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Asia Bond Monitor - June 2019

Publication | June 2019
Asia Bond Monitor - June 2019

This issue of the Asia Bond Monitor features a special chapter on housing bond markets, including insights on how they can be further developed in the region.

Local currency bond markets in emerging East Asia continued to expand over the first quarter of 2019 despite trade conflicts and moderating global growth.

At the end of March, there were $15 trillion in local currency bonds outstanding in emerging East Asia, 2.9% more than at the end of 2018 and 14.0% more than at the end of March 2018. Bond issuance in the region amounted to $1.4 trillion in the first quarter, 10.0% higher than in the last quarter of 2018 on the back of stronger issuance of government debt.

About the publication

The quarterly Asia Bond Monitor reviews developments in emerging East Asian local currency bond markets. The report discusses key trends in the region’s bond markets, and the outlook, risks, and policy options. It covers the 10 members of the Association of Southeast Asian Nations and the People’s Republic of China; Hong Kong, China; and the Republic of Korea.

Contents 

  • Highlights
  • Executive Summary
  • Introduction: Bond Yields Fall Amid Growth Moderation and Looming Downside Risks
  • Bond Market Developments in the First Quarter of 2019
  • Policy, Institutional, and Regulatory Developments
  • Developing the Housing Bond Market
  • Market Summaries
    • China, People’s Republic of
    • Hong Kong, China
    • Indonesia
    • Korea, Republic of
    • Malaysia
    • Philippines
    • Singapore
    • Thailand
    • Viet Nam