<?xml version="1.0" encoding="UTF-8"?>
<data>
<terms url="https://www.bankofcanada.ca/terms/"></terms>
<groupDetail>
    <label>Firms issuing high-yield bonds also use equity, bank loans and lines of credit</label>
    <description><![CDATA[Financing sources for firms issuing high-yield debt as a share of longer-term funding

FactSet, Refinitiv and Bank of Canada calculations]]></description>
    <link>https://www.bankofcanada.ca/?p=226998</link>
</groupDetail>
<seriesDetail>
<series id="FSR_2022_C3A_S1">
<label>High-yield bonds</label>
<description></description>
<dimension key="d" name="Date"/>
</series>
<series id="FSR_2022_C3A_S2">
<label>Bank loans</label>
<description></description>
<dimension key="d" name="Date"/>
</series>
<series id="FSR_2022_C3A_S3">
<label>Credit lines</label>
<description></description>
<dimension key="d" name="Date"/>
</series>
<series id="FSR_2022_C3A_S4">
<label>Equity</label>
<description></description>
<dimension key="d" name="Date"/>
</series>
</seriesDetail>
<observations>
<o d="2012-01-01"><v s="FSR_2022_C3A_S1">32.78</v><v s="FSR_2022_C3A_S2">10.52</v><v s="FSR_2022_C3A_S3">2.97</v><v s="FSR_2022_C3A_S4">53.73</v></o>
<o d="2012-04-01"><v s="FSR_2022_C3A_S1">33.49</v><v s="FSR_2022_C3A_S2">11.10</v><v s="FSR_2022_C3A_S3">2.36</v><v s="FSR_2022_C3A_S4">53.05</v></o>
<o d="2012-07-01"><v s="FSR_2022_C3A_S1">34.75</v><v s="FSR_2022_C3A_S2">10.38</v><v s="FSR_2022_C3A_S3">2.35</v><v s="FSR_2022_C3A_S4">52.52</v></o>
<o d="2012-10-01"><v s="FSR_2022_C3A_S1">36.84</v><v s="FSR_2022_C3A_S2">10.51</v><v s="FSR_2022_C3A_S3">2.66</v><v s="FSR_2022_C3A_S4">49.99</v></o>
<o d="2013-01-01"><v s="FSR_2022_C3A_S1">38.32</v><v s="FSR_2022_C3A_S2">9.47</v><v s="FSR_2022_C3A_S3">2.61</v><v s="FSR_2022_C3A_S4">49.60</v></o>
<o d="2013-04-01"><v s="FSR_2022_C3A_S1">38.33</v><v s="FSR_2022_C3A_S2">7.88</v><v s="FSR_2022_C3A_S3">3.16</v><v s="FSR_2022_C3A_S4">50.63</v></o>
<o d="2013-07-01"><v s="FSR_2022_C3A_S1">39.28</v><v s="FSR_2022_C3A_S2">10.66</v><v s="FSR_2022_C3A_S3">3.16</v><v s="FSR_2022_C3A_S4">46.90</v></o>
<o d="2013-10-01"><v s="FSR_2022_C3A_S1">38.70</v><v s="FSR_2022_C3A_S2">10.47</v><v s="FSR_2022_C3A_S3">4.37</v><v s="FSR_2022_C3A_S4">46.46</v></o>
<o d="2014-01-01"><v s="FSR_2022_C3A_S1">37.46</v><v s="FSR_2022_C3A_S2">11.55</v><v s="FSR_2022_C3A_S3">4.25</v><v s="FSR_2022_C3A_S4">46.74</v></o>
