Asian bond markets: issues and prospects

 

Introduction Page
The development of Asian bond markets (PDF, 12 pages, 58 kb)

Barry Eichengreen
1
   
Opening addresses  
For the advent of a promising and sound Asian bond market (PDF, 3 pages, 17 kb)

Tae-Shin Kwon
13
Asian financial cooperation as seen from Europe (PDF, 3 pages, 15 kb)

Gunter Baer
16
   
Overview  
Developing the bond market(s) of East Asia: global, regional or national? (PDF, 21 pages, 127 kb)

Robert N McCauley and Yung-Chul Park
19
Why doesn't Asia have bigger bond markets? (PDF, 38 pages, 469 kb)

Barry Eichengreen and Pipat Luengnaruemitchai
40
Comments (PDF, 2 pages, 15 kb)

Ric Deverell
78
Comments (PDF, 2 pages, 14 kb)

Junggon Oh
80
Consolidating the public debt markets of Asia (PDF, 17 pages, 115 kb)

Robert N McCauley
82
Comments (PDF, 2 pages, 14 kb)

Junggon Oh
99
   
Lunch address  
Lunch address (PDF, 1 page, 10 kb)

Huhn-Gunn Ro
101
   
History, structure and prospects of East Asian bond markets  
Determinants of bond holdings by foreign investors (PDF, 27 pages, 118 kb)

Kee-Hong Bae, Young Sup Yun and Warren Bailey
102
Choice of currency by East Asia bond issuers (PDF, 14 pages, 109 kb)

David G Fernandez and Simon Klassen
129
Asian bond issues in Tokyo: history, structure and prospects (PDF, 25 pages, 281 kb)

Fumiaki Nishi and Alexander Vergus
143
Comments (PDF, 3 pages, 18 kb)

Toshiharu Kitamura
168
   
Dinner address  
Recent development of the Korean bond market (PDF, 3 pages, 20 kb)

Seongtae Lee
171
   
Credit risk management  
Minding the gap in Asia: foreign and local currency ratings (PDF, 26 pages, 126 kb)

Kate Kisselev and Frank Packer
174
Comments (PDF, 2 pages, 13 kb)

Tom Byrne
200
Building infrastructure for Asian bond markets: settlement and credit rating (PDF, 20 pages, 99 kb)

Daekeun Park and Changyong Rhee
202
Comments (PDF, 2 pages, 14 kb)

Tom Byrne
222
Creation of a regional credit guarantee mechanism in Asia (PDF, 17 pages, 78 kb)

Gyutaeg Oh and Jae-Ha Park
224
Comments (PDF, 2 pages, 23 kb)

Guorong Jiang
241
   
Lunch address  
Promoting the Asian bond market (PDF, 3 pages, 15 kb)

Kap-Soo Oh
243
   
Impediments, hedging supervision and clearing  
Identifying impediments to cross-border bond investment and issuance in Asian countries (PDF, 15 pages, 67 kb)

Atsushi Takeuchi
246
A survey on hedging markets in Asia: a description of Asian derviatives markets from a practical perspective (PDF, 21 pages, 179 kb)

Martin Hohensee and Kyungjik Lee
261
Comments (PDF, 2 pages, 14 kb)

Aaron Low
282
Clearing, settlement and depository issues (PDF, 49 pages, 175 kb)

Francis Braeckevelt
284
Comments (PDF, 2 pages, 15 kb)

Aaron Low
333
Bond market regulation and supervision in Asia (PDF, 18 pages, 79 kb)

Bernhard Eschweiler
335
   
Concluding panel discussion  
Questions to be analysed (PDF, 6 pages, 36 kb)

Contributions by Yung-Chul Park, Tom Byrne, Aaron Low and Robert N McCauley
353