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Asia Bond Monitor - June 2024
Paperback
Series: Asia Bond Monitor
ISBN13: 9789292707774
Publisher: Asian Development Bank
Published: Aug 26 2024
Pages: 62
Weight: 0.48
Height: 0.17 Width: 8.50 Depth: 11.00
Language: English
Slower than expected disinflation cast uncertainty on future monetary policy stances and pushed bond yields up in both advanced economies and in emerging East Asia, prompting a $20 billion bond outflow from March to April. Local currency bond issuances contracted 9% in East Asia, totaling $2.2 trillion. Growth in the local currency bond market slowed to 1.4%, reaching $24.7 trillion in the first quarter. Sustainable bond issuances in ASEAN+3 contracted 13.3%, with stock reaching $805.9 billion by the end of March.
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