Asia Link maps Asia's financial highway

Recommendations from a working group of the Asian Bond Market Initiative will bring regional bond market settlement linkage a step closer.

Lotte Pang

October 11, 2004

The development of an Asian bond market has been a focal point for regional financial cooperation since the Asian Financial Crisis of 1997. The Asian Bond Market Initiative (ABMI) has been endorsed by ASEAN +3 Finance Ministers but the lack of a regional securities settlement system represents a key challenge to the development of a regional bond market.

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