diff --git a/compile.c b/compile.c
index 1109e4faa7..9e5c05397d 100644
--- a/compile.c
+++ b/compile.c
@@ -9891,6 +9891,7 @@ rb_ibf_load_iseq_complete(rb_iseq_t *iseq)
     ibf_load_iseq_each(load, iseq, offset);
     ISEQ_COMPILE_DATA_CLEAR(iseq);
     FL_UNSET(iseq, ISEQ_NOT_LOADED_YET);
+    rb_iseq_init_trace(iseq);
     load->iseq = prev_src_iseq;
 }
 
@@ -10039,8 +10040,6 @@ rb_iseq_ibf_load(VALUE str)
     ibf_load_setup(load, loader_obj, str);
     iseq = ibf_load_iseq(load, 0);
 
-    rb_iseq_init_trace(iseq);
-
     RB_GC_GUARD(loader_obj);
     return iseq;
 }
diff --git a/test/ruby/test_iseq.rb b/test/ruby/test_iseq.rb
index d193f41c6e..078c11472d 100644
--- a/test/ruby/test_iseq.rb
+++ b/test/ruby/test_iseq.rb
@@ -286,8 +286,12 @@ class TestISeq < Test::Unit::TestCase
     end
   end
 
+  def strip_lineno(source)
+    source.gsub(/^.*?: /, "")
+  end
+
   def sample_iseq
-    ISeq.compile <<-EOS.gsub(/^.*?: /, "")
+    ISeq.compile(strip_lineno(<<-EOS))
      1: class C
      2:   def foo
      3:     begin
@@ -439,17 +443,74 @@ class TestISeq < Test::Unit::TestCase
     end;
   end
 
-  def test_to_binary_tracepoint
-    filename = "#{File.basename(__FILE__)}_#{__LINE__}"
-    iseq = RubyVM::InstructionSequence.compile("x = 1\n y = 2", filename)
+  def collect_from_binary_tracepoint_lines(tracepoint_type, filename)
+    iseq = RubyVM::InstructionSequence.compile(strip_lineno(<<-RUBY), filename)
+      class A
+        class B
+          2.times {
+            def self.foo
+              a = 'good day'
+              raise
+            rescue
+              'dear reader'
+            end
+          }
+        end
+        B.foo
+      end
+    RUBY
+
     iseq_bin = iseq.to_binary
-    ary = []
-    TracePoint.new(:line){|tp|
+    lines = []
+    TracePoint.new(tracepoint_type){|tp|
       next unless tp.path == filename
-      ary << [tp.path, tp.lineno]
+      lines << tp.lineno
     }.enable{
       ISeq.load_from_binary(iseq_bin).eval
     }
-    assert_equal [[filename, 1], [filename, 2]], ary, '[Bug #14702]'
+
+    lines
+  end
+
+  def test_to_binary_line_tracepoint
+    filename = "#{File.basename(__FILE__)}_#{__LINE__}"
+    lines = collect_from_binary_tracepoint_lines(:line, filename)
+
+    assert_equal [1, 2, 3, 4, 4, 12, 5, 6, 8], lines, '[Bug #14702]'
+  end
+
+  def test_to_binary_class_tracepoint
+    filename = "#{File.basename(__FILE__)}_#{__LINE__}"
+    lines = collect_from_binary_tracepoint_lines(:class, filename)
+
+    assert_equal [1, 2], lines, '[Bug #14702]'
+  end
+
+  def test_to_binary_end_tracepoint
+    filename = "#{File.basename(__FILE__)}_#{__LINE__}"
+    lines = collect_from_binary_tracepoint_lines(:end, filename)
+
+    assert_equal [11, 13], lines, '[Bug #14702]'
+  end
+
+  def test_to_binary_return_tracepoint
+    filename = "#{File.basename(__FILE__)}_#{__LINE__}"
+    lines = collect_from_binary_tracepoint_lines(:return, filename)
+
+    assert_equal [9], lines, '[Bug #14702]'
+  end
+
+  def test_to_binary_b_call_tracepoint
+    filename = "#{File.basename(__FILE__)}_#{__LINE__}"
+    lines = collect_from_binary_tracepoint_lines(:b_call, filename)
+
+    assert_equal [3, 3], lines, '[Bug #14702]'
+  end
+
+  def test_to_binary_b_return_tracepoint
+    filename = "#{File.basename(__FILE__)}_#{__LINE__}"
+    lines = collect_from_binary_tracepoint_lines(:b_return, filename)
+
+    assert_equal [10, 10], lines, '[Bug #14702]'
   end
 end