credit rating data from Refinitiv and Moody’s do not cover the entire market, the actual increase in amount outstanding is larger than the estimates provided in the chart.\n3. Conversion from US to Canadian dollars is at the exchange rate in effect for each year.\n\nSources: Bloomberg Finance L.P., Moody's, Refinitiv DataScope Fixed Income data and Bank of Canada calculations\n\nLast observation: 2018Q4",
"link":"https://www.bankofcanada.ca/?p=205094"
},
"terms":{
"url": "https://www.bankofcanada.ca/terms/"
},
"seriesDetail":{
"FSR_2019_C15_S00":{"label":"High-yield bonds (left scale)","description":"Can$ billions"},
"FSR_2019_C15_S01":{"label":"Leveraged term loans (excluding covenant-lite) (left scale)","description":"Can$ billions"},
"FSR_2019_C15_S02":{"label":"Leveraged covenant-lite loans (left scale)","description":"Can$ billions"},
"FSR_2019_C15_S03":{"label":"High-yield bonds and leveraged loans share of non-financial corporate sector debt (right scale)","description":"%"}
},
"observations":[
{"d":"2009-03-31","FSR_2019_C15_S00":{"v":40.01}, "FSR_2019_C15_S03":{"v":5.47}, "FSR_2019_C15_S02":{"v":0.72}, "FSR_2019_C15_S01":{"v":32.68}},
{"d":"2009-06-30","FSR_2019_C15_S02":{"v":0.67}, "FSR_2019_C15_S01":{"v":30.11}, "FSR_2019_C15_S03":{"v":5.92}, "FSR_2019_C15_S00":{"v":48.28}},
{"d":"2009-09-30","FSR_2019_C15_S00":{"v":43.78}, "FSR_2019_C15_S01":{"v":27.24}, "FSR_2019_C15_S03":{"v":5.33}, "FSR_2019_C15_S02":{"v":0.61}},
{"d":"2009-12-31","FSR_2019_C15_S00":{"v":40.44}, "FSR_2019_C15_S01":{"v":25.06}, "FSR_2019_C15_S03":{"v":4.96}, "FSR_2019_C15_S02":{"v":0.60}},
{"d":"2010-03-31","FSR_2019_C15_S03":{"v":5.02}, "FSR_2019_C15_S01":{"v":24.15}, "FSR_2019_C15_S00":{"v":41.71}, "FSR_2019_C15_S02":{"v":0.58}},
{"d":"2010-06-30","FSR_2019_C15_S02":{"v":0.61}, "FSR_2019_C15_S01":{"v":25.22}, "FSR_2019_C15_S00":{"v":34.44}, "FSR_2019_C15_S03":{"v":4.51}},
{"d":"2010-09-30","FSR_2019_C15_S01":{"v":24.88}, "FSR_2019_C15_S00":{"v":36.08}, "FSR_2019_C15_S03":{"v":4.61}, "FSR_2019_C15_S02":{"v":0.59}},
{"d":"2010-12-31","FSR_2019_C15_S03":{"v":4.36}, "FSR_2019_C15_S02":{"v":0.57}, "FSR_2019_C15_S01":{"v":25.65}, "FSR_2019_C15_S00":{"v":32.40}},
{"d":"2011-03-31","FSR_2019_C15_S03":{"v":4.31}, "FSR_2019_C15_S00":{"v":32.62}, "FSR_2019_C15_S01":{"v":26.12}, "FSR_2019_C15_S02":{"v":0.56}},
{"d":"2011-06-30","FSR_2019_C15_S03":{"v":4.30}, "FSR_2019_C15_S01":{"v":25.97}, "FSR_2019_C15_S02":{"v":0.55}, "FSR_2019_C15_S00":{"v":33.52}},
{"d":"2011-09-30","FSR_2019_C15_S03":{"v":4.29}, "FSR_2019_C15_S01":{"v":26.70}, "FSR_2019_C15_S02":{"v":0.59}, "FSR_2019_C15_S00":{"v":34.30}},
{"d":"2011-12-31","FSR_2019_C15_S01":{"v":28.36}, "FSR_2019_C15_S00":{"v":35.30}, "FSR_2019_C15_S02":{"v":0.58}, "FSR_2019_C15_S03":{"v":4.49}},
{"d":"2012-03-30","FSR_2019_C15_S00":{"v":36.17}, "FSR_2019_C15_S03":{"v":4.37}, "FSR_2019_C15_S02":{"v":0.57}, "FSR_2019_C15_S01":{"v":27.80}},
{"d":"2012-06-29","FSR_2019_C15_S02":{"v":0.58}, "FSR_2019_C15_S01":{"v":29.03}, "FSR_2019_C15_S03":{"v":4.58}, "FSR_2019_C15_S00":{"v":39.31}},
{"d":"2012-09-29","FSR_2019_C15_S02":{"v":0.56}, "FSR_2019_C15_S00":{"v":40.33}, "FSR_2019_C15_S01":{"v":28.02}, "FSR_2019_C15_S03":{"v":4.48}},
{"d":"2012-12-30","FSR_2019_C15_S03":{"v":4.75}, "FSR_2019_C15_S01":{"v":31.09}, "FSR_2019_C15_S02":{"v":0.72}, "FSR_2019_C15_S00":{"v":43.00}},
{"d":"2013-03-30","FSR_2019_C15_S02":{"v":2.89}, "FSR_2019_C15_S01":{"v":39.95}, "FSR_2019_C15_S03":{"v":5.54}, "FSR_2019_C15_S00":{"v":47.20}},
