Local Currency Bonds and Infrastructure Finance in ASEAN+3

Local Currency Bonds and Infrastructure Finance in ASEAN+3
Author :
Publisher : Asian Development Bank
Total Pages : 263
Release :
ISBN-10 : 9789292570156
ISBN-13 : 9292570153
Rating : 4/5 (56 Downloads)

Book Synopsis Local Currency Bonds and Infrastructure Finance in ASEAN+3 by : Asian Development Bank

Download or read book Local Currency Bonds and Infrastructure Finance in ASEAN+3 written by Asian Development Bank and published by Asian Development Bank. This book was released on 2015-07-01 with total page 263 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Asian Development Bank (ADB) is working closely with the Association of Southeast Asian Nations (ASEAN) and the People's Republic of China (PRC), Japan, and the Republic of Korea---collectively known as ASEAN+3---to develop local currency bond markets and facilitate regional bond market integration under the Asian Bond Markets Initiative (ABMI). ABMI was launched in 2002 to strengthen the resilience of the region's financial system by developing local currency bond markets as an alternative source to foreign currency-denominated, short-term bank loans for long-term investment financing. The need for infrastructure investment among ASEAN+3 members is well documented, with estimates for needed investment through 2020 reaching as high as $550 billion. Local currency financing of infrastructure projects has the important advantage of avoiding the currency risk that can arise when a project generating revenues in the domestic currency has foreign currency-denominated debt service requirements. This study was undertaken under ABMI and funded by the Government of the PRC. It addresses two key questions: (i) Why is local currency bond financing not more widely used for infrastructure projects in ASEAN+3? and (ii) What can be done to promote infrastructure bond financing?


Local Currency Bonds and Infrastructure Finance in ASEAN+3 Related Books

Local Currency Bonds and Infrastructure Finance in ASEAN+3
Language: en
Pages: 263
Authors: Asian Development Bank
Categories: Business & Economics
Type: BOOK - Published: 2015-07-01 - Publisher: Asian Development Bank

DOWNLOAD EBOOK

The Asian Development Bank (ADB) is working closely with the Association of Southeast Asian Nations (ASEAN) and the People's Republic of China (PRC), Japan, and
Infrastructure Financing In Asia
Language: en
Pages: 407
Authors: Bambang Susantono
Categories: Business & Economics
Type: BOOK - Published: 2019-11-19 - Publisher: World Scientific

DOWNLOAD EBOOK

First, the book documents the evolution of Asia's infrastructure over the past half-century and reviews existing literature on the role of infrastructure invest
ASEAN+3 Information on Transaction Flows and Settlement Infrastructures
Language: en
Pages: 730
Authors: Shinji Kawai
Categories: Business & Economics
Type: BOOK - Published: 2013-12-01 - Publisher: Asian Development Bank

DOWNLOAD EBOOK

This report, consisting of three parts, is the result of Phase 2 studies of the ASEAN+3 Bond Market Forum Sub-Forum 2 and enhances the findings of Phase 1. Part
The Asian Bond Markets Initiative
Language: en
Pages: 69
Authors: Asian Development Bank
Categories: Business & Economics
Type: BOOK - Published: 2017-06-01 - Publisher: Asian Development Bank

DOWNLOAD EBOOK

The Asian Bond Markets Initiative (ABMI) was launched in December 2002 by the Association of Southeast Asian Nations (ASEAN) and the People’s Republic of Chin
ASEAN+3 Bond Market Guide 2016 Singapore
Language: en
Pages: 121
Authors: Asian Development Bank
Categories: Business & Economics
Type: BOOK - Published: 2016-10-01 - Publisher: Asian Development Bank

DOWNLOAD EBOOK

The Singapore bond market has become one of the most developed open capital markets in Asia with over US$221 billion in total local currency bonds outstanding w