Asia Bond Monitor - November 2006

Date: November 2006
Type: Reports
Country:
Subject:
Series: Asia Bond Monitor
ISSN: 2219-1526 (print)

Description

The Asia Bond Monitor (ABM) reviews recent developments in East Asian local currency bond markets along with the outlook, risks, and policy options. The ABM covers the 10 Association of Southeast Asian Nations member countries plus the People's Republic of China; Hong Kong, China; and the Republic of Korea.

Contents

  • Bond Market Developments in the First Half of 2006
    • Size and Composition
    • Turnover
    • Bond Yields
    • Bond Index Returns
    • Institutional and Regulatory Developments
  • Bond Market Liquidity—Empirical Analysis, Market Survey and Policy Options
    • Dimensions and Measurement of Market Liquidity
    • Determinants of Bond Market Liquidity
    • Liquidity—The Market Makers’ View
    • Policy Options to Improve Bond Market Liquidity