Table R.—New International Bond Issues by U.S. Borrowers

[Millions of dollars]

	1997	1998	1999/p/	1999
				I	II	III/r/	IV/p/
Total	96,569	87,098	65,847	15,435	13,119	24,311	12,982
By issuer:
Industrial corporations	8,188	4,440	7,124	1,262	846	2,849	2,167
Banking corporations/1/	24,473	7,203	5,338	1,457	1,352	2,302	227
Nonbank financial corporations/2/	46,779	41,722	26,432	6,254	5,194	11,579	3,405
U.S. federally sponsored agencies	11,792	33,121	24,004	6,103	5,296	6,013	6,592
All other borrowers	5,337	612	2,949	359	431	1,568	591
By instrument:
Straight fixed-rate bonds	56,456	67,204	57,620	13,900	10,613	20,921	12,186
Floating-rate notes	36,397	16,757	7,764	1,327	2,362	3,390	685
Zero-coupon bonds	2,375	490	128	128	....	....	....
Bonds convertible into stock	633	1,239	111	....	....	....	111
Other debt instruments	708	1,408	224	80	144	....	....
By currency:
U.S. dollars	64,215	56,110	42,125	11,597	8,941	12,183	9,404
Foreign currencies	32,354	30,988	23,722	3,838	4,178	12,128	3,578
Japanese yen	2,969	1,645	3,200	....	21	1,702	1,477
Swiss franc	3,714	3,265	2,082	261	726	827	268
German mark	4,847	4,427	....	....	....	....	....
British pound	6,529	10,249	3,852	499	545	2,266	542
Euro	485	3,965	13,658	2,841	2,778	7,027	1,012
Canadian dollar	258	253	28	....	28	....	....
Other currencies	13,552	7,184	902	237	80	306	279

r Revised.

p Preliminary.

1. Includes banks and bank holding companies.
2. Principally credit, securities, brokerage, and insurance companies.