Asia Bond Monitor

Highlights trends in emerging East Asian local currency bond markets and explores bank efficiency and financing for a sustainable recovery. The publication discusses the importance of green and social finance in ensuring a sustainable recovery from the coronavirus disease (COVID-19) pandemic.

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This edition highlights trends in emerging East Asian local currency bond markets and explores bank efficiency and financing for a sustainable recovery.

The publication discusses the importance of green and social finance in ensuring a sustainable recovery from the coronavirus disease (COVID-19) pandemic. It also investigates the link between bond market development and bank efficiency. It finds that banks become more profit-efficient but less cost-efficient in economies with relatively more developed bond markets.