Asia governments realize that deep, liquid, and mature bond markets are effective tools in transforming the region’s large levels of savings into long-term investments and to avoid the double mismatch of currencies and maturities. Efforts at individual country levels are now being complemented by regional initiatives.
The Asian Bond Markets Initiative (ABMI) is an ASEAN+3 initiative supported by the Asian Development Bank. It is designed to promote bond market development in the region. ASEAN+3 consists of Brunei Darussalam, Cambodia, the People’s Republic of China, Indonesia, Japan, the Republic of Korea, Lao People’s Democratic Republic, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Viet Nam.
AsianBondsOnline is part of the ABMI. Funded by Japan's Ministry of Finance, through the Investment Climate Facilitation Fund, it is a one-stop clearinghouse of information on sovereign and corporate bonds. It presents both regional and market-specific information in a structured format, giving market participants and potential investors a clear perspective of the current market. Government and private sector initiatives to enhance market depth and liquidity are also detailed.
The web site is targeted at institutional and individual investors, sovereign and corporate issuers, financial intermediaries, credit rating agencies, market regulators, policy makers, multilateral institutions, academic researchers, and journalists, both in local markets and outside the region.
The ultimate goal of AsianBondsOnline is to be responsive to investor needs. To this end, a feedback facility is available to all users on an unrestricted basis. Suggestions or comments posted will be addressed by AsianBondsOnline analysts. This participatory approach helps guarantee that site enhancements will serve user needs.
The Economic Research and Regional Cooperation Department of the Asian Development Bank developed and maintains AsianBondsOnline.
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.
ADB’s vision is an Asia and Pacific Region free of Poverty. Its mission is to help its developing countries reduce poverty and improve the quality of life of their people. Despite the regions’s many successes. It remains home to the majority of the world’s poor. ADB is committed to reducing poverty through inclusive economic growth, environmentally sustainable growth, and regional integration.
Based in Manila, ADB is owned by 67 members, including 48 from the region. Its main instruments for helping its developing member countries are policy dialogue, loans, equity investments, guarantees, grants, and technical assistance.