News Release

The most immediate and visible fallout from the global credit market turmoil has been an increase in volatility in emerging East Asian bond markets, says the latest issue of Asia Bond Monitor. The report, which has a theme chapter on bond market developments and challenges in India, was launched in Mumbai at a bond conference organized by ADB in association with Reuters and rating agency ICRA. Jong-Wha Lee, Head of OREI, unveiled the report at a gathering of top regional investment bankers, credit analysts, rating agency and regulatory officials.

In addition to the theme chapter, the latest edition of the Asian Bond Monitor includes the results of a recent survey of market participants on liquidity conditions in the region's local currency bond and derivatives markets. To participate in the online survey for your market, click here.



Asian Bond Market Outlook—How Resilient is Asia?
To Download Presentation Materials: Click on the Name of the Speaker or Presentor


Launch date: Wednesday, 23 April 2008


Venue: Taj Mahal Palace and Tower, Mumbai, India


Co-Sponsors/ Organizers: ICRA/Reuters


Keynote Speaker: R. H. Patil
Chairman, Clearing Corporation of India


Invited Panelists: SEBI/ICRA/BIS/Reuters/Investment Banks/Fund Managers


Moderators: William Pesek, Asia-Pacific Columnist, Bloomberg

Phil Smith, Editor, South Asia, Reuters


Format of Launch/Panel Discussion (Half day event 9:00-14:00)


9:00 AM Registration


9:25 AM Welcome


9:30 AM Keynote Address
by R.H. Patil, Chairman, Clearing Corporation of India


9:45 AM Launch of Asia Bond Monitor
Presentation by Jong-Wha Lee, Head, Office of Regional Economic Integration, Asian Development Bank


10:00 AM Panel Discussion: “Asian Bond Market Outlook"

Moderator
William Pesek, Columnist, Bloomberg

Speakers

Douglas Hodge, CFA; Managing Director, Asia Pacific; Chairman of PIMCO Japan Ltd.

Dilip Parameswaran, Head of Credit Research-Asia, Calyon Corporate and Investment Bank

David Fernandez, Head of Emerging Asia Research, JP Morgan

Andrew Freris, Chief Economist, Asia Pacific, and Head of Fixed Income Research, BNP Paribas

Guonan Ma, Senior Economist, Bank for International Settlements



11:15 AM Coffee/Tea Break


11:30 AM Panel Discussion: “Challenges for Indian Bond Market”

Moderator
Phil Smith, Editor, South Asia, Reuters

Speakers
P.K. Choudhury, Vice Chairman & Group CEO, ICRA Ltd.

Monish Mahurkar, Managing Director and Head of Fixed Income, Currency and Commodities, DSP Merrill Lynch, India

Simarjeet Baweja, Head of Reuters Academy

S.R. Prasad, Chief General Manager, Securities and Exchange Board of India

Lotte Schou-Zibell, Economist, Office of Regional Economic Integration, Asian Development Bank

Stephen Wells, ex-Chief Economist, London Stock Exchange



12:45 Lunch

Luncheon Speech by T.C. Nair, Whole Time Member, Securities and Exchange Board of India


14:00 Conference ends