Asia Bond Monitor - June 2024

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

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.

Product details

• Authors: Asian Development Bank
• Publisher: Asian Development Bank
• Languages: English
• Product format: Paperback / Softback
• Released: 26.06.2024
• EAN: 9789292707774
• ISBN: 978-92-9270-777-4
• No. of pages: 62
• Dimensions: 216 mm x 280 mm x 5 mm
• Weight: 259 g
• Subject: Social sciences, law, business > Business > Miscellaneous