Asia Link maps Asia's financial highway

Recommendations from a working group of the Asian Bond Market Initiative will bring regional bond market settlement linkage a step closer.

The development of an Asian bond market has been a focal point for regional financial cooperation since the Asian Financial Crisis of 1997. The Asian Bond Market Initiative ABMI has been endorsed by ASEAN 3 Finance Ministers but the lack of a regional securities settlement system represents a key challenge to the development of a regional bond market.

Junichi Shukuwa, lead consultant on a working group on regional securities settlement issues for the AMBI, will...

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