Latest Update: October 23, 2014 11:29 (Manila Time)

ASIA BOND MONITOR

March 2014

Emerging East Asia’s local currency bonds have performed well so far in 2014 but an earlier-than-anticipated US rate hike, a slowing property market in the People’s Republic of China (PRC), and higher risk aversion and inflation due to Middle East tensions could undermine that, says the latest quarterly Asia Bond Monitor from the Asian Development Bank.

Market Watch
LCY 10 Year Government Bonds Latest Yield YTD Change (BP) MTD Change (BP)
CN 3.770 85.0 30.0
HK 1.731 57.4 26.3
ID 8.043 40.9 47.8
JP 0.485 25.6 4.6
KR 2.752 83.3 10.0
MY 3.792 33.6 12.9
PH 4.040 44.0 15.4
SG 2.240 32.0 23.0
TH 3.171 72.6 37.6
US 2.216 81.2 27.2
VN 6.417 263.3 21.6
Bond Market Indicators
Size and Composition: Size of LCY Bond Market in % GDP (Dec 2013)
Credit Risk Watch
Weekly Emerging East Asian Credit Default Spread - Senior 5-year
The AsianBondsOnline web portal is an ASEAN+3 Initiative supported by the Asian Development Bank and funded by the Ministry of Finance Japan, through the Investment Climate Facilitation Fund. Read more