Research

Hong Kong, China Corporate Bond Market Research 2023

Hong Kong, China is a renowned financial market in ASEAN+3. This research aims to show two sides of the corporate bond market of Hong Kong, China. First, this shows the specific on the characteristics of the local currency corporate bond market of Hong Kong, China. Second, this research highlights the position of Hong Kong, China for cross border bonds in ASEAN+3. Similar with the other countries in the region, Hong Kong, China is keen on welcoming sustainable bonds in its corporate bond market.

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The People’s Republic of China Corporate Bond Market Research 2023

The corporate bond market of the People’s Republic of China (PRC) has marked its significance in the development of corporate bond markets of ASEAN+3. The outstanding corporate bond market size of the PRC is the biggest in the region, with key issuers coming from the banking and the real estate sectors. What is remarkable about the PRC’s corporate bond market is the openness to cross-border transactions, which includes the issuance of panda bonds and dim sum bonds. The PRC is also gearing up for the emergence of new corporate bond products, particularly thematic bonds.

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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.

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ASEAN Corporate Bond Market Research 2023

This research consolidates the key findings from CGIF’s country-level research papers. This shows the unique characteristics of each corporate bond market of ASEAN countries, as well as the differences in terms of their developmental stages.

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Philippine Corporate Bond Market Research 2022

The Philippines has been active in developing its corporate bond market. Improvements in corporate bond regulations also helped in encouraging issuers to tap the corporate bond market for funding. With increased awareness on sustainability, Philippine-based issuers are becoming open to green bond issuances in sectors such as renewable energy, financials and real estate.

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