Latest Update: November 23, 2009 17:36 (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 2.101 89.3 15.7
ID 10 Year 10.34 156.8 17.7
JP 10 Year 1.313 13.9 10.2
KR 10 Year 5.34 112 8
MY 10 Year 4.249 101.9 2.2
PH 10 Year 7.788 41.25 6.25
SG 10 Year 2.46 37 9
TH 10 Year 4.187 152.8 15.6
US 10 Year 3.368 131.45 8.65
VN 10 Year 11.308 113.6 89.1
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