by Asian Development Bank (Author)
This edition sets out recent developments in East Asian local currency bond markets and discusses the regions economic outlook, the risk of another taper tantrum, and price differences between labeled and unlabeled green bonds.
Emerging East Asias local currency (LCY) bond markets expanded to an aggregate USD21.7 trillion at the end of September 2021, posting growth of 3.4 quarter-on-quarter, up from 2.9% in the previous quarter. LCY bond issuance rose 6.8% quarter-on-quarter to USD2.4 trillion in Q3 2021. Sustainable bond markets in ASEAN+3 also continued to expand to reach a size of USD388.7 billion at the end of September.
Number of Pages: 102
Dimensions: 0.28 x 11 x 8.5 IN
Publication Date: July 30, 2022