Debt volume refers to the number of debt instruments, assets and securities which are traded for the specified period of consideration multiplied by the face value. Volume refers to the amount of a security which is exchanged, traded or transacted over a period of time, during a business day or trading session. Volume can be daily, weekly, monthly, annual or depends upon the period it is being considered for. Debt volume means the total value achieved by multiplying the Face value of securities by the number of securities traded between its daily open and close. These volumes and changes in volumes over the course of time, during the day as well as between days are important inputs for traders, investors and institutions.