This brief serves as an introduction to professional bond markets in ASEAN+3 economies, explaining debt market terminology, outlining how regional bond markets operate, and detailing their merits for investors, issuers, and policy makers. It shows the differences between bond and equity markets, details types of debt issuance, and points out which markets among the ten members of the ASEAN plus the People’s Republic of China, Japan, and the Republic of Korea—collectively known as ASEAN+3—are open to non-resident investors. Part of the ASEAN+3 Bond Market Forum Brief series, this publication explains multi-currency transactions and details the disclosure, selling, and transfer rules needed to regulate trading and build liquid and attractive regional markets.
| Asset Type: | Publications |
| Collection: | International Organizations |
| Subject: | Papers and briefs, Asian bond, Markets initiative briefs, Finance sector development, Regional cooperation and integration, ASEAN, China, Japan, South Korea |
| Author: | Asian Development Bank |
| Publisher: | Asian Development Bank |
| Publication Date: | January 2023 |
