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Thursday, May 15, 2008

Building Local Bond Markets: An Asian Perspective




Building Local Bond Markets: An Asian Perspective
IFC | 2000 | ISBN 0-8213-4819-1 | English | 291 pages | PDF | 1.1 MB

Building local currency bond markets has become an increasingly important topic for emerging market countries, particularly since the Asian financial crisis. This book reviews why countries should consider building local currency corporate bond markets and how to evaluate what is needed and what might be developed.

It includes eight country studies: Republic of Korea, Australia, Malaysia, India, Pakistan, Sri Lanka, Bangladesh, and Nepal. It is based on the IFC-sponsored South Asia Debt Market Symposium held in October 1999 in Sri Lanka, which brought together regulators and market participants from around Asia and other parts of the globe to discuss issues in developing local markets. The book should provide valuable insights for countries that are addressing these issues today.




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