sum bond) market in Hong Kong has been established to promote the use of RMB in investment outside China. This market has … bond market will continue to grow because of China's efforts to internationalize its currency as a national policy …China, the second largest economy in the world after the US, has started the process to internationalize its currency …

This article examines whether there is a correlation between the government bond markets of Asian countries and those … of the USA, and whether the efforts of international organizations to improve bond markets have had any effect in East … Asia. Because the sizes of the government bond markets are larger than those of the corporate bond markets in East Asia …

EMEs exploiting the opportunity. India also launched its rupee-denominated bond (masala bond) abroad in 2013, seeking to … peers, China and Brazil, to learn from their respective paths and experiences in similar regard. The paper concludes by … listing the key essentials for future growth and long-term sustainability of the masala bond market and its emergence as a …

Taking the first bond defaults in each province in China as credit events, we adopt a difference-in-difference model … event day, suggesting a spillover effect. The spillover effect is stronger for local state-owned-enterprise bond defaults … rates and higher general public budget revenue are less affected by the first bond defaults. Overall, our paper provides new …

. This paper studies the relation between global bond issuer’s currency denomination decisions and prevailing borrowing costs … borrowers. Furthermore, global bond borrowers appear to respond more strongly to deviations from covered interest parity after …

The majority of bond trading around the world takes place in over-the-counter (OTC) markets where liquidity is provided … liquidity in a more transparent and competitive environment? This report argues that further centralising bond trading, by … encouraging larger parts of the bond market to move onto transparent all-to-all platforms, such as exchange-based CLOBs, is not …

results, one may expect successful introduction of government bond futures in China and Brazil even as such contracts continue … market, private benchmarks long ago displaced government benchmarks. In the bond markets, evidence from organised exchanges … government bond futures to private interest rate swaps. The global financial crisis seems only to have interrupted this process …

This chapter aims to help an Indian commercial bank to choose between Asian Offshore CNH Bond and Asian Offshore USD … Bond using the measures of basis risk, yield curve risk, credit risk, market risk capital, credit risk capital and market …

Financing of investments through green bonds has grown rapidly in recent years. But definitions of what makes a bond … environmentally related credit risks. More consistent green bond standards across jurisdictions could help to further develop the …

a crisis-robust portfolio is especially pertinent when applied to the bond market, which offers a flight …