Moody’s Investors Service is adding research on the “Maple Bond” market to its Canadian research service.

Moody’s said that its Canadian Credit Research Service will start to include, at no additional cost, in-depth credit research and opinions on all rated Maple Bond issuers, “In response to significant client interest in the growing Maple Bond market.” Moody’s reports that it has initially added more than 70 foreign issuers to its Canadian research service and will automatically add new issuers as they enter the Canadian market.

“Total Maple Bond issuance now exceeds $25 billion, and continues to grow,” said Andrew Kriegler, managing director of Moody’s Canada. “This new feature of the Canadian Credit Research Service will offer an extensive amount of global ratings coverage and enhanced value to Moody’s clients, reflecting our continuing commitment to the growing needs of Canadian market participants.”

The rating agency says that the Maple Bond market has emerged as a result of the elimination of foreign property holding restrictions for Canadian registered investments, making way for the entrance of a multitude of non-domestic issuers.