{"d":"2013-06-29","FSR_2019_C15_S02":{"v":6.81}, "FSR_2019_C15_S03":{"v":5.76}, "FSR_2019_C15_S01":{"v":39.98}, "FSR_2019_C15_S00":{"v":48.60}},
{"d":"2013-09-29","FSR_2019_C15_S03":{"v":6.31}, "FSR_2019_C15_S01":{"v":46.01}, "FSR_2019_C15_S02":{"v":7.15}, "FSR_2019_C15_S00":{"v":53.70}},
{"d":"2013-12-30","FSR_2019_C15_S00":{"v":55.50}, "FSR_2019_C15_S02":{"v":11.20}, "FSR_2019_C15_S01":{"v":48.21}, "FSR_2019_C15_S03":{"v":6.64}},
{"d":"2014-03-30","FSR_2019_C15_S03":{"v":7.21}, "FSR_2019_C15_S02":{"v":12.00}, "FSR_2019_C15_S01":{"v":54.47}, "FSR_2019_C15_S00":{"v":60.50}},
{"d":"2014-06-29","FSR_2019_C15_S02":{"v":13.96}, "FSR_2019_C15_S01":{"v":52.88}, "FSR_2019_C15_S00":{"v":64.40}, "FSR_2019_C15_S03":{"v":7.41}},
{"d":"2014-09-29","FSR_2019_C15_S00":{"v":65.00}, "FSR_2019_C15_S02":{"v":14.65}, "FSR_2019_C15_S01":{"v":53.84}, "FSR_2019_C15_S03":{"v":7.34}},
{"d":"2014-12-30","FSR_2019_C15_S03":{"v":7.86}, "FSR_2019_C15_S02":{"v":15.31}, "FSR_2019_C15_S00":{"v":70.30}, "FSR_2019_C15_S01":{"v":59.28}},
{"d":"2015-03-30","FSR_2019_C15_S02":{"v":17.50}, "FSR_2019_C15_S03":{"v":8.70}, "FSR_2019_C15_S01":{"v":63.73}, "FSR_2019_C15_S00":{"v":88.60}},
{"d":"2015-06-29","FSR_2019_C15_S01":{"v":76.43}, "FSR_2019_C15_S03":{"v":10.09}, "FSR_2019_C15_S00":{"v":99.00}, "FSR_2019_C15_S02":{"v":21.77}},
{"d":"2015-09-29","FSR_2019_C15_S03":{"v":10.41}, "FSR_2019_C15_S00":{"v":100.60}, "FSR_2019_C15_S02":{"v":24.93}, "FSR_2019_C15_S01":{"v":81.90}},
{"d":"2015-12-30","FSR_2019_C15_S02":{"v":27.28}, "FSR_2019_C15_S03":{"v":10.81}, "FSR_2019_C15_S00":{"v":108.90}, "FSR_2019_C15_S01":{"v":84.66}},
{"d":"2016-03-29","FSR_2019_C15_S00":{"v":120.20}, "FSR_2019_C15_S03":{"v":11.06}, "FSR_2019_C15_S01":{"v":79.59}, "FSR_2019_C15_S02":{"v":25.57}},
{"d":"2016-06-28","FSR_2019_C15_S03":{"v":10.53}, "FSR_2019_C15_S02":{"v":25.64}, "FSR_2019_C15_S00":{"v":118.00}, "FSR_2019_C15_S01":{"v":73.54}},
{"d":"2016-09-28","FSR_2019_C15_S03":{"v":10.44}, "FSR_2019_C15_S01":{"v":76.66}, "FSR_2019_C15_S02":{"v":26.96}, "FSR_2019_C15_S00":{"v":117.00}},
{"d":"2016-12-29","FSR_2019_C15_S01":{"v":81.52}, "FSR_2019_C15_S03":{"v":10.60}, "FSR_2019_C15_S02":{"v":34.54}, "FSR_2019_C15_S00":{"v":108.60}},
{"d":"2017-03-29","FSR_2019_C15_S00":{"v":120.10}, "FSR_2019_C15_S02":{"v":38.95}, "FSR_2019_C15_S01":{"v":97.58}, "FSR_2019_C15_S03":{"v":11.79}},
{"d":"2017-06-28","FSR_2019_C15_S00":{"v":119.00}, "FSR_2019_C15_S01":{"v":98.30}, "FSR_2019_C15_S02":{"v":41.49}, "FSR_2019_C15_S03":{"v":11.68}},
{"d":"2017-09-28","FSR_2019_C15_S03":{"v":11.53}, "FSR_2019_C15_S01":{"v":95.28}, "FSR_2019_C15_S00":{"v":118.30}, "FSR_2019_C15_S02":{"v":41.78}},
{"d":"2017-12-29","FSR_2019_C15_S00":{"v":117.80}, "FSR_2019_C15_S01":{"v":105.62}, "FSR_2019_C15_S02":{"v":43.63}, "FSR_2019_C15_S03":{"v":11.74}},
{"d":"2018-03-29","FSR_2019_C15_S01":{"v":110.62}, "FSR_2019_C15_S02":{"v":48.54}, "FSR_2019_C15_S03":{"v":12.14}, "FSR_2019_C15_S00":{"v":121.30}},
{"d":"2018-06-28","FSR_2019_C15_S00":{"v":124.20}, "FSR_2019_C15_S01":{"v":112.01}, "FSR_2019_C15_S02":{"v":51.73}, "FSR_2019_C15_S03":{"v":12.28}},
{"d":"2018-09-28","FSR_2019_C15_S03":{"v":12.23}, "FSR_2019_C15_S01":{"v":111.36}, "FSR_2019_C15_S02":{"v":52.30}, "FSR_2019_C15_S00":{"v":124.50}},
{"d":"2018-12-29","FSR_2019_C15_S01":{"v":115.61}, "FSR_2019_C15_S02":{"v":59.16}, "FSR_2019_C15_S00":{"v":119.00}, "FSR_2019_C15_S03":{"v":12.16}}
]
}