Latest Update: October 22, 2014 17:22 (Manila Time)

ASIA BOND MONITOR

March 2014

Emerging East Asia’s local currency bonds have performed well so far in 2014 but an earlier-than-anticipated US rate hike, a slowing property market in the People’s Republic of China (PRC), and higher risk aversion and inflation due to Middle East tensions could undermine that, says the latest quarterly Asia Bond Monitor from the Asian Development Bank.

Market Watch
LCY 10 Year Government Bonds Latest Yield YTD Change (BP) MTD Change (BP)
CN 3.760 86.0 31.0
HK 1.708 59.7 28.6
ID 8.035 41.7 48.6
JP 0.485 25.6 4.6
KR 2.757 82.8 9.5
MY 3.792 33.6 12.9
PH 4.045 44.5 15.0
SG 2.240 32.0 23.0
TH 3.177 72.0 37.0
US 2.222 80.7 26.7
VN 6.338 271.2 29.5
Bond Market Indicators
Size and Composition: Size of LCY Bond Market in % GDP (Dec 2013)
Credit Risk Watch
Weekly Emerging East Asian Credit Default Spread - Senior 5-year
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