Asian local currency bond markets

Guorong Jiang and Robert Neil Mccauley ()

BIS Quarterly Review, 2004

Abstract: The liquidity of Asian local currency bond markets varies with overall size, turnover, issue size and dispersion of holdings. Recently, returns on higher-yielding instruments have led local currency bonds to outperform US Treasuries in aggregate.

JEL-codes: E44 G15 H63 O16 (search for similar items in EconPapers)
Date: 2004

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