Business, Finance & Law      Economics

Asia Bond Monitor - June 2024

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Book Details
Language
English
Publishers
Asian Development Bank (26 Jun. 2024)
Weight
0.22 KG
Publication Date
26/06/2024
ISBN-10
9292707779
Pages
62 pages
ISBN-13
9789292707774
Dimensions
21.59 x 0.43 x 27.94 cm
SKU
9789292707774
Author Name
Asian Development Bank (Author)
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This edition shows emerging market financial conditions weakened as investor risk appetite waned over expected higher-for-longer interest rates. 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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