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Emerging East Asian Local Currency Bond Markets: A Regional Update

Issue: June 2021

Local currency bond markets in emerging East Asia expanded to USD20.3 trillion at the end of March, with divergent yield dynamics tracking market-specific factors. The ASEAN+3 sustainable bond market expanded to USD301.3 billion at the end of March, accounting for nearly 20% of the global sustainable bond market. The region is now the second largest regional market after Europe. This issue of the Asia Bond Monitor features special boxes on green sukuk (Islamic bonds) markets and digital finance, as well as a theme chapter on governing sustainable finance.

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• Download the full report.
  
• Highlights
  
• Global and Regional Bond Market Developments
  
• Bond Market Development in the First Quarter of 2021
  
• Recent Developments in ASEAN+3 Sustainable Bond Markets
  
• Policy and Regulatory Developments
  
• Governing Sustainable Finance
  
• Market Summaries
  
• Read the news release