Eli M Remolona

Chief Representative for Asia and the Pacific

BIS Representative Office for Asia and the Pacific

Eli Remolona is Chief Representative for Asia and the Pacific of the BIS. He also serves as the Secretary of the Asian Consultative Council, which consists of the governors of the 12 leading central banks in the region. He is also Associate Editor of the International Journal of Central Banking. Until 2008, he was Head of Economics for Asia and the Pacific of the BIS. Eli joined the BIS in 1999 and for six years served as Head of Financial Markets in Basel and Editor of the BIS Quarterly Review. Before that, he was Research Officer of the Federal Reserve Bank of New York, where he worked for 14 years. He has a Ph.D. in economics from Stanford University.

Fields of interest

Financial markets
International finance
Monetary policy

Date	BIS research papers
Jan 2016	How do global investors differentiate between sovereign risks? The new normal versus the old BIS Working Papers No 541 Other authors: Marlene Amstad and Jimmy Shek
Nov 2015	Expectations and risk premia at 8:30am: Macroeconomic announcements and the yield curve BIS Working Papers No 527 Other authors: Peter Hördahl and Giorgio Valente
Sep 2015	The rise of regional banking in Asia and the Pacific BIS Quarterly Review September 2015 Other authors: Ilhyock Shim
Dec 2012	Why do firms issue abroad? Lessons from onshore and offshore corporate bond finance in Asian emerging markets BIS Working Papers No 401 Other authors: Paul Mizen, Frank Packer and Serafeim Tsoukas
Jan 2012	Local currency bond markets and the Asian Bond Fund 2 initiative BIS Papers No 63 Other authors: Eric Chan, Michael Chui and Frank Packer
Jul 2011	Local currency bond markets and the Asian Bond Fund 2 Initiative Other authors: Eric Chan, Frank Packer and Michael Chui
Jul 2010	Contagion and risk premia in the amplification of crisis: evidence from Asian names in the global CDS market BIS Papers No 52 Other authors: Don Kim and Mico Loretan
Jun 2008	Credit derivatives and structured credit: the nascent markets of Asia and the Pacific BIS Quarterly Review June 2008 Other authors: Ilhyock Shim
Jan 2008	Managing expectations by words and deeds: monetary policy in Asia and the Pacific Other authors: Alicia García-Herrero
Dec 2007	Risk in carry trades: a look at target currencies in Asia and the Pacific BIS Quarterly Review December 2007 Other authors: Jacob Gyntelberg

" The anatomy of sovereign risk contagion" (with E Wu, E Remolona and E Kalotychou), Journal of International Money and Finance, vol 69, 2016, pp 264-86.
" Infrastructure and Corporate Bond Markets in Asia" (with T Ehlers and F Packer), Financial flows and infrastructure financing, RBA Conference Volume, 2014.
" How do global investors differentiate between sovereign risks? The new normal versus the old" (with M Amstad and J Shek), Journal of International Money and Finance, January 2016. Also published as BIS Working Papers, no 541.
" The dynamic pricing of sovereign risk in emerging markets: fundamentals and risk aversion" [with M Scatigna and E Wu], Journal of Fixed Income, Spring 2008, pp. 57-71.
" Information flows during the Asian crisis: evidence from closed-end funds", [with B Cohen] Journal of International Money and Finance, 2008, pp. 636-653.
"Attracting foreign participation in Asian local currency bond markets: the case of the Asian bond fund 2 initiative" (with F Packer), Pacific Economic Review, vol 17, no 3, August 2012, pp 415-33.
" Price formation and liquidity in the US Treasury market: The response to public information", [with M Fleming], Journal of Finance 54, No 5, October 1999, pp. 1901-15.
" What moves bond prices?" [with M Fleming], Journal of Portfolio Management, Vol 24, No. 4, Summer 1999, pp. 28-38.
" Two factors along the yield curve", [with F Gong], The Manchester School, Vol. 65. 1997.