Emerging East Asian Local Currency Bond Markets: A Regional Update

Issue: September 2020

Emerging East Asia's local currency bond market rose to USD17.2 trillion at the end of the second quarter of 2020, according to the latest issue of the Asia Bond Monitor. Between 15 June and 11 September, global investment sentiment and financial conditions improved. Bond yields fell for nearly all emerging East Asian bond markets due to monetary easing and slower economic growth. This issue of the Asia Bond Monitor includes four special boxes on trends in regional bond markets, growth of digital payments and resilience of environmental, social, and governance investments.