The AFDC workshop on developing corporate bond market successfully closed
During the past ten years, the government bond has played a dominant role in the Asian bond market. In the meantime, this period also witnessed the development of the corporate bond market with double digit growth in many countries. Generally speaking, the corporate bond market is still underdeveloped in Asia as it is only one third of the stock market by size.
With the support of the Chinese Ministry of Finance, the Asia-Pacific Finance and
There were about 40 participants from the ministries of finance and central banks of more than 10 economies such as Vietnam, Lao PDR,
The speakers for this workshop include top class experts, practitioners and academics in this field, including the senior advisor of the Office of Regional Economic Integration of ADB Mr. Noritaka Akamatsu, the head of bond market of Securities Commission Malaysia Mr. Kamarudin Hasim, the principal senior researcher of the Daiwa Institute of Research Mr. Noriyuki Suzuki, etc.
The discussion was centered on the hot topics of the corporate bond market such as developing primary and second market, improving information disclosure, strengthening regulation, improving the liquidity of the corporate bond market, reflection on the role of government, etc. Four country-specific cases of
The workshop was well received by the economies in the region. As one speaker pointed out at the workshop, the sound development of corporate bond market can not only diversify the financial system in
