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Local Currency Collateral for Cross-Border Financial Transactions

Asian Development Bank
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      This report looks at how the use of local currency-denominated bonds for cross-border collateral transactions can be promoted in ASEAN+3 to develop regional bond markets.Active use of local currency-denominated bonds for cross-border collateral transactions can help by mitigating risks, reducing the credit costs of financial institutions, and expanding market liquidity. The report identifies the challenges faced by regional collateral markets and proposes seven policy recommendations for promoting the cross-border use of local currency bonds as collateral in the Association of Southeast Asian Nations plus the People's Republic of China, Japan, and the Republic of Korea—known collectively as ASEAN+3.
      Format: Paperback / softback CONTRIBUTORS: Asian Development Bank EAN: 9789292697136 COUNTRY: Philippines PAGES: WEIGHT: 272 g HEIGHT: 280 cm
      PUBLISHED BY: Asian Development Bank DATE PUBLISHED: 2022-11-30 CITY: GENRE: BUSINESS & ECONOMICS / Finance / Financial Engineering, BUSINESS & ECONOMICS / International / General, BUSINESS & ECONOMICS / Investments & Securities / Bonds, BUSINESS & ECONOMICS / Development / Economic Development WIDTH: 216 cm SPINE:

      Book Themes:

      ASEAN (Association of Southeast Asian Nations), International trade and commerce, Development economics and emerging economies, Finance and the finance industry, Investment and securities

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      This report looks at how the use of local currency-denominated bonds for cross-border collateral transactions can be promoted in ASEAN+3 to develop regional bond markets.Active use of local currency-denominated bonds for cross-border collateral transactions can help by mitigating risks, reducing the credit costs of financial institutions, and expanding market liquidity. The report identifies the challenges faced by regional collateral markets and proposes seven policy recommendations for promoting the cross-border use of local currency bonds as collateral in the Association of Southeast Asian Nations plus the People's Republic of China, Japan, and the Republic of Korea—known collectively as ASEAN+3.
      Format: Paperback / softback CONTRIBUTORS: Asian Development Bank EAN: 9789292697136 COUNTRY: Philippines PAGES: WEIGHT: 272 g HEIGHT: 280 cm
      PUBLISHED BY: Asian Development Bank DATE PUBLISHED: 2022-11-30 CITY: GENRE: BUSINESS & ECONOMICS / Finance / Financial Engineering, BUSINESS & ECONOMICS / International / General, BUSINESS & ECONOMICS / Investments & Securities / Bonds, BUSINESS & ECONOMICS / Development / Economic Development WIDTH: 216 cm SPINE:

      Book Themes:

      ASEAN (Association of Southeast Asian Nations), International trade and commerce, Development economics and emerging economies, Finance and the finance industry, Investment and securities

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      Be the first to write a review
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