Asia-Pacific fixed income markets: evolving structure, participation and pricing

BIS Papers  |  No 102  | 
26 April 2019

The Bank of Korea and the Bank for International Settlements (BIS) co-hosted a conference on "Asia-Pacific fixed income markets: evolving structure, participation and pricing" on 19-20 November 2018 in Seoul, Korea. The conference marked the completion of the BIS Asian Office's two-year research programme on fixed income markets that had been endorsed by the Asian Consultative Council of central bank Governors in May 2017.

The conference brought together senior officials and researchers from central banks, international organisations and academia. This volume is a collection of the speeches, papers and prepared discussant remarks from the conference. Papers presented at the conference covered the effects of advanced economy monetary policy on bond markets; determinants of Asian bond prices; corporate bond market liquidity; the establishment of benchmark bonds; bond financing by Asian firms; and the role of different institutional investors in Asia-Pacific bond markets.