| Asia Bond Monitor - September 2019 Contributor(s): Asian Development Bank (Author) |
|
 |
ISBN: 9292617346 ISBN-13: 9789292617349 Publisher: Asian Development Bank OUR PRICE: $24.70 Product Type: Paperback - Other Formats Published: September 2019 |
| Additional Information |
| BISAC Categories: - Social Science | Regional Studies - Business & Economics | Development - Economic Development - Business & Economics | Investments & Securities - Bonds |
| Physical Information: 0.27" H x 8.5" W x 11" (0.73 lbs) 100 pages |
| Themes: - Cultural Region - Asian |
| Descriptions, Reviews, Etc. |
| Publisher Description: Local currency bond markets in emerging East Asia expanded steadily during the second quarter of 2019 despite ongoing trade conflicts, an economic slowdown in the People's Republic of China, and moderating global growth. At the end of June, there was $15.3 trillion in local currency bonds outstanding in the region, 3.5% more than at the end of March and 14.2% more than in June 2018. Bond issuance in emerging East Asia amounted to $1.6 trillion in the second quarter, 12.2% higher than in the first quarter. In addition to market reports, this issue of the Asia Bond Monitor discusses the impact of US monetary policy uncertainty on emerging market currency rates as well as the growing importance of domestic capital markets. It also looks at the progress of global efforts to transition away from the use of the London Interbank Offered Rate, the widely used benchmark rate in global financial markets. |