ABMI ASEAN+3 Bond Market Forum - Publications: Other

Publications

Other Publications

ASEAN+3 Bond Market Forum Brief No. 1—The Professional Bond Market: A Practical Introduction

It shows the differences between bond and equity markets, details types of debt issuance, and points out which markets among the ten members of the ASEAN plus the People’s Republic of China, Japan, and the Republic of Korea—collectively known as ASEAN+3—are open to non-resident investors. Part of the ASEAN+3 Bond Market Forum Brief series, this publication explains multi-currency transactions and details the disclosure, selling, and transfer rules needed to regulate trading and build liquid and attractive regional markets.

ASEAN+3 Bond Market Forum Brief No. 2—Professional Investor Concepts and Categories

Part of the ASEAN+3 Bond Market Forum Brief series, this publication explains the distinctions between professional investors, outlines regulations, and breaks down how each is recognized in the ten members of the ASEAN plus the People’s Republic of China, Japan, and the Republic of Korea—collectively known as ASEAN+3. It details requirements needed for investors to obtain their professional status and underlines why economies should adopt international best practices and increase their professional investor pool to help expand their bond markets.

Asian Bond Markets Initiative Group of Experts (GoE) Report for Task Force 4

The Group of Experts on Cross-border Bond Transactions and Settlement Issues (GoE) was established in 2008 by the Asian Bond Markets Initiative (ABMI). This report put forward for consideration three options for a regional settlement intermediary (RSI) and suggested organizing a group of market experts for further investigation of these options. The final results of the GoE work are presented in this report. PART I contains the result of the estimation of cross-border transaction costs in ASEAN+3. PART II discusses the results of the feasibility study of the RSI options and presents recommendations for the next step. Finally, PART III presents the list of major barriers to cross-border bond transactions and settlement and a set of recommendations to address them. Although the three parts are interrelated, each covers a topic independent enough to be discussed separately. Thus, each part carries its own introduction and summary. Also policy recommendations are formulated separately for the RSI and the barrier study and contained in PART II and PART III.

Good Practices for Developing a Local Currency Bond Market: Lessons from the ASEAN+3 Asian Bond Markets Initiative

This publication provides a comprehensive picture of how to foster local currency bond markets in ASEAN+3.