Latest Update: November 20, 2009 17:14 (Manila Time)

Growing corporate issuance along with government funding for economic stimulus packages drove growth in emerging East Asia's local currency bond markets in the first half of 2009, says the latest edition of the Asia Bond Monitor. Local bond markets have emerged as a key source of finance for companies in these volatile times, but they remain dominated by state-owned entities, infrastructure companies and banks.

Read the full report and news release.


Market Watch
LCY Government Bonds Latest Yield YTD Change (BP) MTD Change (BP)
CN 10 Year 3.74 98 3
HK 10 Year 2.108 90 15
ID 10 Year 10.312 159.6 14.9
JP 10 Year 1.306 13.2 10.9
KR 10 Year 5.35 113 7
MY 10 Year 4.247 101.7 2.4
PH 10 Year 7.825 45 2.5
SG 10 Year 2.48 39 7
TH 10 Year 4.245 158.6 9.8
US 10 Year 3.329 127.57 12.53
VN 10 Year 11.39 121.8 97.3
Bond Market Indicators
Size and Composition: Size of LCY Bond Market in % GDP (2Q09)
Credit Risk Watch
Weekly Emerging East Asian Credit Default Spread - Senior 5-year