Emerging East Asian Local Currency Bond Markets: A Regional Update

Issue: November 2019

The size of emerging East Asia’s local currency bond markets reached USD15.2 trillion at the end of September, according to the latest issue of the Asia Bond Monitor. The report also noted that the protracted trade dispute between the People’s Republic of China (PRC) and the United States and a sharper-than-expected economic slowdown in advanced economies and the PRC pose as the biggest downside risks to the region’s financial stability.