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ICMA reports macroeconomic challenges dampened Asia issuance growth in 2022

Published on: 29 March 2023

Published by LNB News

LNB News 29/03/2023

Document Information

Issue Date: 29 March 2023

Published Date: 29 March 2023

Jurisdiction(s): United Kingdom

Article summary

The International Capital Market Association (ICMA), in collaboration with the Hong Kong Monetary Authority (HKMA), has published a third edition of its report, The Asian International Bond Markets: Development and Trends. The report found that annual issuance of cross-border bonds from Asia totalled over US$610bn in 2021, declining 44% to US$346bn in 2022, following global interest rate rises, geopolitical tensions and sectoral credit events.

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