Asia Bond Monitor September 2021

In the second quarter of 2021, rising COVID-19 cases have cast a shadow over emerging East Asia''s growth outlook. Yet the region''s financial conditions remain broadly stable amid accommodative monetary policy stances despite some weakening signs. Local currency (LCY) bond markets in emerging East Asia expanded to $21.1 trillion at the end of June, as governments tapped LCY bonds to support recov...