FinanceAsia Achievement Awards 2000 - Best Local Currency Bond House

The regeneration of the local bond markets in Asia has been truly impressive since the end of the 1997-1998 financial crisis. In nearly every market in the region the development of a local currency, long-term, liquid bond market has been a key policy driver for officials and bankers alike. With differing levels of success, each country has developed its local market. And banks have realized that a key component of a successful Asian franchise is having a local markets capability.