<o d="2014-04-01"><v s="FSR_2022_C3A_S1">39.65</v><v s="FSR_2022_C3A_S2">11.78</v><v s="FSR_2022_C3A_S3">3.04</v><v s="FSR_2022_C3A_S4">45.52</v></o>
<o d="2014-07-01"><v s="FSR_2022_C3A_S1">38.71</v><v s="FSR_2022_C3A_S2">12.44</v><v s="FSR_2022_C3A_S3">3.59</v><v s="FSR_2022_C3A_S4">45.26</v></o>
<o d="2014-10-01"><v s="FSR_2022_C3A_S1">38.02</v><v s="FSR_2022_C3A_S2">10.75</v><v s="FSR_2022_C3A_S3">3.67</v><v s="FSR_2022_C3A_S4">47.56</v></o>
<o d="2015-01-01"><v s="FSR_2022_C3A_S1">43.14</v><v s="FSR_2022_C3A_S2">8.47</v><v s="FSR_2022_C3A_S3">3.32</v><v s="FSR_2022_C3A_S4">45.06</v></o>
<o d="2015-04-01"><v s="FSR_2022_C3A_S1">40.92</v><v s="FSR_2022_C3A_S2">11.11</v><v s="FSR_2022_C3A_S3">2.90</v><v s="FSR_2022_C3A_S4">45.07</v></o>
<o d="2015-07-01"><v s="FSR_2022_C3A_S1">43.09</v><v s="FSR_2022_C3A_S2">11.51</v><v s="FSR_2022_C3A_S3">3.21</v><v s="FSR_2022_C3A_S4">42.19</v></o>
<o d="2015-10-01"><v s="FSR_2022_C3A_S1">43.89</v><v s="FSR_2022_C3A_S2">11.97</v><v s="FSR_2022_C3A_S3">2.98</v><v s="FSR_2022_C3A_S4">41.16</v></o>
<o d="2016-01-01"><v s="FSR_2022_C3A_S1">44.55</v><v s="FSR_2022_C3A_S2">11.89</v><v s="FSR_2022_C3A_S3">4.02</v><v s="FSR_2022_C3A_S4">39.54</v></o>
<o d="2016-04-01"><v s="FSR_2022_C3A_S1">46.93</v><v s="FSR_2022_C3A_S2">11.97</v><v s="FSR_2022_C3A_S3">3.83</v><v s="FSR_2022_C3A_S4">37.27</v></o>
<o d="2016-07-01"><v s="FSR_2022_C3A_S1">46.35</v><v s="FSR_2022_C3A_S2">11.54</v><v s="FSR_2022_C3A_S3">3.91</v><v s="FSR_2022_C3A_S4">38.20</v></o>
<o d="2016-10-01"><v s="FSR_2022_C3A_S1">46.25</v><v s="FSR_2022_C3A_S2">12.51</v><v s="FSR_2022_C3A_S3">3.44</v><v s="FSR_2022_C3A_S4">37.80</v></o>
<o d="2017-01-01"><v s="FSR_2022_C3A_S1">48.50</v><v s="FSR_2022_C3A_S2">9.41</v><v s="FSR_2022_C3A_S3">3.20</v><v s="FSR_2022_C3A_S4">38.88</v></o>
<o d="2017-04-01"><v s="FSR_2022_C3A_S1">48.01</v><v s="FSR_2022_C3A_S2">9.38</v><v s="FSR_2022_C3A_S3">3.42</v><v s="FSR_2022_C3A_S4">39.20</v></o>
<o d="2017-07-01"><v s="FSR_2022_C3A_S1">46.25</v><v s="FSR_2022_C3A_S2">9.73</v><v s="FSR_2022_C3A_S3">3.64</v><v s="FSR_2022_C3A_S4">40.38</v></o>
<o d="2017-10-01"><v s="FSR_2022_C3A_S1">46.60</v><v s="FSR_2022_C3A_S2">8.05</v><v s="FSR_2022_C3A_S3">3.67</v><v s="FSR_2022_C3A_S4">41.68</v></o>
