Local Currency Collateral for Cross-Border Financial Transactions e-bog
36,52 DKK
(inkl. moms 45,65 DKK)
Active use of local currency-denominated bonds for cross-border collateral transactions could help the development of regional bond markets by mitigating risks, reducing the credit costs of financial institutions, and expanding market liquidity. This report identifies the challenges faced by regional collateral markets and proposes seven policy recommendations for promoting the cross-border use...
E-bog
36,52 DKK
Forlag
Asian Development Bank
Udgivet
1 september 2022
Længde
84 sider
Genrer
Monetary economics
Sprog
English
Format
epub
Beskyttelse
LCP
ISBN
9789292697143
Active use of local currency-denominated bonds for cross-border collateral transactions could help the development of regional bond markets by mitigating risks, reducing the credit costs of financial institutions, and expanding market liquidity. This report identifies the challenges faced by regional collateral markets and proposes seven policy recommendations for promoting the cross-border use of local currency bonds as collateral in the Association of Southeast Asian Nations plus the People's Republic of China, Japan, and the Republic of Korea-known collectively as ASEAN+3.