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 Public ICT Center for Rural Development by Asian Development Bank
Cover of the book Tajikistan by Asian Development Bank
Cover of the book Asian Economic Integration Monitor by Asian Development Bank
Cover of the book Pacific Private Sector Development Initiative by Asian Development Bank
Cover of the book Frequently Asked Questions on Anticorruption and Integrity by Asian Development Bank
Cover of the book Asian Development Outlook 2012 by Asian Development Bank
Cover of the book Uzbekistan Country Gender Assessment Update by Asian Development Bank
Cover of the book Japan Fund for Public Policy Training by Asian Development Bank
Cover of the book Factors Affecting Firm-Level Investment and Performance in Border Economic Zones and Implications for Developing Cross-Border Economic Zones between the People's Republic of China and its Neighboring GMS Countries by Asian Development Bank
Cover of the book Assessment of Power Sector Reforms in Sri Lanka by Asian Development Bank
Cover of the book Promoting Innovation and Inclusion for a Prosperous Asia by Asian Development Bank
Cover of the book Asia Bond Monitor September 2016 by Asian Development Bank
Cover of the book Harmonizing Electricity Laws in South Asia by Asian Development Bank
Cover of the book Gender Mainstreaming Case Study by Asian Development Bank
Cover of the book Gender Equality Results Case Study 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