International bond markets and bond issuance performance of Turkey

In thıs work, focusing on the differences between domestic and international bond markets and machanism of international bond markets that are a part of international financal system, the size of iternational bond issues have been analised, especially its performance at crisis periods has been tried to exhibit.Within this study, besides foreing bonds issued in currency of that country at a foreing market, and, eurobonds that is selling in lots of countries at same time, that is transacted with dependency on a high liquidity currency also global bonds issued in high amounts and transacted at one more than markets are taken place. The historical development of this different bonds markets, issuance procedures, the size of markets and Turkey?s capasity for use the financial instruments are evaluated.In conclusion, after highly rapid development period, international bond markets are determined as one of the main resource met financial needs, in terms of both developed countries and lots of developing countries which Turkey is also taking place in.