Guidance Note For Developing Government Local Currency Bond Markets

Guidance Note For Developing Government Local Currency Bond Markets PDF

Author: International Monetary Fund

Publisher: International Monetary Fund

Published: 2021-03-12

Total Pages: 157

ISBN-13: 1513573926

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This guidance note was prepared by International Monetary Fund (IMF) and World Bank Group staff under a project undertaken with the support of grants from the Financial Sector Reform and Strengthening Initiative, (FIRST).The aim of the project was to deliver a report that provides emerging market and developing economies with guidance and a roadmap in developing their local currency bond markets (LCBMs). This note will also inform technical assistance missions in advising authorities on the formulation of policies to deepen LCBMs.

Good Practices for Developing a Local Currency Bond Market

Good Practices for Developing a Local Currency Bond Market PDF

Author: Asian Development Bank

Publisher: Asian Development Bank

Published: 2019-05-01

Total Pages: 350

ISBN-13: 9292616110

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Local currency bond markets in ASEAN+3 play an important role in diversifying financial intermediary channels and mitigating the impacts of financial crises. They also have the potential to help mobilize developing Asia's significant savings to meet the region's enormous infrastructure investment needs. Drawing extensively on knowledge generated by the ASEAN+3 Bond Market Forum, the publication looks at the essential building blocks and the enabling environment for these markets, as well as the roles of government, relevant authorities, and market participants.

Local Currency Bond Markets - A Diagnostic Framework

Local Currency Bond Markets - A Diagnostic Framework PDF

Author: World Bank

Publisher: International Monetary Fund

Published: 2013-07-09

Total Pages: 40

ISBN-13: 1498341527

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In November 2011, the G-20 endorsed an action plan to support the development of local currency bond markets (LCBM). International institutions—the IMF, the World Bank, the EBRD, and the OECD—were asked to draw on their experience to develop a diagnostic framework (DF) to identify general preconditions, key components, and constraints for successful LCBM development. The objective is to provide a tool for analyzing the state of development and efficiency of local currency bond markets. The application of the DF is expected to be flexible, bearing in mind that the potential for LCBM development depends on economic size, financing needs, and stage of economic development.

BOTSWANA

BOTSWANA PDF

Author: Trevor A Lessard

Publisher: International Monetary Fund

Published: 2023-03-17

Total Pages: 4

ISBN-13:

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At the request of the authorities, an IMF team undertook a technical assistance mission to Botswana, from August 17–26, 2022, to support efforts to develop the local currency government bond market. The mission assessed the current stage of the sovereign debt market and formulated policy recommendations for each of the six building blocks included in the Guidance Note for Developing Local Currency Bond Markets.

Developing Government Bond Markets: A Handbook

Developing Government Bond Markets: A Handbook PDF

Author:

Publisher: World Bank Publications

Published: 2001-09-21

Total Pages: 452

ISBN-13: 9780821349557

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This handbook is a comprehensive and authoritative reference for both senior policymakers—those responsible for the development of government bond markets in their own countries—and all individuals responsible for guiding the market development process at the operational level—those who have a substantial need to understand the policy issues involved.

Detailed Guidance for Issuing Green Bonds in Developing Countries

Detailed Guidance for Issuing Green Bonds in Developing Countries PDF

Author: Asian Development Bank

Publisher: Asian Development Bank

Published: 2021-12-01

Total Pages: 89

ISBN-13: 9292692852

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This guidance note aims to help bond issuers and their advisors to understand the process and key considerations for a successful green bond issuance. Demand for green bonds and other sustainable finance products is increasing rapidly, and issuers are seeing an opportunity to be part of the green bond market. This publication covers all the steps required to follow best practices in labeling bonds as green. It includes examples, links to further details, and key resources for green bond issuers and their deal teams.

Building Local Bond Markets

Building Local Bond Markets PDF

Author: International Finance Corporation

Publisher: World Bank Publications

Published: 2000

Total Pages: 300

ISBN-13:

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Building local currency bond markets has become an increasingly important topic for emerging market countries, particularly since the Asian financial crisis. This report reviews why countries should consider building local currency corporate bond markets and how to evaluate what is needed and what might be developed. It includes eight country studies: Republic of Korea, Australia, Malaysia, India, Pakistan, Sri Lanka, Bangladesh, and Nepal. It is based on the IFC-sponsored South Asia Debt Market Symposium held in October 1999 in Sri Lanka, which brought together regulators and market participants from around Asia and other parts of the globe to discuss issues in developing local markets. The report is divided into two parts: Part I addresses why and how to develop bond markets. It begins with a chapter describing a framework for evaluating bond market development (which was used to produce the five South Asian country surveys in Chapters 11-15), and summarizes key points from the symposium papers and the South Asian situation. It is followed by presentations on the importance of bond markets and on the risk-management of bonds and the benefits of supranational issuance. Part II consists of country case studies.

Issuing International Sovereign Bonds

Issuing International Sovereign Bonds PDF

Author: Mr.Mauro Mecagni

Publisher: International Monetary Fund

Published: 2014-06-04

Total Pages: 37

ISBN-13: 1475523106

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This African Department Paper examines the rise in international sovereign bonds issued by African frontier economies and recommends policies for potential first-time issuers.

ASEAN+3 Bond Market Guide 2016 Singapore

ASEAN+3 Bond Market Guide 2016 Singapore PDF

Author: Asian Development Bank

Publisher: Asian Development Bank

Published: 2016-10-01

Total Pages: 121

ISBN-13: 9292575988

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The Singapore bond market has become one of the most developed open capital markets in Asia with over US$221 billion in total local currency bonds outstanding with an additional US$53 billion of bonds outstanding. The Singapore Bond Market Guide is an outcome of the support and contributions of ASEAN+3 Bond Market Forum members and experts, particularly from Singapore, while the ASEAN+3 Bond Market Guide as a whole is a comprehensive explanation of the region’s bond markets. This report should be recognized as a collective good to support bond market development among ASEAN+3 members.

The Asian Bond Markets Initiative

The Asian Bond Markets Initiative PDF

Author: Asian Development Bank

Publisher: Asian Development Bank

Published: 2017-06-01

Total Pages: 69

ISBN-13: 9292578448

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The Asian Bond Markets Initiative (ABMI) was launched in December 2002 by the Association of Southeast Asian Nations (ASEAN) and the People’s Republic of China, Japan, and the Republic of Korea---collectively known as ASEAN+3 to strengthen financial stability and reduce the region’s vulnerability to the sudden reversal of capital flows. This paper also provides recommendations for addressing new sources of market volatility and other challenges within and outside the framework of the Asian Bond Markets Initiative.