SE Asia bond markets struggle to support infrastructure funding

22 Jul 2012

Economic growth has outpaced infrastructure development in Southeast Asia. The region’s bond markets could fill this gap but obstacles include exchange rate risk and a lack of regulatory backing.

Southeast Asia’s local currency bond markets are well placed to help bridge Southeast Asia’s infrastructure financing gap. But concerns over exchange rate volatility and scant regulatory backing are key obstacles that compound the difficulties associated with putting the funds effectively to use.

According to the Asian Development Bank (ADB), ...

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