HKMA's Yam on the case for an Asian Bond Market

In a speech on 'The Case for an Asian Bond Market' given on 8 July, Joseph Yam of the HKMA said collectively and individually, central banks and governments are making good progress on a variety of initiatives aimed at reducing barriers, building infrastructure and encouraging interest in the market.

In the end however, Yam concluded, there is only so much that the public sector can - or should - do, particularly in a region where there is traditionally not a lot of public debt.

"Central banks

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