New website to help investors buy bonds in Asian markets
New website to help investors buy bonds in Asian markets
Potential investors -- be they institutional, retail, local or
foreign -- can buy and trade Asian government securities through
the Asian Development Bank's (ADB) AsianBondsOnline website.
In the website's How to Buy Bonds section, investors are
guided on the procedures of bond trading in 10 Asian markets --
China, Hong Kong, Indonesia, Japan, South Korea, Malaysia, the
Philippines, Singapore, Thailand and Vietnam.
"This is the first time a primer covering such a wide array of
Asian markets is available to the investing public in one place
online," said Pradumna B. Rana, senior director of ADB's new
Office of Regional Economic Integration (OREI), in a statement.
"Information provided in this section will enhance the supply
of and generate demand for East Asian local currency bonds and
reduce the double mismatch problem."
Supported by ADB and financed by the Japanese government,
AsianBondsOnline, which was launched on Tuesday, is part of the
ASEAN+3 Asian Bond Markets Initiative (ABMI), a cooperative
effort to help develop mature bond markets in the region.
Currently, How to Buy Bonds is limited to government bonds and
securities. AsianBondsOnline will be expanded to corporate bonds
and other debt instruments in the future.
To check out the website, visit
http://asianbondsonline.adb.org/. -- JP