Facilitating Foreign Exchange Risk Management for Bond Investments in ASEAN+3

Business & Finance, Economics, Economic Development, Finance & Investing, Finance
Cover of the book Facilitating Foreign Exchange Risk Management for Bond Investments in ASEAN+3 by Asian Development Bank, Asian Development Bank
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Asian Development Bank ISBN: 9789292570576
Publisher: Asian Development Bank Publication: August 1, 2015
Imprint: Asian Development Bank Language: English
Author: Asian Development Bank
ISBN: 9789292570576
Publisher: Asian Development Bank
Publication: August 1, 2015
Imprint: Asian Development Bank
Language: English

The Asian Development Bank (ADB) has been working closely with 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 foster the development of local currency bond markets and facilitate regional bond market integration under the Asian Bond Markets Initiative (ABMI). ABMI was launched in 2002 to strengthen the resilience of the region's financial system by developing local currency bond markets as an alternative source to foreign currency denominated short-term bank loans for long-term investment. Bond investors typically have a long position in local currency bond markets. To manage their foreign exchange (FX) risk, they may want to hedge that exposure for a period of time. They also want to be sure they can easily convert the local currency to dollars upon the sale of a bond. This study was undertaken under ABMI and funded by the Government of Japan. It reviews the FX and FX hedging markets in ASEAN+3 as they relate to cross-border investments in local currency bonds, and makes recommendations to facilitate the development of the markets and FX risk management.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

The Asian Development Bank (ADB) has been working closely with 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 foster the development of local currency bond markets and facilitate regional bond market integration under the Asian Bond Markets Initiative (ABMI). ABMI was launched in 2002 to strengthen the resilience of the region's financial system by developing local currency bond markets as an alternative source to foreign currency denominated short-term bank loans for long-term investment. Bond investors typically have a long position in local currency bond markets. To manage their foreign exchange (FX) risk, they may want to hedge that exposure for a period of time. They also want to be sure they can easily convert the local currency to dollars upon the sale of a bond. This study was undertaken under ABMI and funded by the Government of Japan. It reviews the FX and FX hedging markets in ASEAN+3 as they relate to cross-border investments in local currency bonds, and makes recommendations to facilitate the development of the markets and FX risk management.

More books from Asian Development Bank

Cover of the book Private Sector Assessment for Palau by Asian Development Bank
Cover of the book Pacific Economic Monitor July 2017 by Asian Development Bank
Cover of the book Guidance Note by Asian Development Bank
Cover of the book Economic Costs of Inadequate Water and Sanitation by Asian Development Bank
Cover of the book Energy Outlook for Asia and the Pacific 2009 by Asian Development Bank
Cover of the book Higher Education Across Asia by Asian Development Bank
Cover of the book Handbook for Developing Joint Crediting Mechanism Projects by Asian Development Bank
Cover of the book Climate Proofing ADB Investment in the Transport Sector by Asian Development Bank
Cover of the book An Agenda for High and Inclusive Growth in the Philippines by Asian Development Bank
Cover of the book The Social Protection Indicator by Asian Development Bank
Cover of the book Supply and Use Tables for Selected Economies in Asia and the Pacific by Asian Development Bank
Cover of the book Asian Development Outlook 2012 Update by Asian Development Bank
Cover of the book Prospects for Carbon Capture and Storage in Southeast Asia by Asian Development Bank
Cover of the book The Neighborhood Upgrading and Shelter Sector Project in Indonesia by Asian Development Bank
Cover of the book Asian Development Bank–Japan Scholarship Program by Asian Development Bank
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy