Regional: Asian Bonds Online Website Project, Phase II

Sovereign Project | 39316-012

Summary

The TA will finance the activities of (i) administering the ABO web site daily for updating markets information (ii) improving the contents and enhancing the database on Asian bond markets including securitization and (iii) preparing the Asia Bond Monitor report. The availability of information through the website has helped to increase the transparency, liquidity, and depth of bond markets in Asia, lower funding cost for Asian bond issuers, and increase cross border capital flows. The ASTFG of the Asian Bond Market Initiative (ABMI) has recommended that ADB continue to maintain and develop the ABO.

Latest Project Documents


Project Data Sheets (PDS) contain summary information on the project or program. Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.

The Public Communications Policy (PCP) recognizes that transparency and accountability are essential to development effectiveness. It establishes the disclosure requirements for documents and information ADB produces or requires to be produced.

The Accountability Mechanism provides a forum where people adversely affected by ADB-assisted projects can voice and seek solutions to their problems and report alleged noncompliance of ADB's operational policies and procedures.

In preparing any country program or strategy, financing any project, or by making any designation of, or reference to, a particular territory or geographic area in this document, the Asian Development Bank does not intend to make any judgments as to the legal or other status of any territory or area.

Project Name Asian Bonds Online Website Project, Phase II
Project Number 39316-012
Country Regional
Project Status Closed
Project Type / Modality of Assistance Technical Assistance
Source of Funding / Amount
TA 6464-REG: Asian Bonds Online Website Project, Phase II
Japan Special Fund US$ 900,000.00
TA 6464-REG: Asian Bonds Online Website Project, Phase II (Supplementary)
Technical Assistance Special Fund US$ 500,000.00
Strategic Agendas Inclusive economic growth
Regional integration
Drivers of Change Governance and capacity development
Sector / Subsector Finance - Money and capital markets
Gender Equity and Mainstreaming No gender elements
Description The TA will finance the activities of (i) administering the ABO web site daily for updating markets information (ii) improving the contents and enhancing the database on Asian bond markets including securitization and (iii) preparing the Asia Bond Monitor report. The availability of information through the website has helped to increase the transparency, liquidity, and depth of bond markets in Asia, lower funding cost for Asian bond issuers, and increase cross border capital flows. The ASTFG of the Asian Bond Market Initiative (ABMI) has recommended that ADB continue to maintain and develop the ABO.
Project Rationale and Linkage to Country/Regional Strategy
Impact Promoting monetary financial cooperation and integration by developing robust local currency bond markets in the region
Project Outcome
Description of Outcome Improve information flows of bond markets, which will help increase the transparency, liquidity, efficiency, credibility, and depth of bond markets
Progress Toward Outcome
Implementation Progress
Description of Project Outputs

(please delete this row)

1. Managing and maintaining the ABO website; 2. Enhancing the ABO website regional bond market content on the following issues: (i) securitization markets data and research tool, (ii) repurchase agreement (repo) markets, (iii) risk management instruments, and (iv) performance indicators for bond market development; 3. Expanding the coverage of the CRM; 4. Publishing the ABM

Status of Implementation Progress (Outputs, Activities, and Issues)
Geographical Location
Summary of Environmental and Social Aspects
Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation
During Project Design
During Project Implementation
Business Opportunities
Consulting Services International (individual) consultants: (i) 1 bond market specialist (team leader) for 12 person months (ii) bond market economist for 3 person months (iii) securitization deal specialist for 3 person months and (iv) economics editor for 3 person months. National (individual) consultants: (i) financial markets analysts for 90 person months (ii) web developers for 30 person months (iii) web graphic designers for 12 person months and securitization credit analyst for 6 person months.
Responsible ADB Officer Thiam Hee Ng
Responsible ADB Department Office of Regional Economic Integration
Responsible ADB Division Office of Regional Economic Integration
Executing Agencies
Asian Development Bank6 ADB Avenue, Mandaluyong
Metro Manila, Philippines
P.O. Box 789, 1099 Manila,
Philippines
Timetable
Concept Clearance 28 Apr 2006
Fact Finding 10 Mar 2008 to 24 Mar 2008
MRM -
Approval 24 Jun 2008
Last Review Mission -
PDS Creation Date 16 Jul 2010
Last PDS Update 29 Jul 2009

TA 6464-REG

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
24 Jun 2008 - 24 Jun 2008 31 May 2009 31 Dec 2011 -
Financing Plan/TA Utilization Cumulative Disbursements
ADB Cofinancing Counterpart Total Date Amount
Gov Beneficiaries Project Sponsor Others
1,400,000.00 0.00 0.00 0.00 0.00 0.00 1,400,000.00 24 Jun 2008 1,359,029.72
Title Document Type Document Date
Asian Bonds Online Website Project, Phase II TA Completion Reports Jan 2014
Asian Bonds Online Website Project Technical Assistance Reports Jun 2008

Safeguard Documents

See also: Safeguards

No documents found.

Evaluation Documents

See also: Independent Evaluation

No documents found.


The Public Communications Policy (PCP) establishes the disclosure requirements for documents and information ADB produces or requires to be produced in its operations to facilitate stakeholder participation in ADB's decision-making. For more information, refer to the Safeguard Policy Statement, Operations Manual F1, and Operations Manual L3.

Requests for information may also be directed to the InfoUnit.