After the U.S.dollar, bonds denominated in euros are the largest segment of the global bond market.

Name: After the U.S.dollar, bonds denominated in euros are the largest segment of the global bond market.
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According to data from the Bank for International Settlements, as of December 2019, bonds denominated in euros accounted for 15.1% of the global bond market, second only to the U.S. dollar which accounted for 48.5%.