Latest Update: October 24, 2014 17:12 (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 3.820 80.0 25.0
HK 1.741 56.4 25.3
ID 8.035 41.7 48.6
JP 0.478 26.3 5.3
KR 2.722 86.3 13.0
MY 3.791 33.7 13.0
PH 4.036 43.6 15.9
SG 2.254 30.6 21.6
TH 3.171 72.6 37.6
US 2.271 75.7 21.8
VN 6.387 266.3 24.6
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
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