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Publications and Events

Asia Bond Monitor

The Asia Bond Monitor (ABM) is AsiaBondOnline’s quarterly publication released every March, June, September, and November. The report reviews recent developments in East Asian local currency bond markets along with the outlook, risks, and policy options. The ABM covers the 10 Association of Southeast Asian Nations member countries plus the People’s Republic of China; Hong Kong, China; and the Republic of Korea.

Monthly Debt Roundup

The ABO Monthly Debt Roundup provides a snapshot on changes in financial prices such as foreign exchange, yields, equity as well as recent monetary policy rate movements in the region. In addition, the ABO Monthly Debt Roundup provides data on foreign investor bond flows of local currency government bonds for the PRC, Indonesia, Malaysia, the Philippines and Thailand.

Weekly Debt Highlights

The Weekly Debt Highlights Report provides a summary of the relevant key macroeconomic data and monetary policy updates released in the previous week in the various economies covered by ABO. The report also includes select government and corporate debt issuances, credit rating upgrades, and other relevant regulatory developments. The report is published every Monday.

ASEAN+3 Bond Market Guides

The ASEAN+3 Bond Market Guides is a series published by the ASEAN+3 Bond Market Forum in collaboration with ADB as its secretariat. Each country-specific guide provides information on the investment climate, rules, laws, opportunities, and characteristics of the local bond market. The guides are produced in close consultation with local policymakers and market players.

Other Publications

This section contains other relevant reports, studies, policy briefs, and papers from the ADB Economics Working Paper Series.

Good Practices for Developing a Local Currency Bond Market: Lessons from the ASEAN+3 Asian Bond Markets Initiative

This report shares the experiences of ASEAN+3 and provides a comprehensive picture on fostering a local currency bond market. Although every market is unique, some lessons from the region's varied experiences could still be drawn on how to expedite the process of bond market development in a developing economy


Event Details:

Asian Development Bank HQ Manila, Philippines 5-7 February 2020

Registration:

  • Registration Deadline: 15 January 2020, to register click here Download A1 - Registration Form

  • Information Sheet for Visa assistance, download here Download A2 - Info Sheet (Visa Assistance)

    For visa assistance, please fill-out the A2-INFO SHEET and send the completed form together with the scanned copy of your passport data/biographical page to ADB Secretariat, Ms. Yvonne Osonia (yosonia.consultant@adb.org). Please note that visa assistance request will be forwarded to the ADB GR Office on a weekly basis and processing of visa assistance will take fifteen (15) working days. Kindly allocate enough time for the processing of visa assistance request before your visa application schedule and ensure that your passport is still valid for at least six (6) months beyond your intended period stay in the Philippines and have at least two (2) blank passport pages.

    Deadline for Visa Assistance Request: 18 December 2019

  • Hotel registration form, download here Download A3 - Hotel Reservation Form

    Fifty rooms in Discovery Suits has been blocked for participants (first come, first served basis). Should you wish to stay in Discovery Suites, kindly fill out the Reservation Form and email it directly to the hotel on or before 17 January 2020.

Point Person:

Ms. Sheila Sombillo (ssombillo.consultant@adb.orgs)

Preliminary Agenda:

33rd ABMF Invitation Letter & Preliminary Agenda


ASEAN+3 Bond Market Forum (ABMF)

The ABMF was established in May 2010 by the finance ministers of the Association of Southeast Asian Nations (ASEAN) plus the People's Republic of China, Japan, and the Republic of Korea—collectively known as ASEAN+3—under the Asian Bond Markets Initiative (ABMI). The Forum is the only regional platform of which actions and recommendations are reported to the ASEAN+3 policy discussion. It functions to integrate the ASEAN+3 markets through standardization and harmonization of regulations and market practices as well as market infrastructures relating to cross-border bond transactions.

33rd ABMF Meeting

Since its establishment, the ABMF has produced various outputs and created impacts. In 2012, the ABMF released the ASEAN+3 Bond Market Guide, the first officially recognized publication of bond market regulations and settlement procedures in ASEAN+3 economies. The market guide helped narrow information gaps and increase market transparency, which was often regarded as the biggest barrier to market entry. In 2014, to provide policy recommendations to standardize securities transaction flows in the region, ABMF published the Sub-Forum 1 (SF1) Phase 2 Report: Proposal on ASEAN+3 Multi-Currency Bond Issuance Framework (AMBIF) as a regionally standardized bond issuance framework, and the Sub-Forum 2 (SF2) Phase 2 Report: ASEAN+3 Information on Transaction Flows and Settlement Infrastructures. After the endorsement of both reports by the ASEAN+3 finance ministers in 2015, ABMF released two Phase 3 reports: Implementation of the AMBIF: ABMF SF1 Phase 3 Report, and Harmonization and Standardization of Bond Market Infrastructures in ASEAN+3: ABMF SF2 Phase 3 Report. The SF1 Phase 3 report contained the Single Submission Form (SSF) to be utilized in the markets participating in AMBIF and explained the procedures for issuing an AMBIF bond. The SF2 Phase 3 report (i) identified and agreed upon key transactional financial messages to be harmonized and standardized to facilitate cross-border bond transactions, and (ii) successfully demonstrated the readiness of the region to implement key international standards such as ISO 20022 by 2025. As a result, implementation of ISO 20022 was included as one of the strategic measures for financial integration in the ASEAN Economic Community Blueprint 2025.

ABMF meetings are held three times a year, bringing together more than 100 experts from the ministries of finance, central banks, securities market regulators, central securities depositories, securities exchanges and market operators, financial market associations as well as major financial institutions and IT vendors in the region. The forum is open to experts who are interested in bond market developments and regional financial cooperation.

Full migration to ISO 20022

  • Green bond;
  • Financial benchmark reform;
  • Full migration to ISO 20022

In addition, we will have a joint meeting with ABAC/APFF and ACRAA on 5 February:

  • Data usage and data protection in relation to ABAC recommendation to APEC finance ministers
  • Green bond market and role of rating agencies
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