Article summary
The International Capital Market Association (ICMA) has published a report designed to provide stakeholders with an overview of developments and trends in Asian bond markets. The report focuses on primary and secondary international, offshore bond markets in Asia. The report found that issuance in the Asian international bond market amounted to $US 575bn in 2020—five times more than in 2006. Cross-border issuance accounts for only 20% of all the bond issuance in Asia, compared with 40% worldwide.
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