fbpx 42339-012: Improving Liquidity of Bond Markets in ASEAN+3 | Asian Development Bank

Regional: Improving Liquidity of Bond Markets in ASEAN+3

Sovereign (Public) Project | 42339-012 Status: Closed

Project Details

Project Officer
Siackhachanh, Avonechith Economic Research and Regional Cooperation Department Request for information
  • Regional
  • Technical Assistance
Project Name Improving Liquidity of Bond Markets in ASEAN+3
Project Number 42339-012
Country Regional
Project Status Closed
Project Type / Modality of Assistance Technical Assistance
Source of Funding / Amount
TA 7536-REG: Improving Liquidity of Bond Markets in ASEAN+3
Investment Climate Facilitation Fund under the Regional Cooperation and Integration Financing Partnership Facility US$ 1.25 million
Strategic Agendas Inclusive economic growth
Regional integration
Drivers of Change Partnerships
Private sector development
Sector / Subsector

Finance / Banking systems and nonbank financial institutions - Money and capital markets

Gender Equity and Mainstreaming
Project Rationale and Linkage to Country/Regional Strategy
Impact The impact of the proposed TA will be a comprehensive development of the domestic and regional bond markets in ASEAN 3 as an alternative funding source to help reduce borrowers' dependency on short term bank loans and minimizing currency and maturity mismatches.
Project Outcome
Description of Outcome The outcome of the proposed TA is expected to improve liquidity of government bond markets in the region by establishing strengthening an effective PD system.
Progress Toward Outcome
Implementation Progress
Description of Project Outputs 1.Design for establishing a PD system in countries without a PD system or alternative approach 2. Enhancement of market making function of an existing PD system
Status of Implementation Progress (Outputs, Activities, and Issues)
Geographical Location Regional
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 A. International Consultants 1. Bond Market Specialist (international, 10 person months) 2. Capital Market Infrastructure Specialist (international, 10 person months) B. National Consultants Bond Market Specialist (10 person months) and Capital Market Infrastructure Specialist (10 person months)
Responsible ADB Officer Siackhachanh, Avonechith
Responsible ADB Department Economic Research and Regional Cooperation Department
Responsible ADB Division Office of the Chief Economist, ERD
Executing Agencies
Asian Development Bank
Avonechith Siackhachanh, Senior Advisor conc Practice Leader (Financial Sector)
6 ADB Avenue, Mandaluyong City 1550, Philippines
Concept Clearance 29 Jul 2009
Fact Finding 11 Mar 2009 to 25 Mar 2009
Approval 19 May 2010
Last Review Mission -
Last PDS Update 01 Feb 2010

TA 7536-REG

Approval Signing Date Effectivity Date Closing
Original Revised Actual
19 May 2010 - 19 May 2010 31 Dec 2011 31 Oct 2016 -
Financing Plan/TA Utilization Cumulative Disbursements
ADB Cofinancing Counterpart Total Date Amount
Gov Beneficiaries Project Sponsor Others
0.00 1,250,000.00 0.00 0.00 0.00 0.00 1,250,000.00 19 May 2010 819,003.75

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