39027-012: ASEAN+3 Regional Multicurrency Bond

Project Data Sheet (PDS): Overview


In the absence of a well-developed, efficient source of long-term local currency funding, the currency and maturity mismatch between funding and revenues that exacerbated the Asian Financial Crisis remains a major financial vulnerability in the region. The ASEAN+3 Asian Bond Markets Initiative (ABMI) has established six voluntary working groups to take concrete steps to develop the bond markets. The development of markets would aim to better utilize the savings of Asia for direct investment ... Read More

Country Regional
Project Number 39027-012
Type or Modality of Assistance Technical Assistance
Financing Public sector (Sovereign)
Status Closed
Approval Number TA No. 6244
Approval Date 03 Jun 2005
ADB Financing ($ thousand) 400
Sector Finance
Subsector Investment Funds


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