Asean bond market stature rises Vital funding source besides banks


Muhammad Ibrahim shaking hands with Bank of China (Malaysia) Bhd deputy CEO Jenny Xu at the summit. Looking on are Cagamas Bhd chairman Datuk Ooi Sang Kuang (left) and president/CEO Chung Chee Leong.

KUALA LUMPUR: Asean bond markets are growing as an important source of long-term funding to pay for the development of infrastructure projects in fast-expanding economies across the region.

As it is, experts say infrastructure development projects in Asean are too dependent on bank loans.

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Business , bonds , fixed income , Asean

   

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