The TA aims to promote the development of infrastructure bonds denominated in local currency, facilitate more issuances of such bonds and encourage the investment in and trading of cross border infrastructure bonds. The TA will also help provide mechanisms to serve the region s needs, particularly financing infrastructure projects by local currency denominated bonds. Efficient local currency bond markets will help channel the region s substantial savings to fund long term development needs and could partially fill the huge demand for infrastructure financing. The expected outcome is to increase the volume of bond issuance and investment for infrastructure projects in the region. The study will offer governments policy recommendations that will facilitate the development of bond markets and will increase funding sources for infrastructure projects.
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.