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Emerging East Asian Local Currency Bond Markets: A Regional Update

Issue: March 2022

Bond yields have risen in emerging East Asia since November 2021, driven by higher yields in advanced economies and continued inflationary pressure in many regional economies, according to the March 2022 issue of the Asia Bond Monitor. Emerging East Asia’s local currency bond market expanded to USD22.8 trillion at the end of 2021, with record-high local currency bond issuance of USD9.0 trillion in 2021. Sustainable bonds outstanding in ASEAN+3 markets reached USD430.7 billion on surging new issuance of USD239.5 billion in 2021. This issue of the Asia Bond Monitor also presents the results of the 2021 AsianbondsOnline Annual Bond Market Liquidity Survey.

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• Download the full report.
  
• Executive Summary
  
• Global and Regional Market Developments
  
• Bond Market Developments in the Fourth Quarter of 2021
  
• Recent Developments in ASEAN+3 Sustainable Bond Markets
  
• Policy and Regulatory Developments
  
• AsianBondsOnline Annual Bond Market Liquidity Survey
  
• Market Summaries
  
• Read the news release