Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/109269 
Year of Publication: 
2005
Series/Report no.: 
ERD Working Paper Series No. 63
Publisher: 
Asian Development Bank (ADB), Manila
Abstract: 
This paper surveys the experience of countries in the East Asian region that have introduced local currency bonds by foreign issuers. The countries that are examined include Australia; Hong Kong, China; Japan; Republic of Korea; and Singapore. It is suggested that there are sound reasons for many countries to develop the market for foreign issuers. Benefits and potential issues are analyzed, development policies are reviewed, and concrete policy options are discussed for those countries that are currently considering opening their domestic markets to foreign issuers.
Persistent Identifier of the first edition: 
Creative Commons License: 
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Document Type: 
Working Paper

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