The liquidity of Asian local currency bond markets varies with overall size, turnover, issue size and dispersion of holdings. Recently, returns on higher-yielding instruments have led local currency bonds to outperform US Treasuries in aggregate.
Download Info
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
page. Note that these files are not on the IDEAS
site. Please be patient as the files may be large.
Publisher Info
Article provided by Bank for International Settlements in its journal BIS Quarterly Review.
For technical questions regarding this item, or to correct its listing, contact: (Timo Laurmaa).
Related research
Keywords:
Find related papers by JEL classification: E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy G15 - Financial Economics - - General Financial Markets - - - International Financial Markets H63 - Public Economics - - National Budget, Deficit, and Debt - - - Debt; Debt Management O16 - Economic Development, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment
Cited by: (explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)
Robert N McCauley, 2006.
"Consolidating the public debt markets of Asia,"
BIS Papers chapters,
in: Bank for International Settlements (ed.), Asian bond markets: issues and prospects, volume 30, pages 82-98
Bank for International Settlements.
[Downloadable!]
Ramon Moreno, 2006.
"The changing nature of risks facing banks,"
BIS Papers chapters,
in: Bank for International Settlements (ed.), The banking system in emerging economies: how much progress has been made?, volume 28, pages 67-98
Bank for International Settlements.
[Downloadable!]
Serge Jeanneau & Camilo E Tovar, 2008.
"Latin America’s local currency bond markets: an overview,"
BIS Papers chapters,
in: Bank for International Settlements (ed.), New financing trends in Latin America: a bumpy road towards stability, volume 36, pages 46-64
Bank for International Settlements.
[Downloadable!]
Palle Andersen & Ramon Moreno, 2005.
"Financial integration: an overview,"
BIS Papers chapters,
in: Bank for International Settlements (ed.), Globalisation and monetary policy in emerging markets, volume 23, pages 1-8
Bank for International Settlements.
[Downloadable!]