ASEAN+3 Cross-Border Corporate Bonds Research 2023

This research presents the trends in cross-border corporate bonds in ASEAN+3 (which is composed of the 10 ASEAN member countries, People’s Republic of China, Japan and Korea). The interregional flow of cross-border corporate bonds denominated in local currencies of ASEAN+3 countries is still in nascent stages, but there are already initiatives to encourage more issuances of cross-border corporate bonds in the region. With this, CGIF has been instrumental in encouraging eligible corporates to explore cross-border bonds for financing.