Asian Bond Markets Initiative
Asian Bond Markets Initiative (ABMI), which was endorsed at the ASEAN+3 Finance Ministers Meeting in Manila, the Philippines on 7 August 2003, aims to develop efficient and liquid bond markets in Asia, enabling better utilization of Asian savings for Asian investments. It would also contribute to the mitigation of currency and maturity mismatches in financing.
The activities of the Asian Bond Markets Initiative (ABMI) is focused on (1) Facilitating access to the market through a wider variety of issuers and (2) Enhancing market infrastructure to foster bond markets in Asia.
Read more about this topic: Bond Markets In Asia
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