Emerging East Asia's bond markets expanded by 13.6 percent to $5.2 trillion in 2010 on the back of strong growth in corporate bonds, the Asian Development Bank said Tuesday.
The region's local currency bond markets, excluding China, grew by 11.6 percent year-on-year. In China, the region's largest market, total bonds outstanding climbed 15.1 percent year-on-year to reach $3.1 trillion, said the latest edition of the quarterly Asia Bond Monitor.
The region's local currency bond markets, excluding China, grew by 11.6 percent year-on-year. In China, the region's largest market, total bonds outstanding climbed 15.1 percent year-on-year to reach $3.1 trillion, said the latest edition of the quarterly Asia Bond Monitor.