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Emerging East Asian Local Currency Bond Markets: A Regional Update

Issue: September 2019

Local currency government bond yields trended lower in nearly all markets in emerging East Asia between 1 June and 15 August amid weakening global growth outlook, easing monetary policy stances, and investor risk aversion, according to the latest issue of the Asia Bond Monitor. Despite downside risks to economic prospects and financial stability, the region’s local currency bond market expanded steadily to reach a size of USD15.3 trillion at the end of June.

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• Download the full report.
  
• Highlights
  
• Executive Summary
  
• Introduction: Bond Yields Trend Downward amid Growth Moderation and Risk-Off Sentiment
  
• Bond Market Development in the Second Quarter of 2019
  
• Policy and Regulatory Developments
  
• Market Summaries
  
• Read the news release