<o d="2018-01-01"><v s="FSR_2022_C3A_S1">48.94</v><v s="FSR_2022_C3A_S2">6.62</v><v s="FSR_2022_C3A_S3">2.85</v><v s="FSR_2022_C3A_S4">41.59</v></o>
<o d="2018-04-01"><v s="FSR_2022_C3A_S1">48.26</v><v s="FSR_2022_C3A_S2">7.62</v><v s="FSR_2022_C3A_S3">2.90</v><v s="FSR_2022_C3A_S4">41.22</v></o>
<o d="2018-07-01"><v s="FSR_2022_C3A_S1">47.72</v><v s="FSR_2022_C3A_S2">7.45</v><v s="FSR_2022_C3A_S3">3.59</v><v s="FSR_2022_C3A_S4">41.25</v></o>
<o d="2018-10-01"><v s="FSR_2022_C3A_S1">47.89</v><v s="FSR_2022_C3A_S2">7.97</v><v s="FSR_2022_C3A_S3">3.65</v><v s="FSR_2022_C3A_S4">40.49</v></o>
<o d="2019-01-01"><v s="FSR_2022_C3A_S1">47.68</v><v s="FSR_2022_C3A_S2">9.17</v><v s="FSR_2022_C3A_S3">3.75</v><v s="FSR_2022_C3A_S4">39.40</v></o>
<o d="2019-04-01"><v s="FSR_2022_C3A_S1">48.63</v><v s="FSR_2022_C3A_S2">8.86</v><v s="FSR_2022_C3A_S3">3.90</v><v s="FSR_2022_C3A_S4">38.61</v></o>
<o d="2019-07-01"><v s="FSR_2022_C3A_S1">48.70</v><v s="FSR_2022_C3A_S2">8.04</v><v s="FSR_2022_C3A_S3">3.78</v><v s="FSR_2022_C3A_S4">39.48</v></o>
<o d="2019-10-01"><v s="FSR_2022_C3A_S1">50.44</v><v s="FSR_2022_C3A_S2">7.78</v><v s="FSR_2022_C3A_S3">3.57</v><v s="FSR_2022_C3A_S4">38.21</v></o>
<o d="2020-01-01"><v s="FSR_2022_C3A_S1">49.65</v><v s="FSR_2022_C3A_S2">7.78</v><v s="FSR_2022_C3A_S3">5.07</v><v s="FSR_2022_C3A_S4">37.49</v></o>
<o d="2020-04-01"><v s="FSR_2022_C3A_S1">52.88</v><v s="FSR_2022_C3A_S2">8.23</v><v s="FSR_2022_C3A_S3">4.63</v><v s="FSR_2022_C3A_S4">34.25</v></o>
<o d="2020-07-01"><v s="FSR_2022_C3A_S1">53.43</v><v s="FSR_2022_C3A_S2">7.73</v><v s="FSR_2022_C3A_S3">4.57</v><v s="FSR_2022_C3A_S4">34.27</v></o>
<o d="2020-10-01"><v s="FSR_2022_C3A_S1">54.42</v><v s="FSR_2022_C3A_S2">7.69</v><v s="FSR_2022_C3A_S3">3.69</v><v s="FSR_2022_C3A_S4">34.20</v></o>
<o d="2021-01-01"><v s="FSR_2022_C3A_S1">52.78</v><v s="FSR_2022_C3A_S2">6.98</v><v s="FSR_2022_C3A_S3">4.02</v><v s="FSR_2022_C3A_S4">36.23</v></o>
<o d="2021-04-01"><v s="FSR_2022_C3A_S1">53.10</v><v s="FSR_2022_C3A_S2">6.70</v><v s="FSR_2022_C3A_S3">3.84</v><v s="FSR_2022_C3A_S4">36.36</v></o>
<o d="2021-07-01"><v s="FSR_2022_C3A_S1">52.11</v><v s="FSR_2022_C3A_S2">7.37</v><v s="FSR_2022_C3A_S3">3.87</v><v s="FSR_2022_C3A_S4">36.64</v></o>
<o d="2021-10-01"><v s="FSR_2022_C3A_S1">51.63</v><v s="FSR_2022_C3A_S2">8.16</v><v s="FSR_2022_C3A_S3">3.38</v><v s="FSR_2022_C3A_S4">36.83</v></o>
</observations>
</data>