Research

The Development of Local Debt Markets in Asia

This IMF working paper makes an assessment of the progress made in developing local debt markets in emerging Asia. Market development has been limited by hurdles confronting borrowers and lenders, current and potential liquidity providers, and insufficient support from government policies and regulations. The papers says, with rapid economic growth in Asia, a key challenge is to generate financial assets that can provide the underlying collateral for expanding fixed-income markets, and hence domestic and regional investment opportunities.

To access the paper, click here

Local Debt Markets in Asia

 

Sponsored Content

Join the discussion