Asia’s bonny bond markets

It may appear odd for governments to borrow money they do not need. Yet this is precisely what some of them in Asia have been doing to boost to development of domestic bond markets. They regard the investment as worthwhile given the need to nurture long term fixed interest markets as an alternative to bank financing, especially in view of the region's massive needs for infrastructure spending and its past over-reliance on foreign funding.

The objective is partly to provide governments with acces

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: