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Asia Bond Monitor - June 2023

Asia Bond Monitor - June 2023

Paperback

Series: Asia Bond Monitor

Investing & Finance

ISBN10: 9292701908
ISBN13: 9789292701901
Publisher: Asian Development Bank
Published: Aug 19 2023
Pages: 60
Weight: 0.45
Height: 0.16 Width: 8.50 Depth: 11.00
Language: English
This edition presents recent developments in emerging East Asian local currency bond markets and features a special section about how increased climate risk awareness can influence investors' trading decisions.

Bond yields in emerging East Asia declined from March to May amid easing inflationary pressures in the region and slower monetary tightening in the United States. The region's local currency bond stock grew 9.1% from a year earlier to $23.8 trillion at the end of March. The increase was largely driven by governments frontloading debt issuance to finance programs to support economic recovery. Corporate bond issuance remained moderate, partly due to higher interest rates.

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Investing & Finance