Regional : Support for ASEAN+3 Bond Market Forum under the Asian Bond Markets Initiative Medium-Term Road Map, 2019–2022

Sovereign Project | 54096-001

Project Details

  • Project Officer
    Yamadera, Satoru
    Economic Research and Development Impact Department
    Request for information
  • Country/Economy
    Regional
  • Sector
    • Finance
Project Name
Support for ASEAN+3 Bond Market Forum under the Asian Bond Markets Initiative Medium-Term Road Map, 2019–2022
Project Number
54096-001
Country / Economy
  • Regional
  • Brunei Darussalam
  • Cambodia
  • Indonesia
  • Korea, Republic of
  • Lao People's Democratic Republic
  • Malaysia
  • Myanmar
  • Philippines
  • China, People's Republic of
  • Singapore
  • Thailand
  • Viet Nam
Project Status
Active
Project Type / Modality of Assistance
  • Technical Assistance
Source of Funding / Amount
TA 6641-REG: Support for ASEAN+3 Bond Market Forum under the 2019-2022 Asian Bond Markets Initiative Medium-Term Road Map
Source Amount
Investment Climate Facilitation Fund under the Regional Cooperation and Integration Financing Partnership Facility US$ 1.80 million
Operational Priorities
  • OP6: Strengthening governance and institutional capacity
  • OP7: Fostering regional cooperation and integration
Sector / Subsector
  • Finance / Money and capital markets

Gender
No gender elements
Description
Project Rationale and Linkage to Country/Regional Strategy
Impact

Greater regional and economic financial stability and advanced financial integration in ASEAN+3

Project Outcome

Description of Outcome

ASEAN+3 local currency bond markets more integrated

Progress Toward Outcome

Implementation Progress

Description of Project Outputs

Bond market guides for ASEAN+3 markets updated and published

AMBIF participating markets increased and AMBIF issuance increased

Standards and regional frameworks in cross-border financial transaction reporting developed

Further collaboration with TACT and AMRO increased

ABMI Medium-Term Road Map for 20232026 developed

Status of Implementation Progress (Outputs, Activities, and Issues)
Geographical Location
Brunei Darussalam - Nation-wide; Cambodia - Nation-wide; China - Nation-wide; Indonesia - Nation-wide; Korea, Republic of - Nation-wide; Lao People's Democratic Republic - Nation-wide; Malaysia - Nation-wide; Myanmar - Nation-wide; Philippines - Nation-wide; Singapore - Nation-wide; Thailand - Nation-wide; Viet Nam - Nation-wide

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
Individual consultants will be recruited through framework agreements wherein shortlisted candidates may be hired as needed for the duration of the agreement to provide international and/or national consulting inputs as required. ADB will engage the consultants and carry out procurement following the ADB Procurement Policy (2017, as amended from time to time) and its associated project administration instructions and/or staff instructions.

Contact

Responsible ADB Officer
Yamadera, Satoru
Responsible ADB Department
Economic Research and Development Impact Department
Responsible ADB Division
Office of the Chief Economist and Director General, ERDI (EROD)
Executing Agencies
Asian Development Bank

Timetable

Concept Clearance
06 Jan 2022
Fact Finding
17 Feb 2020 to 17 Feb 2020
MRM
-
Approval
07 Dec 2020
Last Review Mission
-
Last PDS Update
07 Dec 2020

Funding

TA 6641-REG

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
07 Dec 2020 - 07 Dec 2020 31 Dec 2023 31 Dec 2024 -
Financing Plan/TA Utilization
ADB Cofinancing Counterpart Total
Gov Beneficiaries Project Sponsor Others
0.00 1,800,000.00 0.00 0.00 0.00 0.00 1,800,000.00
Cumulative Disbursements
Date Amount
16 Nov 2023 1,227,857.67

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 Access to Information Policy (AIP) 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.


Safeguard Documents See also: Safeguards
Safeguard documents provided at the time of project/facility approval may also be found in the list of linked documents provided with the Report and Recommendation of the President.

None currently available.


Evaluation Documents See also: Independent Evaluation

None currently available.


Related Publications


The Access to Information Policy (AIP) 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.

Tenders


Contracts Awarded

No contracts awarded for this project were found

Procurement Plan

None currently available.