39027-012: ASEAN+3 Regional Multicurrency Bond

Project Data Sheet (PDS): Overview


Description

In the absence of a well-developed, efficient source of long-term local currency funding, the currency and maturity mismatch between funding and revenues that exacerbated the Asian Financial Crisis remains a major financial vulnerability in the region. The ASEAN+3 Asian Bond Markets Initiative (ABMI) has established six voluntary working groups to take concrete steps to develop the bond markets. The development of markets would aim to better utilize the savings of Asia for direct investment in t... Read More

Country Regional
Project Number 39027-012
Project Type or Modality of Assistance Technical Assistance
Financing Public sector (Sovereign)
Status Closed
Approval Number TA No. 6244
Approval Date 03 Jun 2005
ADB Financing ($ thousand) 400
Sector / Subsector Classification Finance
/ Investment Funds
Thematic Classification Economic growth
Private sector development
Regional cooperation and integration

 

 

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Project Data Sheets (PDS)

Responsible ADB Officer
Avonechith Siackhachanh
Email contact

Responsible ADB Department
Office of Regional Economic Integration

Responsible ADB Divisions
Office of Regional Economic Integration

Executing Agencies
Asian Development Bank

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