Asia Bond Monitor – June 2024

Publication | June 2024
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This edition shows emerging market financial conditions weakened as investor risk appetite waned over expected higher-for-longer interest rates.

Price
  • US$30.00 (paperback)

Slower than expected disinflation cast uncertainty on future monetary policy stances and pushed bond yields up in both advanced economies and in emerging East Asia, prompting a $20 billion bond outflow from March to April. Local currency bond issuances contracted 9% in East Asia, totaling $2.2 trillion. Growth in the local currency bond market slowed to 1.4%, reaching $24.7 trillion in the first quarter. Sustainable bond issuances in ASEAN+3 contracted 13.3%, with stock reaching $805.9 billion by the end of March.

Contents

  • Executive Summary
  • Developments in Regional Financial Conditions
  • Bond Market Developments in the First Quarter of 2024
  • Recent Developments in ASEAN+3 Sustainable Bond Markets
  • Policy and Regulatory Developments
  • Environmental Materiality in eXtensible Business Reporting Language Disclosures: Evidence from Japan
  • Taxonomies in Action: The ASEAN Taxonomy for Sustainable Finance
  • Market Summaries
    • People’s Republic of China
    • Hong Kong, China
    • Indonesia
    • Republic of Korea
    • Lao People’s Democratic Republic
    • Malaysia
    • Philippines
    • Singapore
    • Thailand
    • Viet Nam

Additional Details

Type
Series
Subjects
  • Economics
  • Finance sector development
  • Industry and trade
Countries/Economies
  • China, People's Republic of
  • Hong Kong, China
  • Indonesia
  • Korea, Republic of
  • Lao People's Democratic Republic
  • Malaysia
  • Philippines
  • Singapore
  • Thailand
  • Viet Nam
Pages
  • 62
Dimensions
  • 8.5 x 11
SKU
  • SGP240327-2
ISBN
  • 978-92-9270-777-4 (print)
  • 978-92-9270-778-1 (PDF)
  • 978-92-9270-779-8 (ebook)
ISSN
  • 2219-1518 (print)
  • 2219-1526 (electronic)

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