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Description |
The proposed knowledge and support technical assistance (TA) will strengthen, broaden, and sustain growth of Asian bond markets by disseminating information on the regions bond markets, creating knowledge products, and engaging in capacity building activities. The activities are expected to contribute to more informed and better functioning bond markets that lead of increased regional monetary and financial cooperation and integration in the Association of Southeast Asian Nations (ASEAN)+3. All activities will be undertaken in support of the Asian Bond Markets Initiative (ABMI), including its Medium-Term Road Map that was approved in May 2016. |
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Project Rationale and Linkage to Country/Regional Strategy |
This TAs objective of strengthening regional monetary and financial cooperation and integration is in line with ADBs Strategy 2020. The Midterm Review of Strategy 2020 recognizes that regional cooperation and integration will remain an important strategic agenda for ADB. It should be noted that the TA is relevant to the Regional Cooperation and Integration (RCI) Strategy, under Pillar 3: Monetary and Financial Cooperation. The TA is aligned with the RCI Operational Plan (approved in September 2016) particularly under Operational Direction 2 on raising competitiveness in connected markets by strengthening regional monetary and financial cooperation and supporting regional capital market development. |
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Impact |
Enhanced regional monetary and financial cooperation in the ASEAN+3, with integration more strengthened. |
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Outcome |
Enhanced market accessibility and lower informational barriers to global and regional investors in Asian bond markets. |
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Outputs |
ABO website and database maintained well and enhanced.
Asia Bond Monitor (ABM) and research papers on East Asian local currency bond markets published and disseminated.
Capability of government officials involved in bond market development increased.
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Geographical Location |
Regional |
